The following is a presentation of TFNN. The Tiger Technician Hour. With your host, Hazel Chapman, call now. Call free at 1-877-927-6648. Good morning everyone. This is Thursday. What's the third? And this is the early edition. I'm recording it to be replayed at my usual time at 10. I have to be out. So we're looking at the Dow yesterday made this cluster formation. You see these four bars after the low of the 24th of Feb. It matches the 24th of January where there were four candles. Remember that everything was going well. There was suddenly this aberration. I don't remember what it was exactly. And the market pulled back instead of spiking up. And we had four sessions of sideways action. So the big question is, do we get this fifth candle that matches? And that was the move of the 31st of January. A nice breakout to the upside today. Or do we continue in this holding pattern? The bias right now is for some kind of a rally. We'll see what happens if after, I would say, if after 1.30 this afternoon, the Dow is holding a plus 100 or more. That'll be really good action, especially after yesterday. But if it's just kind of minus 40, like in the range of not going anywhere, then it's in a holding pattern. So we're looking at the futures. The Dow futures were down about 70, 80 points earlier on. Now they're up 20. And you can see there's 14 periods. There's black 14 periods in the daily chart. Period moving average is really strong resistance. And if there is a move in the futures above the high that was made on the 1st, which was 34065, which we can hold in the 34100 or higher area, I think that'll be good short-term action because it's saying, for the moment, we're looking at US markets. We're not looking overseas. We're looking at, wow, I mean, I'll get there in a moment. Crude oil just is relentless to the upside. So here we go. We're looking at the Dow futures up now 43. S&P futures are up. I'll go to the continuous contract. Up five. If you look at the S&P, it had the same kind of cluster formation. Look, here we are. There it was four candles. And again, the fifth candle. That was a candle of the 31st of January broke out. And we'll see if we're going to have the same pattern today. There's a lot of evidence to say that after the move yesterday, a kind of a relief rally with the beginning of the month fund buying, there should be a bias to the upside. And then we'll see whether or not anything happens to counteract that with bad news from overseas. We'll continue. We're looking at the QQQ and the X100 trading at 347.11, down 0.8 cents. It didn't act as well yesterday, but it's still a cluster formation. And any move, it doesn't have to actually hold, but any move to the 352 level in the next two days would be a positive to say, hey, at least there's a counter-trading rally to this big move down. Looking at the IWM, the Russell 2000, IWM is trading at 204.38 up 14 cents. Now that had a much nicer move yesterday. It actually started. 190.60 was the low of the 24th of January and 24th of February was 187.92. So it broke that. And this is brand new leg A right here goes to peak A because the other one was a peak B minus because it failed. And this is a new leg B. So I'm thinking here that IWM has a little bit more strength than the others. Just on the left side, the weekly chart is still quite as is the monthly. So we'll see if there's a nice bounce. Now we're going to get to the real story. Gold. Gold is up 13 at 19.35. I normally would grab the outside bars of a big spike that comes back down. I grab them and I join a rectangle and I say, okay, make it as simple as possible. Within that we've got very clear outside resistance and support levels. And that's 1976 on the upside. And the downside is 18. 18.83 or something. 18.78. 18.78. But I like to do this. I say, where's the most prominent near term rectangle formation? What are we trading with it? And that's what it shows. It says that today if gold spikes, oh, I just lost that, spikes above 19, let's go to 1953. And it's a 1935. That would be a big move to the upside. That would be a big positive. Say we work our way towards the high of 1976.5 and the continuous contract from the 24th of February. And if it starts to trade, not just slide down, but if it starts to trade below 1916 for more than an hour and a half. It says on a very short-term basis, gold is taking a bit of a breather. Looking at silver, silver at this point, this is 8.11 in the morning. Silver is near that left side high and it's holding it's 25.57 up 38 cents right now. It looks to me like it wants to go to a D about 25.7. Remember, silver kind of catches up to gold and then when they're all looking together as if, oh, wow, this is great. Suddenly you get this big pullback. Let's hope it happens. Yeah, just for geopolitical reasons, more than anything else. And we're looking at the dollar. This is so strange in history. You can go back and you'll see that gold and the dollar usually trade inversely. Not percentage-wise, but just generally in the direction. One goes up, other goes down. For a while now, they're going in the same. They're not moving counterpoint. They're moving together in unison. And gold, the dollars at 97.57 up 22 cents made a recovery high yesterday of 97.89. And this is all going towards what we had for a long time. Subscribers, we've been long for ages. We've been looking at this level of 97.80 as one of the levels of a target on the left side that will then have to break out to start moving into the 100 area. Can it do that? Well, let's just see how it handles this week, going into Wednesday of next week, middle of next week. We'll see if the dollar is holding here. Because at some point, I'm not sure if gold and dollar will go up in unison. Gold is going up as a fear factor, geopolitical fear factor. Dollar is going up as a currency favorite. It might be right, it might be wrong, but that's just what happens. Money internationally flows into the dollar. Let's go to high-grade copper. High-grade copper is up sharply. It's up 0.097 at 4.76. This is either it's a leg E, or we're looking at... This is a tough one, because it is going towards the 4.82 highs of last year, where it suddenly pulled back very sharply to the 4.13 area I think it was. And the weekly chart is making another beautiful cup formation. These double cup formations to the upside can be quite strong going towards the previous major resistance. And if you're looking at the monthly chart, the first resistance is in October of 2021 at 4.839. This is the continuous contract. And back in May of 2021 at 4.913. And you see the lovely synchronicity of one, two, three, four, five bars going back to the high, and now we've got one, two, three, four. This is the fifth bar, and it's big green, and it's just the beginning of the month. So we've got the whole month to see whether or not it's going to break out, because if it does, you've got this left-side, right-side price time-match that I drew in a long time ago that was at the high of 2011. February of 2011 at 5.125. The first half of the month was two.  I'll be back in a moment. Because of that, the building addition will come back in two, six hours, and this is 8.15 in the morning. What's separating you from the most successful men and women on Wall Street? That's right. Information. Having all the information gives us the perspective we need to place the right trades at the right time. The TAS Profile Scanner is the premier market-profile-based scanner. Powered by its acclaimed TAS proprietary algorithms, this feature-rich scanner instantly filters over 2,500-plus global financial markets, such as stocks, ETFs, commodities, futures, and forex. 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TFNN Educating Investors Call now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> Hi everyone doing an early edition at 8.18 a.m. in the morning and we're looking at the dark futures of 69 SP futures are up 8 just haven't done this for a while here's the one minute chart just a really nice kind of up and down trading pattern that was completely different of course when we get to when we get to this afternoon but in the meantime back to the answers we're looking at look just up and down up and down then a very long up from 5.20 this morning goes up to 6.30 a.m. goes around about 43.80 in the many futures drops sharply down at 6.50 goes to the 4.67 or 66 area and rally sharply and then pulls back to the 200p the moving average has just been a whipsaw like a a sine wave pattern and then it held it and now it's starting to move very nicely so it's going to be very important I see a bias to the upside today unless it's just some exogenous event that really knocks the market down but it will pull the market up quite well today so look at Crural up 358 makes a record at least in the short-term period it goes right to the 116.57 high this is just unbelievable going from 85 in about 8 or 9 sessions to 116.57 that's gone let me just take that away yeah this is very I mean this is significant what kind of effect is it going to have on the world in terms of the economies all these bills I mean I remember getting my what was it a bill in February and I couldn't believe it how electricity had gone up so sharply I thought was that a mistake but it wasn't a mistake so we're looking at Crural up very sharply here I believe coal's going to be the next thing that moves up looking as I said high-grade copper seems to have rallied quite nicely hasn't broken out short-term but in the weekly chart we're looking at the 482 level as a potential now this is going to be very interesting look at the TLT the TLT dropped sharply yesterday from the 142 33 area down to 136.40s today's up $1.47 and 137.94 so it's telling me that the yields are in a higher range haven't started to pull back significantly and they won't pull back until the TLT starts to trade towards the 200p moving average of $145.15 but more importantly what we're looking at is look at this monthly chart that monthly chart says $133.19 was the low in March of 2021 it rallies all the way to $155.12 and then this is the iShares 20th Treasury Bond Fund goes to $134.51 well less than $0.60 away from the low and it's still an ugly candle and look at this the candle of last month almost like the Chapman Wave Roman candle and we've already been halfway into it so I'm watching this really closely because it looks to me no matter what the Fed wants to do the rates are going to try to move higher so we'll see what they do, what the Fed does to be able to maintain it at a lower level we'll see if that's even possible now let's go to the Bitcoin or the GBTC this is the Bitcoin futures they were down about $360 now they're down $160 they're holding quite nicely here and the $45,745 is a 200 period exponential moving average the resistance in the daily the weekly has as we speak at $40,470 and if we can push into the everything else is moving if we can get to the $46,800 area it doesn't have to close it just has to get there to start a leg actually a leg B $5,905 somewhere on there okay next thing we're looking at is I'm not sure what's happening over there it says