2000-07-10 School Committee Minutes Financial Forum

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READING SCHOOL COMMITTEE READING, MASSACHUSETTS FINANCIAL FORUM JULY 10, 2000 CALL TO ORDER At 7:10 p.m. Chair Cavicchi called the meeting to order. Present were School Committee Members Cavicchi, Dahl, Griset and Keigley. Mr. Twomey arrived at 7:55 p.m. Finance Committee Members Grimm, McDonald, Grimmer, Robinson, LeLacheur and Grimes were present. Members Francis and Cohen arrived during executive session. Also present was Superintendent Harutunian. EXECUTIVE SESSION At 7:10_p.m. Mr. Dahl made a motion to enter into executive session for the purpose of conducting strategy trategy sessions in preparation for negotiations with the Superintendent, Custodians and Maintenance Workers and to discuss pending litigation. To return to re u lar session at 7:30 p.m. Mr. Griset seconded the motion. The vote was 4 -0 Ms. Cavicchi, Mr. Dahl, Mr. Griset and Mr. Keigley. At 7:12 p.m. Ms. Grimm made a motion to enter into executive session for the purpose of discussing_ pending litigation, to return to regular session at 7:30 p.m. Mr. Robinson seconded the motion. The vote was 6 -0 Ms. Grimm, Mr. McDonald, Ms. Grimmer, Mr. Robinson, Mr. LeLacheur and Mr. Grimes. CALL BACK TO ORDER The Board of Selectmen called to order at 7:30 p.m.. Present were Selectmen Cummings, Hines, Hoyt and Nestor. Also present were Town Manager Hechenbleikner, Treasurer Beth Klepeis, Town Accountant Richard Foley Library Board of Trustees Mr. Conner and Ms. Indelicato and Acting Library Director Diane Young. At 7:43 p.m. Chair Grimm called the Financial Forum Meeting back to order. At 7:55 p.m. Ms. Cavicchi called the School Committee back to order. REVENUE UPDATE Richard Foley updated the forum on revenues and free cash. Beth Klepeis updated the committee on sale of real estate funds.