Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.

Meeting Details

Meeting Name: FINANCE COMMITTEE Agenda status: Approved
Meeting date/time: 6/1/2026 4:30 PM Minutes status: Draft  
Meeting location: VIRTUAL
Published agenda: Agenda Agenda Published minutes: Not available  
Agenda packet: Agenda Packet Agenda Packet
Meeting video:  
Attachments:
File #Ver.Agenda #Boards, Commissions and CommitteesTypeTitleActionResultAction DetailsWatch
93346 11.Public CommentDiscussion ItemPublic Comment   Not available Not available
93167 12.Approving an extension of a provisional appointment for Aeiramique Glass from June 8, 2026, until such time as the position of Independent Police Monitor is filled on a permanent basis or March 31, 2027.ResolutionApproving an extension of a provisional appointment for Aeiramique Glass from June 8, 2026, until such time as the position of Independent Police Monitor is filled on a permanent basis or March 31, 2027.   Not available Not available
93126 13.Nakoma Crossing City Clerk Lease to City Letter of IntentResolutionAuthorizing the City’s execution of a lease for a 36-month term beginning on the completion of the Lessor’s Work defined in the Letter Intent between the City of Madison and 3517 West Beltline LLC for the property at 3517 W Beltline Hwy for Clerks Office storage. (District 10)   Not available Not available
93159 14.Authorizing an intergovernmental agreement supporting a renewable diesel pilot program between the City of Madison and the Board of Regents of the University of Wisconsin SystemResolutionAuthorizing an intergovernmental agreement supporting a renewable diesel pilot program between the City of Madison and the Board of Regents of the University of Wisconsin System   Not available Not available
93119 15. ResolutionAuthorizing the Mayor and City Clerk to enter into a competitively selected, 9-month contract with Slipstream, Inc. for building decarbonization assessments and strategic decarbonization planning.   Not available Not available
93170 16.Authorizing the Community Development Division to release the 2026 Employment and Career Development Services Request for Proposals (RFP), and directing staff to evaluate responses to the RFP and formulate recommendations regarding the allocation of availResolutionAuthorizing the Community Development Division to release the 2026 Employment and Career Development Services Request for Proposals (RFP), and directing staff to evaluate responses to the RFP and formulate recommendations regarding the allocation of available funding for review and approval by the Common Council.   Not available Not available
93182 17.Adopting the City of Madison’s required 2026 Annual Action Plan (AAP) and approving submission of the Plan to the U.S. Department of Housing and Urban Development (HUD). (Citywide)ResolutionAdopting the City of Madison’s required 2026 Annual Action Plan (AAP) and approving submission of the Plan to the U.S. Department of Housing and Urban Development (HUD). (Citywide)   Not available Not available
92931 18.Authorizing the City of Madison, via its Community Development Division (CDD), to accept up to $50,000 in grant funding from the Bloomberg/Rockefeller Philanthropies to implement the Youth Climate Action Fund (YCAF); authorizing the Mayor to sign a YCAF PResolutionAuthorizing the City of Madison, via its Community Development Division (CDD), to accept up to $50,000 in grant funding from the Bloomberg/Rockefeller Philanthropies to implement the Youth Climate Action Fund (YCAF); authorizing the Mayor to sign a YCAF Program Charter with the Grantor to formally accept these funds; and amending CDD's 2026 Adopted Operating Budget as appropriate to recognize the additional grant revenue and commensurate expenditures.   Not available Not available
93162 19.13182 TerraVenture Advisors PSA for S Park St PropertiesResolutionAuthorizing the City of Madison to enter into a Purchase of Services contract with TerraVenture Advisors, LLC to provide relocation assistance and services to the tenants occupying the buildings located on the City-owned property at 1812 - 1820 S. Park Street; authorizing the payment of eligible relocation benefits; and authorizing lease negotiations with the current tenants in the interim totaling $546,650, with funding previously authorized 2026 EDD Capital Budget and in the adopted TID 51 project plan. (District 14)   Not available Not available
93163 110.13043 Amending File ID 87871ResolutionAmending RES-25-00299 (Legistar #87871) authorizing the execution of a development agreement with Starkweather, LLC regarding the development of the former Voit Farm property in Tax Incremental District #55 (Voit). (District 15)   Not available Not available
93161 111.13096 Voit Lots AcquisitionResolutionAmending the 2026 Economic Development Division Capital Budget by $4,165,000 and authorizing the execution of a Purchase and Sale Agreement with Starkweather, LLC, or their successors and assigns, for the purchase of four (4) properties addressed as 111 North Walter Street, 31 North Walter Street, 3471 Chicago Ave, and 3470 Canvas Road, Madison, WI 53703 for land banking purposes, and authorizing the expenditure of $135,000 of in the 2026 adopted EDD Capital Budget for environmental assessment, title work, closing costs, holding costs, and predevelopment costs totaling $4,300,000 (District 15).   Not available Not available
93149 112.13233 Odana Apartments LLC TIF LoanResolutionAmending the 2026 EDD Capital Budget (TID 57) and authorizing the Mayor and City Clerk to execute a development agreement to fund a $2,000,000 Tax Incremental Finance Loan to Odana Apartments, LLC, or its assigns to construct approximately 227 units of affordable housing and approximately 132 parking stalls located at 5559 Odana Road & 5542 Medical Circle in a proposed creation to Tax Incremental District (TID) 57 (District 19).   Not available Not available
93150 113.13217 GT Apartments LLC TIF LoanResolutionAmending the 2026 EDD Capital Budget (TID 56) and authorizing the Mayor and City Clerk to execute a development agreement to fund a $2,900,000 Tax Incremental Finance Loan to GT Apartments, LLC, or its assigns to construct approximately 302 units of affordable housing and approximately 148 parking stalls located at 6518 & 6526 Grand Teton Plaza in a proposed creation to Tax Incremental District (TID) 56 (District 19).   Not available Not available
92735 114.13323 Realta Fusion TIF LoanResolutionAmending the 2026 Economic Development Division Capital Budget and authorizing the Mayor and City Clerk to execute a development agreement to fund a $2,800,000 Tax Incremental Finance Loan to assist in the renovation and development of office, manufacturing, and research and development space for Realta Fusion, Inc. at 910 Mayer Avenue in the Project Plan area of TID 54 (Pennsylvania Ave). (District 12)   Not available Not available
93375 115. Discussion Item2025 Year End Review and Update on 2027 Budget Outlook   Not available Not available