on, off, on, off doesn't matter, okay now a bunch of things we want to look at within the context of patterns let's just go back to this one right here let me show you, this is where I show my subscribers to my opening call every day the pattern that we're looking at is the match from the 24th of January $33,150 low up goes makes a peak A and then it stalls for a couple of days but all of this was really a containment from the low of four bars at the pink nine period exponential moving average then what happens is it spirals up, pulls back and it only goes to a peak C C minus makes the dreaded H pattern and fails so today is the fourth day of this from the low of the 24th of February at $32,272 in the Dow we're going to be watching to see does it break about $34,095 to start a strong leg B what happens my suspicion is it's probably going to do that yesterday I had a choice of adding to a particular position or I made the choice could not be in a choice or starting a position at the gap up opening in the Dow thinking wow so close to the low $32,272 opening up at maybe $32,280 or something like that gives me a chance to have at least for subscribers have a decent counter trend relief rally I didn't make the right choice I chose instead the one that didn't work and this one should have been the one I chose and now I could have got back in today but the risk reward just because of what's going on internationally said to me you've missed your best entry rather choose something else that has the potential to move the same percentage but maybe lower priced and that's what we've done so and if you're looking at this chart right here this is a chart with the nine period expansion moving average green is positive pink is negative and you can see it is still pink it hasn't turned green I don't know when it will turn green it could be soon we're getting very oversold in the world's volume so we'll be watching that closely there's a lot going on and in the meantime let me just do a couple of things like some questions and I'm going to get to that yep hi-ho and what I want to look at was yes so Gigi sent me a note that we saw that power backs quarter point rate rise and Mars despite Ukraine war effects correct and that should be a bit of a relief to the market just at the moment we'll see what happens now let's go through these things look the RTH this is the S&P retail ETF 20% Amazon has had a very nice leg A and now it's a peak A and now it's in a leg B I'm not able yet to give it a sign that says it's in a buy mode but this is very nice action from the bottom but when you're looking at it in the weekly chart wow that's quite a from 200 down to 100 and was a 64 so it says that within retail there's been an effect and that effect has really pulled it back very sharply but if you look at the monthly this is just a three month correction so far this is the fourth month we're going into and that just says now we can go to the XRT the XRT is the S&P retail this is equal weighted so Amazon doesn't distort that one made a peak C that's the only way I can count it unless I count this as a phantom peak it's a little bit too big to call a phantom peak it looks like a peak D and that pullback is much more serious so Amazon doesn't distort it and yet you've got what JWN you've got these retail stocks and it's spectacular moves yesterday so we've got to put this whole thing together I'll be back in a moment, half of this is up that's a very good side, S&P futures are up third we'll be right back that was a chapter in the early edition TfNN.com TfNN, Educating Investors TfNN also features trading services with a 30 day money back guarantee for new subscribers as well as TfNN's TigerDen trading room trading software and educational webinars for all trading levels and make sure you check out TigerTV for free on TfNN.com or TfNN's YouTube channel for live financial content from 8.30am to 4pm eastern on market days stop watching on the sidelines while other people get rich and become the investor you were born to be. 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8.30 in the morning and we're looking at the e-mini futures which ran up to 404396.50 it's the moment to go at a peak Dean of the Chapman wave it's time to pull back just a tad but that ten minute chart is only a leg B and that could be a good sign alright so what we're looking at here is two different things I was talking about how JWN which is Nordstrom had a spectacular one moment of trading the 20s yesterday and the next minute off the hours or at least early in the morning it pops up into the 20s to 27s so that kind of action is really important to monitor and what we're really looking at in terms of the XRT is to say that the US economy as it stands right at this particular moment if measured by chart patterns is saying if this is just the start of a move to the downside because of the concerted effort if there's an international incident this is more than an incident this is war an international incident and you get the S&P look at this we're talking about how the monthly canals are telling us so much look if we go to the S&P monthly chart look at that this is just a red candle it's called the chapter of Roman candle right there the first candle because it opens Roman candle because it's a firework right you light it it goes up and what happens is at tops over all the years for instance in 2007 we saw doji candle I think it was after the top was made the next candle and then what happens if it gets filled and it creates another doji candle you've got to be careful because if on any weekly basis if there is a close below a key metric and that would be the wick of this last candle the February candle a weekly close below 4280 that's called it that's just suggesting there's a good chance that you're going to retest the most recent low of the 41-14 levelish so we've got to watch this but if in fact we start to consolidate and for whatever reason by the end of the month not intermonth but by the end of the month there's a move towards the open of the Roman candle in this case the second candle this is the candle of February and it opens at 4519 if we get even close to that used up time but the other thing that I'm looking at is that the nine period moving average over the 14 period moving average says to get that green now to get it pink by closing underneath the 14 period moving average there would have to be a move that takes it down to 4000 or probably below 4000 so those are metrics that I'm looking at in the monthly chart and I don't want to get too carried away by saying the commodities around the key commodities that are really important moving up not just sharply, not just exponentially but these are almost vertical moves look at the crude oil that in the last look at this monthly chart now people say oh you know the crude oil and all that it's just been going up because of the Ukraine situation what are you talking about the trade in crude oil and the continuous contract most recently that was December of 2021 on the weekly chart that's the week of the third it's been going up ever since and that was kind of a warning to say something's happening you've got to be careful yes the exponential move right here that vertical move after the doji candle of last week just moving this candle moving so sharply and green we've got all the way to go to Friday on a cultured basis by any metric I'm sure but if you're looking put-call ratios and everything in the crude oil contract I haven't done that but my guess is that the outweighing of the calls to the puts must be enormous and if you're looking at the SCO the SCO is the inverse that is the reverse crude oil goes up the SCA which is the pro shares ultra short bloom work two times short the MACD is just across negative stochastic still a 30% it could even go down to the 15% of 8% that's just a big negative but it doesn't mean to say that at some point there is mention of bringing oil out our reserves whatever it is now on a very short basis I can understand that but you don't really want to be bringing your crude oil your reserves out now when you aren't making it up anyway it's just going to be expended and not replaced that to me is really a crux it's a very important aspect so that's crude oil now I want you to do a couple other things the VIX index pullback sharpening yesterday into day today's down 51 cents at 30.23 if there is going to be let me do this for some of you you might be tuning in late and if you listen to my show which will be in two hours time this right now will be 20% it will be 10.35 instead of 8.35 a.m if you're looking at this the pattern that I'm looking at here is that see the way on this loss bounce to 35 the VIX index didn't go to the 29 level and even though the news was way worse it didn't break the COVID inflation Russia hysteria of the 24th actually that was that was a coincidence on the 24th the lowest 24th in the market and the high was in the VIX so so far it's saying there are things being done that are immediately raking some of the some of the the damage that's economically that's morally just it goes through everything and the VIX is telling us I'm still really high at 30.25 but if I do pull back to maybe the 28 to 87 14 period exponential moving average there should be 130 point move at least in the Dow S&P should S&P fuses up 10 they should be up 22 or something like that so that's what we're looking at and the reason why I mentioned that is because this is the first session and I've made it a very critical session for me in terms of the match of this bar right here it gave the 31st of January after the low that was made on the 24th of 33,150 in the Dow we went to a lower low the dreaded age was a failure pattern but within two sessions actually was within one session we went back up above 33,150 and we've been there for a while so that's important today is the first session if you're looking at the YM you'll see there's just a break of the 9 the pink 9 period moving average and we're resting up against the 14 period moving average a very big move could even take us to on Friday maybe 34,300 the 200 period moving average I would like to see that just in terms of relief to see what's working now what a stock that I mentioned just a while back if I can even think of the name snap I'd said that this is a day late it's not exactly my Chapman Wave volume price climax reversal on the fourth the lowest the third was a huge gap down with massive volume major volume at 24.32 on the third of February and I said I this is it was the next day a huge item reversal to the upside and what I said is I believe this is a Chapman Wave volume price climax reversal and then looking at it closer that day I mentioned the following day no it missed it by one day it was the gap to the upside I think that was earnings I don't know what it was and I said the rule of thumb in the Chapman Wave methodology is that when you get the Chapman Wave volume price climax reversal there's a really good chance that you're going to go see the price hold way above that low for a minimum of 28 days if it's lost over 28 days it can even double to 56 days but there we are are you having fun trading the markets but having trouble finding like minded individuals to discuss your trading and investment ideas with become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com the Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with the sharpest minds in the trading world subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other tigers and as they share trading ideas news analysis and discuss the market action all trading day subscribe to the Tiger's Den risk free with our 30 day money back guarantee and become part of the tfnn 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Tiger TV We're making that snap ink it's up 9 cents at 3746 and what I said was it should hold and it's 27 days tomorrow it'll be 28 so I think we'll leave I haven't counted percent but that's what I think it is and I also said that doesn't mean to say it goes from a bicycle to a buy mode but in the meantime it's just holding steady in a rectangle formation stuck here if we can ever get to the 4250 area that'll be a nice breakout to the upside in the meantime it's just stuck but it is holding way above the 2432 low in that particular technique in the chapel now a whole bunch of things GDX yes question is GDX what about the GDX GDX has the rectangle formation 3576 3607 was the height that was made five sessions ago and let me just draw this in the rectangle formation and of course in this particular instance there's now treating the 34 60 level of support I don't from the way there's a leg D in the weekly chart not a particularly good looking pattern in the monthly until I have to wait for the close of the month of March but I am going to say that the Chapel Way Falling Axe Formation has got a third line and this line up here is a second Falling Axe Formation and it says that any week that there's a close above 3750 will really improve the monthly chart then we can look at the monthly chart and say hey now we can draw in the pattern I'm going to do a little premature of the Falling Axe Chapel Way Formation turning into a cup formation and that says that gold is in play and one of the reasons why we have a gold stock we're trying to have a mix of all these different areas is because as a an icon of fear geopolitical fear gold has always been the go to place and that can help the stocks in fact some of the stocks have done really well some stocks actually have just been kind of they've been okay but not great so I am saying that this is a time for this particular chart it's also a particular time of course in the configuration that's going on but I'm just talking about chart formations because the weekly chart says to be able to make a confirmed cup formation there so it helps the weekly it helps the monthly chart you want to see this candle right here the candle of 18th of June 2021 with a high of 3829 you want to see at least it opened at 3757 3829 was the high so 3757 has to kind of be your target in the shorter term meaning weekly so shorter term could be two weeks or so so that's what we're looking at it also says from the from the daily chart the stochastic went to 80% but it's not holding over 80% in fact it is at 77% it needs to hold in the 80% level to say hey I'm here for a longer period of time this is a daily chart of course longer period of time is less than I'd be saying if it was a weekly chart but that's what you need to see and as soon as that happens the 90s way above the 14th period moving average in the day it says that for gold the gdx the gold miners etf to break down you'd probably have to see a close under 32 to get that 9 to close under the 14th period moving average right now I just don't think I see that so that's within the context of the other things that we're looking at that was that the next thing I was asked about was oh sdco can I look at that that was 7290 this is Southern Copper Corporation almost got the same cup formation that we're looking at in gold this is the weekly chart weekly is in leg D a close a peak D underneath the previous high in this case the high of the 14th of May at 8329 it's a 7290 right now we would say oh it's going to take a little time to consolidate but this leg D needs to get it needs to continue strong the MACD is very good the stochastic under 80% it's running and the on balance volume is really good in fact it's just getting a tad overboard in the weekly but the daily says hey there could be a lot to go there's only leg C in the daily chart so sdco tremendous support between 71 and 69 this is 7291 right now this is on a shorter term basis our next question I had was where did it go where did it go yeah forward forwarded a big move yesterday but that was just on talk talks about spitting off the electric vehicle side of it 25 you remember going to the high of the 13th of Jerry 2587 you just there wasn't a single news media that you didn't pick up and say hey Ford is electric wow it's going to challenge Tesla etc and it goes from 25 down to 15 15 90s now since 1810 leg B it's up today 30% pre-marketed 1840 I have to tell you I think there's a lot more work to be done for Ford to really break out and that says to look at Tesla you remember Tesla had that round number low was a fabulous notation there 700.00 at the round number low of I think that was also the one was at 20 24th of Feb this trading now pre-marketed 879 it's on the 200-period moving average look at the 200-period orange on the left here was tremendous support then it broke down then it became resistance and now it's like a magnet for Tesla to really break away from this 200-period moving average it has to hold above 8 I'd have to say 885 it has to touch it a couple of times and then hold above 880 for about three out of four sessions three times it needs to be holding there and then I say hey that is good action can't just have a pop and a failure because that's a big magnet next question I had was would I look at the semiconductor index say this is pre-market unchanged just about at 268 it 200-period moving average we just saw it right I didn't even realize that we're going to talk about apples to apples look 200-period moving average became a support broke down then became resistance ever since the late January break under the 318 all-time high goes down to 249 rebounds all the way to the 280 area 290.35 on the 10th affair plunges down onto the 24th down to the 246.76 in the dreaded H pattern it is a positive that it's above so I'm thinking that many of the charts are going to make this lower now they're going to make the lowercase to try for another H here on the right side so the semiconductors to break out would have to go to 290 on a closing basis in the weekly chart I just don't see that I think there's a lot of there's a lot of problems if you look at the best of the best look at Nvidia you know same thing looks the same as the SMHs there are some like MEU was doing very well it's still doing very well it's a much much this is one of the best charts that I'm looking at here in the semis micro on tech training in 952.55 went from 98.45 in January January the 5th plunges down to the 75.52 level spirals up to the 96 plunges down to the 84th and now it's training in 93 so this zigzag pattern just says very simply treated as a trap weight inside track repellent zone this whole area here and if it needs to break above 96.80 to 97.50 it needs to close there to say hey I'm making a LED but I'm also breaking out and that'll be a big sign so that's the only one in the whole semiconductor index that I find really worth talking about just chart that I look at I'm there some others I'm sure next question I had before we go to a break is what would you be looking for today let me just go to the futures because the market hasn't opened yet it's got 30 it's got 40 minutes to go so I'm looking at this there's a chance that we match that candle right there January 31st by having a nice pop to the upside the 34,290 is extremely strong 200 period expansion moving average resistance but it's duration I don't want to see it just one of those days where you're up sharply and within the split second you're 20 points down and the S&P then 20 points up there has to be a sustained rally off the 1,315 plus 100 and that'll be a good close the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having the latest market advice can help you turn this chaos into a key for creating winning trades at TFNN we understand that it can be hard to find reliable market news that's why each of our 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Mortgage Program may be just the program for you the Tiger First Mortgage Program pays 7% per year paid monthly for more information you can call<PHONE_NUMBER> that's<PHONE_NUMBER> don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com and hit watch Tiger TV I just mentioned in the debt that this chance of the Iranian deal is going to get done and that means that they will release oil reserves that's the only thing that I can see that would actually bring down the price of oil it could bring down the price of many things and that's why the market could be ready to have that bounce today we'll see what happens so and the question Jay the answer is that there's a line that is spurious to say fund buying at the end of the month fund buying at the beginning of the month it does happen but I haven't really seen proof that it actually impacts the market other than the conditions that I'm looking at so it does that's the expression is that there's fund buying and there is because money comes in every month money comes in and they have to put it to use so that's really the issue I think what you and I are both implying is that it impacts the market how do you know on the 24th they weren't buying 25th they weren't buying and all I can say is that we just have to look at the markets I think other people would have better information I just cheated as it's one of the factors so look at wheat wheat is skyrocketing itself 67 at 111 26 look at that smile to the upside look at corn when it's going to soybeans at recovery high it's got an alternate count G-B this is really important one of the reasons why we keep holding the DBA the DBA agricultural fund and that's 21.60 we're in 30s 13s in the 13s this is a big move up and that's just saying prices are going to go higher all the way around so as I wrap up I'm going to hand you over to Tommy O'Brien great show at 9 o'clock in the morning 906 market kickoff and the only other thing I want to say before we wrap it up is yes if the chart pattern we're looking at and we do this one more time is that the 5th candle after the load that was made in the 24th was a big candle to the upside we're going to be watching to see if there's a repeat pattern during the Dow day by seeing the Dow start to move up and holding 120 ball of syringe up until the 40th future have a wonderful day I'll be back for regular time for a check up on people like a user and thank you for Tommy O'Brien great show and I'll see you in the next video goodbye


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Okay, I see the recording button. There it is. And I also see. We are recording. And I see one attendee who it. Mandy Joe Hanneke is in the attendees. Emma's media is here. It is 634. I think you are good to go for this evening. Mr. Marshall. Okay. Thank you, Pam. You're welcome. Welcome to the Amherst planning board meeting of April 5, 2023. My name is Doug Marshall and as the chair of the Amherst planning board, I'm calling this meeting to order at 634 p.m. This meeting is being recorded and is available live stream via Amherst media. Minutes are being taken. Pursuant to chapter 20 of the acts of 2021 and extended by chapter 22 of the acts of 2022. And extended again by the state legislature on July 14, 2022. And signed into law on July 16, 2022. And extended again by chapter two of the acts of 2023. And signed into law on March 29, 2023. This planning board meeting will be conducted via remote means using the zoom platform. The zoom meeting link is available on the meeting agenda. It will be posted on the town websites calendar listing for this meeting. Or go to the planning board web page and click on the most recent agenda, which lists the zoom link at the top of the page. No in-person attendance of the public is permitted. However, every effort will be made to ensure the public can adequately access the meeting. In real time via technological means. In the event we are unable to do so for reasons of lack of communication, we will not be able to do so. And we will be able to do so for our best efforts. We will post an audio or video recording, transcript or other comprehensive record of proceedings. As soon as possible after the meeting on the town of Amherst website. Tonight's meeting was mistakenly scheduled at the start of a religious holiday. A quorum of the planning board is not present. A quorum of the planning board is not present. A quorum of comment will not be conducted. Item one on our agenda this evening. Is a public hearing on a zoning amendment. We were scheduled to continue the public hearing for zoning bylaw. Regarding article three use regulations. Article four development methods. Article nine nonconforming lots uses and structures. To amend article 12 definitions. Which was continued from March 1st 2023. To this evening. The. Motion reads. To see if the town will vote to amend article three use regulations. To change the permitting requirements for owner occupied duplexes. Affordable duplexes. Nonowner occupied duplexes. Converted dwellings. To add a permitting pathway. To add a permitting pathway. And standards and conditions for triplexes. To modify standards and conditions for other housing use categories. To amend permitting requirements for housing use categories. To create more streamlined permitting pathways for these uses. To remove the use category subdividable dwellings. To add a use category three family detached dwelling. Or triplex. To add a permitting pathway and standards and conditions for other housing use categories. In the aquifer recharge. Protection overlay district. To amend article four. Development methods. To add three family dwelling where appropriate. To amend article nine. Nonconforming lots uses and structures. To add a reference to three family dwelling. And to amend article 12 definitions. To add three family detached dwelling unit. Or triplex. And to delete subdividable dwelling. As stated above, due to the lack of a quorum, this public hearing will not be held to this evening. Instead, it will be continued to April 19th. 2023. At 7pm. Thank you for your attendance this evening, and we will see you on April 19th. This meeting is adjourned. Thank you, Doug. Six 38. Are we in agreement to that time? Yes. Six 38. Okay. Thank you very much. Good night. Have a good evening. To. Bye. Bye.


The blaze at New Life Farms of Purim began around 7 a.m. Thursday morning and quickly engulfed the entire building. Firefighters worked to save the nearby barns that also were full of birds. The cause of the fire has not been determined and remains under investigation by the state fire marshals office. If you enjoyed this segment of Lakeland News, please consider making a tax-deductible contribution to Lakeland PBS.


What's going on guys welcome back to the channel and I seriously appreciate you being here today I bring you the start of what I hope will be a great new enjoyable series for you guys here on my channel and that is a Fortnite Battle Royale top 5 plays. Fortnite is a game I am seriously enjoying and I know many other people are too many people are doing some amazing things and if I can build a base for you guys to share those amazing things that would be absolutely awesome so today I kind of bring you a demo top 5 a demo of clips I've gone from people on Twitter and so forth just to demonstrate a Fortnite top 5 video and how they will work if you want to be featured in an episode submit your clips to Fortnite top 5 plays at atlop.com that email address can be found linked within the video description submit any amazing funny epic moments whatever submit them clips to that email address also guys if you want to win an Xbox or PlayStation gift cards simply drop a like on this video and leave a comment down below so let's start with this top 5 in at number five we have a clip sent in by Lord Peng with this epic shotgun spree making easy work at his team. At number four we have a clip sent in by Gizzy Matfizzy with this epic turn on double launcher down while under fire three we have a clip sent in by baby Brandon 269 with this amazing long range perfectly timed snipe for the game we have a clip sent in by IB dropping juices with this epic triple snipe in play we have a clip sent in by she bolted last two standing goes for the supply drop and ends up getting this nasty turn on for a game winning kill but yeah guys we have come to the end of the video remember submit any crazy epic funny moments to the email address linked within the video description if you guys enjoy Fortnite and want to see me cover more drop a like on a video if you are new around here and enjoy what you are seeing make sure you subscribe but thanks as always for stopping by and hopefully I'll see you on that next one


I'd like to hear now from you about thoughts in what some of the next steps specifically on reconciliation can be for this council, for you individually, are there thoughts about what you might want to do in your community, what good follow-up we should do as a council.


Everybody I'm at here for late in sports cards are up in three boxes of 2022 Panini legacy football These are for Brett M. Good luck Brett Son Haskins Garrett Wilson Bailey's that Daxton Hill flipper Anderson for the ages. It's Malik Willis rookie and Red to 299 Derek Carr from Ford This is red to 299 Drew Pearson. This is Desmond Ritter James some Williams some Williams Chris Olavae and 249 That is rookie Jersey Otto Jalen Weidermeyer Mike Dicca Kobe Bryant Isaiah likely rookie orange to 199 Ken Houston There's a rookie Breeze Hall and Garrett Wilson rookie silver You have two boxes of prison baseball in queue after this As a spiller Christian Watson and DJ Moore vet Otto 5 of 50. I need DJ Moore to start Enough some points for me in fantasy football got mechie Miles Garrett many George Carloftus Sky Moore Cordero Patterson to 100 you that water Pickens there's Sam Howell under the lights rookie. It's Jones cave-on tibidow Tolbert this is many Bronze to 75 Kenny Galladay Warren moon Matt Corral rookie Jonathan Taylor box to Garrett Wilson Rookie Sam Howell Drake London and Stefan Diggs Just 75 many this is one Dale Robinson rookie orange to 199 the Shakir Drake Jackson Pats are up 16 nothing on the line You're strong Bills are beating the Steelers 31 to 3 still in the first half Tony Romo To 100 rookie dual patch Otto Kyle Hamilton Thornton Carson Strong Blue to 50 Cordero Patterson Nexton Hill Garrett Wilson Jerry Rucker Kenneth Walker and rookie Otto Tyree on Davis price It's one Dale Robinson David Bell and many Elijah Moore Kenny Pickett rookie Tyquan Thornton rookie red Rondi There's Bailey rookie John Dotson Watson Breeze Hall last pack of box to We'll have one more for Brett Dobbs, that's John Dotson rookie yellow to 150 All right one box to go Here we go Brett. Good luck Ricky Williams Nick man gold legends color match there green to 100 Nice jet color match These four the ages that would be a fun little Be a fun little subset to put together Carson strong Buss Jermaine Johnson Traylon Burks That is Jamar Chase under the lights mini blue. That is five of 20 Nice one there. It was cook Brian Robinson and red to 299 Darren Waller that Mike Dicca one you can carry it off the field. Does that make my Colin Perry? Think so Desmond Ritter To 100 that is a rookie dual Jersey Otto Carson strong. That's when Brett James Williams Isaiah likely Kyle Hamilton rookie silver Tana Metschy All right, let's see something big here. It's a nice color coming Mon Green Jerome Ford Kyron Williams and rookie Devon Lloyd that is gold or orange ice to 25 This that's yellow. Maybe yellow ice Eddie George James Cook over This is orange to 199 Michael Vic Breeze Tyre on Davis price Staxon Hill This is to 125 rookie Otto Skymore. All right, here we go and read There's a rookie Malik will Malik will as cheese Things are so those minis are so hard to handle Kobe Bryant rookie many Devon Lloyd and Malik Willis rookie Legends yellow to 150 Ricky Williams All right, Brett, that'll do it for your break. Thank you for the purchase appreciate it. We'll get these right out to you


Next, I'd like to give an update on the COVID-19 situation in Sheboygan County. The numbers for today show that we have 1,160 active cases overall. That's up 75 from last week. We have 98 active cases. That's down 9 from last week. We have 1,052 cases that have recovered, and that's up 83 from the previous week. And at this time, we have 8 individuals in the hospital, and that's up 2 from last week. And unfortunately, we had one additional death. So we've gone from 9 deaths previously to 10 deaths this week. And overall, we've had 30,042 negative tests, and that's up 1,672 from last week. The Sheboygan County health officials released a safe start recommendation plan to reopen and included strong controls for businesses and residents. And we continue to be in phase two of that plan that says that businesses need to follow the Wisconsin Economic Development Corporation's best practices and sanctions for their specific type of business. The Mead Library and other city buildings have instituted mandatory mask policies to enter the public areas of city buildings, masks are provided if needed. And then recently, Governor Evers declared a public health emergency and signed emergency order number one relating to preventing the spread of COVID-19 and required the wearing of masks in indoor and outdoor public spaces where people congregate. Sheboygan County law enforcement agencies, including the Police Department, will utilize this order as an educational tool as they're asking citizens and visitors of Sheboygan County to voluntarily comply with the order. Remember to wear your mask and slow the spread of the coronavirus in Sheboygan. Join the Mask Up Sheboygan campaign.


Everybody forced here up in a box for edge. Good luck edge is 2023 leaf art of sports solo Whoa, dude check that out one of one One of one on the Renaissance men quad relic Erling Holland Robert Lewandowski cream Benzema and Killian Mbappé Whoa, that's fire. That's crazy. Congrats edge The two-color city jersey up there Yeah, pretty sick-looking One of one Some of the best scores right there All right, appreciate you edge. We'll get that out to you


Welcome back to JSA TV live. We are coming to you from the show floor of the channel partners expo in downtown Las Vegas I'm the strip having a wonderful time here, and we've got another great interview lined up for you We've got Mark Dahlmeyer. He's the president of all points logistics. Thanks so much for stopping by here. Hey, thank you very much for having me Yeah, it's been a fantastic show hasn't it? I've heard from everybody that we've talked to you They're just having such a wonderful time kind of being back amongst the channel family again So what's your experience been like so far this time? Yeah, you know the same right so fantastic speakers fantastic talk tracks incredible transformation stories that Some of the organizations are sharing and some of the leadership teams are sharing so there's a lot to take in Yeah, and you've been in the industry for a long time and have seen events like this And this one just kind of grow and evolve and and you've also seen a lot of shifts in the industry Yeah, absolutely a couple of decades in the industry building companies and running msp's mssp's cyber risk and compliance companies So yeah, very fortunate to be here Well, you're here to talk to us today about the company that you are now with all points logistics Tell us a little bit about what you guys do and who you serve. Yeah, thanks for that All points logistics has been serving our country for over 30 years. So very diversified solution provider So we provide IT engineering services specialized staffing services Technology facility services for Department of Defense for armed forces branches of various branches of the military and various government agencies as well as aerospace and space organizations, so it was great to see Scott Kelly speak right and And he had a wonderful conversation with the audience and very engaging But but but yeah, so one of the things that we're doing is we've commercialized a cyber security monitoring and risk platform Over the last handful of years and we're taking it to the channel So that platform is called Mars suite and we're beginning to introduce it to the channel So security as a service compliance as a service and risk as a service offerings We're beginning to to bring into the marketplace Well, it's such an important offering to bring because Cyber security, it's just going to become more and more important Especially as we go more and more digital and have more connected devices Can you talk just real quickly about what's driving that growth for the company? Yeah, absolutely When you look at regulated industries, whether it's healthcare financial services manufacturing and even the defense industry base That that services are our great country and in the various agencies and armed forces There are a significant number of laws and regulations that are being passed within those industries and a lot of those Organizations now have their revenue at risk because if you do not put the appropriate controls in place and the appropriate Technologies and platforms in place as well as processes and resources You could lose your ability to go out for bit You could lose your ability to win projects and there are some regulated industries Where the customers selling in those or the the company's selling within those industries? For example auto dealers paid a loan organizations mortgage brokers They must adhere to new FTC safeguards rulings or else that they could be fined or they could lose their ability to originate loans So so this is a trillion dollar a year problem that many of these industries are now facing because of these tightening regulations around cyber security and regulatory compliance data privacy laws Thank you, can you give us a little sneak peek then as much as you would like to hear of what are some of the Things that we can look forward to yeah, absolutely as we take the platform And and the security as a service and compliance as a service offerings into the marketplace For MSPs vars integrators distributors and master agents We do have a rebate program and in a very attractive incentive program where we can thereby Help them and their customers to actually fund Their cyber security programs and the purchases of these cyber security technologies Also, we're offering some level of exclusivity within some of these geographies to some of these organizations, so Exclusivity is a very rare word in our industry at this time There are very few organizations that offer exclusivity and through our strategic partnerships. We're actually offering some of those Exclusivity opportunities as well as aggressive rebates and funding opportunities So well a lot coming up, so where can we go to watch? What's developing and just to learn more great question? So all points logistics can be found at all points? LLC comm in terms of the platform that I'm talking about the Mars suite line of business can be found at Mars suite Dot-com very cool, and I have to give a nod to the product name. That's just really fun So great job to the team. Thank you very much Well, thank you so much for stopping by and talking with us here at channel partners And I hope you enjoy the rest of the show and your time here. Thank you so much Yeah, this has been a great show and thank you for hosting these types of sessions and bringing this type of content To the world absolutely. We're happy to do it and thank you so much to our viewers for tuning into JSA TV live Happy networking


Sister either the sister city peace gardens on September 13th That'll take place at the peace park on the corner of the land park the end of Michigan Avenue And that'll take place at four o'clock p.m. We also have come together event on September 14th. This is in conjunction with SCIO in the farmers market This is an event celebrating unity in our community Fountain Park will be Taken over by this event from the band to band shell from 11 a.m. Until 4 o'clock This is the third year for this event. It's a non and non-profit organizations will have booths on site You can enjoy live performances from local musicians and performers on the band shell stage Essling infest is coming up on September 15th From 11 o'clock to 4 o'clock at Three Sheeps tap room This is an event that's put on by the mayor's international committee to draw attention to our sister city from Essling in Germany and as they heard that we were honoring them with this festival They planned their visit to Sheboygan this year so that they could participate and not only are they going to be there But they're going to get together on the Saturday night before and make some of their German specialty menu items and those will be served at at Essling infest So this will be a real treat and we hope everybody gets a chance to enjoy it And then the all public is also welcome to join Glacier Lakes Conservancy in the celebration of the Willow Creek Preserve on Saturday September 28th from 1 o'clock till 3 o'clock The event will include some speeches of ribbon-cutting light refreshments and an opportunity going a short nature hike to explore the property at that point Thank you. The next item is going to be Our 2020 executive budget program Darrell Hoffman will deliver this program Thank You, Mayor Bernstein a few minutes before tonight's meeting the budget in brief as well as the 2020 executive budget Was posted to the city's website. So all the details associated with my presentation are available for your review and consideration as as Members you have received a copy of the budget brief And again, if you have any questions, please feel free to contact me Marty Haverson director of finance or key members of our management team who are Substantially present here tonight Including Eric who's probably hiding behind me if the camera's on Tonight I have a series of slides and I will go through some of the key elements associated with This budget one thing to mention is that this is the first year that the city has used a budgeting software module This directly utilizes information from our enterprise resource planning software munis Because this is a beta version We probably have some tweaks that will continue to be made Prior to you as common counsel taking action on the budget Typically at your first Monday meeting in November With that I like to kick off my slides Any budget For the city really begins with our mission and vision statement. So I put together that for for your reading Next is the vision statement Both the mission and vision statement were critical as the city considered back in 2017 its strategic plan included in the strategic plan our six focus areas of which again we attempt to build on and Implement through our budgeting effort in addition to our strategic plan our reality sets in as far as dealing with state mandates the two key mandates our Tax levy limits as well as expenditure restraint program The budget that's being presented to you does keep Intact several local or common counsel based Guidelines and that includes an equalized tax rate at CPI or lower Also, another guideline is to have a minimum general fund fund balance of 25% Of the city's a proposed levy Again, this budget conforms with state law The city has restrictions on How much the city can raise it's typically based upon the new tax base? As well as a limited consumer price index for the upcoming year We had only three million of additional tax base to work with all the other Construction in the community was located within a TIF district. So for health insurance wages utility increases all that Was working from only a three million dollar tax base Also as as you know the city has Imposed or increased our debt service and Again every year going forward, of course, we need to pay back the bondholders the 2020 budget tax levy Overall for operational and debt services 1.38 For the city's expenditure restraint program again, this is a state mandate If the city wants to participate in this reward program the Wisconsin Department of Revenue allows the city to increase its general fund Operations which again is where most of the city's salaries are located This year. It's a point six percent of the city's tax base, which is our net construction plus a 60% of our net construction And then we get to add 1.8, which is our estimate for CPI or consumer price index This amount will not be known until probably the last week of October But prior to you considering and possibly taking action on the budget so Overall a two percent if you add those percentages together a two percent increase is allowed in order to remain eligible for the expenditure restraint program a year ago at this time. We were looking at two point six Point six tenths is a lot when you're think considering developing a budget the reward the city received this past year 744 thousand dollars. So again, it's critical for the city to maintain its eligibility for this program Equalized tax rate again. This is a local Decision by the Common Council with a consumer price index being yet again estimated at 1.8 The executive budget recommends an equalized tax rate decrease of 1.55 percent The 1.8 percent as it compares to prior years a year ago We were looking at two point four prior 2017 is to And in 2016 was actually just three tenths of a percent. So 1.8 is Roughly average of what we've seen over the last five years As I mentioned the recommended equalized tax rate is a decrease of 1.55 That is 14 cents per thousand less equalized tax rates takes in consideration of Properties appreciating or depreciating this past year the average property in the city of Sheboygan Appreciated at roughly three percent If you were to consider a Property that has not changed in value from last year to this year. No building permits and no additions No new construction associated with it. So looking at what people wrote their checkout for from one year to another for property taxes that tax rate would be Would be 15 cent increase so Approximately a hundred and five thousand dollars is the value of a typical Residential property in the city of Sheboygan. So that means a fifteen dollar increase in taxes for city purposes Next slide this shows again that tax rate increase and the change over the last five years as I mentioned a 15 cent increase From the again these numbers are off a year purposely So in 2019 the tax rate is approved for funding the 2020 budget year So everything is off by roughly a year a Year ago at this time. We were considering a 17 cent increase the prior year 19 cents for comparison purposes Next is fund balance Again a guideline approved by the Common Councils to maintain a fund balance at Minimum of 15% of the general fund This is to create a financial financially responsible safety net for unanticipated expenses This is a key consideration by Moody's credit service in their annual review as the city issues debt The 2020 but executive budget fund balance is approximately 44 percent So we substantially exceed that minimum 25 percent At the end of this year, it's expected that we will go as high as 50 percent But again, I'll discuss a little bit later the need to use some of that fund balance To in essence balance the 2020 recommended budget Next is a chart showing that minimum 25 percent fund balance as a goal or guideline and then showing the actual fund balance So the blue is in the front, which is the target and the gray in the back is our actual so you see that again We substantially exceed Again for 2020 executive budget 44% is what is estimated to be end of 2020 after all the purchases and revenues are received Next is the city's budget facts. This is really a one page synopsis Of what's going on as part of the 2020 budget in your budget brief packet on page 14 Again, I know this is kind of hard to read with a small font, but on page 14 is that summary city of Sheboygan Overall the recommended plan is a hundred and three million dollars worth of expenditures for 2020 This is a composite of 95 individual budgets So the city's accounting process our activities are very are varied and and ultimately complex in that it makes up Ultimately 95 individual funds It's probably easiest to describe the change and again the change being the amount of increase or decrease in a budget or The levy associated with it to fund the operations You can see it under the change column that the levy required for the general fund the recommendation is to increase roughly 173,000 The levy required additional levy required in the special revenue fund category is roughly 24,000 This specific dollar amount is going toward the library to help To help them additionally under debt fund expenses the additional levy That's being recommended is approximately a hundred twenty thousand dollars capital improvement fund expenses no change in the funding level as it pertains to levy Property tax levy fiduciary fund expenses zero is assigned to this account and then last is proprietary fund expenses under this category only transit receives property taxes compared to the other funds located within this account and A very slim additional amount of little over five thousand dollars is support is my recommendation for their operations So all in all again a hundred and three million dollars Recommended for expenses The approved budget for 2019 was a hundred twenty three million and change so a Twenty million dollar decrease roughly a seventeen percent drop The next is a stacked bar chart Which shows which again which categories of our activities or funds received of funding support? You can see really not a lot of changes From one year to another the red bar which represents general fund again, which is our operation fund is increasing slightly over that time The rest of the funds again are receiving Limited increases over the five-year period of time. So red is general greenest special revenue pink is debt bluest capital and orange is transit for the tax levy itself Overall roughly three hundred twenty two thousand dollar increase Approximately a hundred seventy five thousand is coming from existing property taxpayers Only twenty seven thousand is coming from new construction. So again with that roughly three million dollars of assessed valuation Limited coming from new construction as you know during calendar year 2018 the city had a lot of construction But most of that construction was within a TIF district not eligible for funding our general operations and For existing properties specifically assigned to additional debt service roughly a hundred and twenty thousand dollars again overall Three hundred twenty two thousand a year ago at this time the levy increased by four hundred forty six and in 2018 One point two million dollars So again a lot of development was occurring outside TIF districts in calendar year 2017 to support the 2018 budget personal changes for 2020 an additional full-time grant coordinator in city development, which will be substantially supported by non Property tax dollars a lot of our special funds will Underwrite the cost of that position and Another position that will not be property tax payer supported Is a distribution technician this full-time position is supported by the water utility Some reductions one full-time equivalent network administrator originally this position was planned to be filled July 1st 2019 and Two and a half position reduction in public works maintenance worker level two positions last is I want to Identify again, we have a major change in service And and where that service is Funded as you know, we discussed approximately five six months ago the movement as far as a base funding from the general fund to its own To its own proprietary fund and that is the planned recycling changes going to a cart system for in 2020 so two positions have been transferred out of the general fund to this new proprietary fund, which is Logically identified as the recycling fund overall public works in 2020. We'll see it two and a half position reduction 2020 general fund revenues Pie chart probably is the best way to describe the major activities within the general fund revenues blue and Purple are the number one and number two Roughly 43% is property taxes and blue and purple. It's Approximately 38 in her governmental revenues between the two These two categories represent 81% of our revenues bringing in funds Again to fund our operations The next table again gives you a comparison of 2019 to 2020 request What's interesting is if you look at the percentages as far as pieces of the pie there really is not any any material changes From one year to another as far as major revenue sources some of the changes that are Part of the recommended budget on the next slide is again the property tax increase in the general fund 173,000 the recycling grant is actually dropping in this fund because we're Reallocating a portion of the recycling plant into that new recycling fund, which is a proprietary fund The applied fund balance. I'm recommending a three hundred fifty four thousand dollar increase over what you approved a year ago Interfund transfers 140,000 and change coming from municipal court and I'm recommending an increase in transferred funds from the tourism fund My goal is that ten percent of the room tax received Ten percent of that those funds should be transferred to help the general fund operations and this budget incorporates that concept Next is a pie chart Again red and green are the largest two pieces of the pie red being public service our public safety at 57% and public works at 24 so between the two almost 80% of our budgets our general fund expenses are associated with these two large service categories on The next slide if you compare 2019 to 2020 again You'll see not a significant change as far as how the the pie is allocated as far as more major categories of the of the changes in the 2020 budget in 2020 of course we have planned elections including a presidential so we're going from two elections to four Transfer of again as I mentioned transfer recycling to a new fund this By comparison purposes reduces the general fund by roughly 319,000 and then property tax refunds We have a couple claims by some of our big box commercial developments And I wanted to plan for the possibility of a refund and so I recommended an additional 65,000. I think 15,000 is currently In in the 2019 budget Next are some of the other specialty funds special revenue funds and again we have a series of these Roughly 16 individual funds within the special revenue park forestry and open space is one of those The goal is to build or construct evergreen park bridge This is funds received from the national resource damage assessment. We think we'll receive roughly at 205,000 dollars. This activity is associated with the Schwoigen River cleanup and Again damage assessment the city anticipates receiving next is a brand new fund neighborhood revitalization fund this is as a result of fairly new state legislation which allows communities to To hold open for one additional year beyond the normal sort of termination date of a TIF district a tax incremental district by the city holding open TIF district number 11 for one additional year and transferring that excess increment Into this new neighborhood revitalization fund the city will have additional $712,000 of funds to use the requirement by the state legislature is that it should be used for residential or neighborhood revitalization in the 2020 budget Roughly 420,000 of that 712 is identified as potential uses upper floor rental rehab Residential facade grant public improvements such as sidewalks and crosswalks and then overall administration of those programs Are proposed for 2020 next park impact fee fund again? This is for those alders that have been here several years There is a $447 per residential unit a fee that was Imposed I think in 2017 or maybe late 16 This this fund continues to grow with the activity Expected yet in 2019 in the and the additional projects that have been already publicly discussed with an construction Anticipated to commence in 2020 we expect to be close to a quarter million dollars worth of revenue in a fund balance to gain use for part projects so 219 in 2019 293 residential units are expected to pay into this fund and in 2020 275 additional units so a lot of activities occurring in our community uses for the projects 25,000 for additional ADA related walkways in our parks and then $25,000 associated with a new playground in Moose Park Another major source of cities tax revenue Is is funding and supporting the Mead Public Library? The recommendation is to increase our funding levels to approximately 24,000 This represents a slight decrease of additional levy That was added to their funds in 2019 budget where 63,000 additional dollars Were recommended and approved again. I'm recommending an additional 24,000 above and beyond that for 2020 budget tourism fund with the pay payment full payment or payoff of the Blue Harbor Conference Center debt all the room taxes now is available to share with Visit Sheboygan comm With some new hotels that are coming online we expect the room tax amount to grow So 1.4 is the amount we expect to receive in 2019 and up to 1.7 of additional room tax dollars in 2020 city gets retained 30% of that And we so we expect our share to increase by almost 300,000 dollars Uses of that tourism fund as I mentioned previously transfer to the general fund in additional 170 roughly 175,000 which is roughly 10% of the room tax Estimated to be received and then transfer to debt service to help with our debt service payments 320 almost $330,000 The next special revenue fund is Harbor Center Marina the recommendation is to Transfer and additional an additional 225,000 dollars in calendar year 2020 to help Reduce the debt that is in the Harbor Center Marina to give you a sense as far as I Guess the success we've had in transferring money and trying to reduce the debt in 2016 there was 6.8 million dollars a debt still on our books and By the end of 2020 we hope to be under five million So we're slowly making progress and this was one of the items mentioned by our auditors as far as a large amount of debt Still outstanding for that fund, but again, it's not going to be erased overnight and as long as we're making progress I hope you The community and the auditors will feel we're making substantial progress Next category is debt service fund Again to give you a sense as far as the amount of taxes needed to support our tax levy I thought it was helpful to identify of our tax rate What per thousand is being used for our tax service? Our debt service from taxes dollar 30 is the equivalent debt service that's being allocated to the debt service fund This is similar to 2019 and 2018 Tax rate and again, this is equalized In 2020 the recommendation is to issue 3.6 million of non-tid related debt If you add tid related debt is approximately 3 million additional or Overall 6.5 million dollars This is substantially less than the amount of debt issued in 2019. It was over 10 million debt service as far as Net debt outstanding you see from 2017 to 2020. It's increasing by roughly 15 million But when you look at our ratio of net debt capacity, it's going from roughly 21 to 29 percent Most our debt schedule is fairly aggressive with almost all of our debt being paid off in the first 10 years of creating a debt schedule Next I like to discuss capital projects Superior Avenue 2 million dollars. So this is North 29th to Taylor Boots and Sports Complex again 590,000 this this funding source originally came from tourism fund or room tax money Union Avenue 500,000 Georgia Avenue to Taylor. This is associated with upgrades to the Approximate area where the hospital a rural hospital be constructed. So just east of Taylor to Georgia Avenue Geely Avenue from Calumet Drive to North 23rd 700,000 and last is a 750,000 dollar new roof at Shoreline Transit of which we expect half will be funded by the federal government Next identify some additional larger capital projects fire station number two improvements 318,000 and last is 195,000 for HVAC and security related Entry systems at our police station Tax incremental district which are typically projects to leverage new developments by the private sector We're to shore up some of these areas that are in need of revitalization And tip 14 in addition $50,000 is identified for branding or wayfinding signage. This is primarily in our downtown area Badger states Badger state loft redevelopment project on the former tannery This roughly three and a half million is our estimates for improving Illinois, Maryland and South 11th Street To 17 and this is the part of the innovation district along Indiana Avenue With the expectation that there will be an innovation hub or fresh tech hub Roughly 300,000 to construct a parking surface parking lot. Also in that general vicinity is to purchase former railroad Union Pacific Railroad right away referred to a shoreline for a hundred And roughly 1.3 is the estimated purchase price on Niagara East of 14th Street. So this is adjacent to the future LTC Class classroom site half a million dollars to make that promise. This is again between the former boat doctors and bitter Newman Internal service funds note changes in workers compensation liability insurance health insurance fund Recommendation is for a 5% increase for health as well as a 5% increase in dental insurance and the elimination of HSA contributions at a savings of 229,000 wastewater utility fund $750,000 for additional reconstruction relining of San Jersey sewers So as the city continues to work on reconstructing streets specifically surface pavement We of course want to be disciplined in not making those that additional investment without checking what's underneath the pavement So we we look at the water sewer lines there and the expectations will have roughly $750,000 of in essence companion-related infrastructure projects to our street projects other improvements at the treatment plant are rebuilding a Floating digester cover as well as a digester heat exchanger Both projects for $450,000 or $150,000 in the parking and transit fund area. No material changes in service But there is an additional $70,000 parking utility street sweeper Both facility fund no major change no material change Well, my last slides is about our proposed recycling utility fund The recommendation is in January of 2020 to start the monthly charges The budget identifies a $4 per month charge In the months of April through May in 2020 Both the trucks will we will receive the trucks as well as we will begin receiving the carts both recycling and and recycling service pick up May of 2020 the goal is to start up that month one thing that is new for 2020 is our Garbage and recycling processor has identified a a first-time charge to process our recycling Currently we we get a zero per ton charge What's been identified in public works committee will be discussing this soon is a $90 per ton charge This is more on a per ton basis than what we're charged for disposal of our garbage This adds up to three hundred sixty three thousand dollars as I mentioned This is a new charge and the last is the initial a lease rate of our recycling carts Roughly 31,000 beginning in 2021 This initial lease will go up to roughly 83,000 per year for a total of ten years lease for our carts That really is a summary of the details associated with the 2020 budget again this the Budget as well as the budget brief have been Posted on the city's website hard copies are available at city hall hard copy will be available at the public library And again, I really want to thank all the management team and their support staff Marty Harvison being a fairly new to our staff as a director of finance. This was his first full-fledged budget So a little bit of baptism baptism by fire for him carry Aaron's Put a lot of work into this as well as I mentioned This is the first year the city's been able to use our accounting payroll Software to generate information Exported into a spreadsheet where in the past the city works solely off of a spreadsheet And then tried to make it fit into our accounting system after it was approved So with our new Our new process we're able to make one change in one fund and instantly be able to see how it ultimately Floats to the top and affects our overall budget summary. So definitely in advance for for our Organization and will substantially improve the process in 2021 So again, I appreciate your time this evening. Thank you General thank you very much for that presentation Thank you to you the finance department and all the other department heads who worked hard on the budget to fit into this year's program Next we'll move on to the consent agenda This will include items three point two through three point seven all the person wolf Thank You mayor. I make a motion to receive and file all our O's receive all our C's and adopt all resolutions and ordinances Thank you for that motion in support. Is there any discussion on any of the items in the consent agenda? Seeing none with a clerk, please call the roll all the person will Sorry all the person acly ten eyes motion passes Under reports of officers item four point one will lay over Items four point two through four point five will be referred to various committees and the resolutions Item five point one is resolution number 74 of 1920 by all the person's wolf in Donahue Authorizing retaining outside legal counsel to represent the city in the matter of Walmart stores ink versus the city of Sheboygan Authorized payment for said services all the person wolf. Thank you mayor. I make a motion to suspend and adopt resolution Is there any objection to suspension? Seeing none Please proceed Just a motion to adopt I move to adopt In a second Thank you very much that motion is before us. Is there any further discussion all the person Sorenson Thank You mr. Mayor. I guess all Mike. I don't know who my questions directed towards either you or Daryl I didn't see an IFC attached to this document in board ox But if if you just kind of want to explain the cost and the timeline and the impact that this is going to have on the city I know that this is regarding one of those dark star Issues that the city's been facing but if you just want to speak more on that That'd be helpful. I can specifically address The claim that has been filed on behalf of Walmart stores city attorney Adams can probably discuss a little bit in more detail Outside legal counsel Potential cost and time associated with that Walmart stores has made a request or a claim against the city asking that Undo assessment of property has occurred The currently the Walmart property on the city south side is assessed at approximately 13 million dollars Their request is for this property to value to be dropped to a little over six million dollars This is the I think third consecutive year a claim has been made by Walmart Thank you for those comments all the person born Go ahead. Thank you mayor. I see in the documents that I read for the council meeting That's this is going to this is going to be combined with the previous lawsuit. I can't I can't remember us discussing Attorney Adams, do you have an idea of how much it's cost us to defend the lawsuits currently in progress and Did we place any cap on what we're going to spend on these and maybe would it be wise to do so? There's no cap. We've spent nothing so far because we haven't been billed one penny That we're She's done a lot of work for us as far as what it will likely cost us By combining all three lawsuits it really does Reduce the margin that that gets added by the third year I don't expect a significant additional amount of costs based on the third year The primary cost will less be for the attorney's fees. We'll probably be more Getting our experts to just simply add a little extra work for the third year in their reports Thank you all the person Donahue Thank You mayor Just as an initial matter So I remember the surprise and attorney fees with associated with Blue Harbor when we did not get regular billings and I might suggest that that's something that we We probably don't want to be surprised about and I'm thinking that attorney Seibel would be willing to do interim billing for us Even if payment is not expected to at least give us a sense of what we're looking at Having her involved in all three of these cases I think is a large advantage to us if this kind of thing keeps going forward. I I know that attorney Adams and attorney Cameron are gaining Extensive experience with what's involved in defending these things. I just wanted to say that I certainly appreciated Representative Katzman for a Poggle at our opening ceremony today But it continues to trouble me and I guess I I just can't understand why our legislature Refuses to move this ball forward in terms of closing the dark store loophole The vote that we had in the city of Sheboygan and mayor you can correct me It was at least 80% in an advisory referendum to close the dark store loophole I think that is the sentiment throughout the state as Local taxpayers are required to pick up these you know fairly hefty adjustments and and our city administrator gave us a sense of What that might be in the coming year So again, I'm just going to publicly express my disappointment Just kind of a calm way of putting it Disapproval might be a little stronger And just suggest that we somehow let our legislators know over and over again just how Unjust this is to local taxpayers. So that's my my pipes didn't work But you know now I get to blow a little bit more. So thank you Thank you for those comments older person Sarnson. Did you have another question? Yeah, two follow-ups. Thanks to all the person don't you I'm not gonna make a motion, but just a recommendation But that we just CC or send Any action on this to our state representatives just so that they're aware of the impact that the Ongoing impact that this is having on the city and the tax fairs of the city as well So just a point taken a friendly recommendation Seeing other other lights asked the clerk to call the roll ten ice motion passes Items 5.2 through 5.8 will be referred to various committees Under reports of committees item 6.1 is our scene number 117 of 1920 by the finance and personnel committee To whom was referred resolution number 68 of 1920 by all their persons not a human born Proving an amendment to the project plan with the tax incremental district number 12 in the city of Sheboygan and recommends adopting the Resolution and all their person down to you There we go. I Move to receive the report of the committee and adopt the resolution Is there a second Thank you very much that motion is before us for discussion Seeing none Will the clerk please call the roll ten ice Motion passes Item 6.2 is our scene number 118 of 1920 by the finance and personnel committee to was referred resolution number 69 of 1920 by all the persons down to you and born Approving the amendment to the project plan of tax incremental district number 13 city of Sheboygan, Wisconsin recommends adopting the resolution All the person down to you. I moved to receive the report of the committee and adopt the resolution second Thank you for that motion in support that documents before us for discussion Seeing no discussion with a clerk, please call the roll ten ice motion passes Item 6.3 is our scene number 119 of 1920 The public works committee to whom is referred resolution number 71 of 1920 by the elder by all their persons Wolf and sorenson authorizing the appropriate city officials to keep take necessary action to obtain Property located at 34 27 Union Avenue and recommends adopting the resolution older person wolf Thank You Mary make a motion to receive the report of committee and adopt the resolution Thank you for that motion in support. Is there any discussion on the motion all the person born? Thank You mayor I was going to ask the city attorney on this one What the process is I believe this must be the property that's on the north end of the Acuity a lot across the street from the new Aurora lot So this would be if I understand this correctly attorney Adams. This would be an eminent domain In getting this property Can you kind of go over the steps and what's determined as the fair market value for this property? Well, I'd start by saying that it doesn't have to be eminent domain So the first thing we'll be doing is continuing negotiations in hopes of not having to exercise eminent domain however, should it get to that point the process would involve getting a An appraisal That's done in a particular way. We'd have to hire a neutral appraisal to do that and We would come back to the council and You approved of that we would make an offer to based on that appraisal to the property owner They can take it or they can not take it But if they don't take it we can then proceed to basically condemn the property and take it further for that cost As the process continues though We always have the opportunity to continue to negotiate and in this case because we do have multiple parties involved. I suspect that We'll be working pretty hard at that negotiation piece in hopes of avoiding Having to condemn the property, but which we'll do if we have to if I could just follow up mayor I've been I've been following some of the property acquisitions down in the Foxconn project down in that area and Some of those some of those final sediments on some of those property while coming out very well Very very well for the property owners in most cases gets to be very very expensive and Almost unreasonable of what some of these property owners are getting for their property Could we anticipate something like this happening on that property? Well the way the statute works is that it is supposed to be based on an actual market value Obviously, there's there can be argument about what the actual market value is My understanding is with Foxconn. There are other political factors at play Which have tended to cause that that cost to increase I wouldn't expect that we're going to be paying multiple times The assessed value of a property. That's not the way the law works. Thank you Thank you for those comments Alderperson Mitchell Thank you, mr. Mayor. I will be taking an abstention on this resolution due to the fact that I'm currently employed at acuity Thank you for noting that Any other discussion See none with a clerk, please call the roll nine eyes one abstain motion passes Item 6.4 is our scene number 120 of 1920 by the Licensing hearings and Public Safety Committee to which referred resolution number 73 of 1920 by Alderperson Sorenson and Mitchell Recending resolution number 41 dash o3 dash o4 and recommends adopting their resolution Alderperson Sorenson Thank You. Mr. Mayor. I move to receive the report of the committee and adopt the resolution Second. Thank for that motion and support. Is there any discussion on the motion? Seeing none with a clerk, please call the roll Ten eyes motion passes under judge general ordinances items 7.1 and 7.2 We've read to refer to the Public Works Committee in the next move on to other matters authorized by a loss Call on city attorney Charles Adams 8.1 is an arrow by the city clerk submitting various license applications for the period ending June 30 2020 and June 30 2021 That'll be referred to the Licensing hearings and Public Safety Committee And then we'll go on to Motion to adjourn Alderperson Wolfe. Thank You. Mayor. I make a motion to adjourn Thank you for that motion and support all those in favor of adjournment. Please signify by saying aye. I Motion passes. We stand adjourned. Thank you for your time tonight