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HomeMy WebLinkAbout2006-04-28 Finance Committee Minutes Finance Committee Meeting April 28, 2006 The meeting was convened at 7:15p.m. in the RMHS Auditorium, 82 Oakland Road Lowell, Reading, Massachusetts. Present were Chairman Chuck Robinson, FINCOM members Paul Bolger, David Greenfield, George Hines and Hal Torman, as well as Ted McIntire (DPW Director), John Sousa (DPW Business Administrator) and Bob LeLacheur (Assistant Town Manager/Finance Director). FINCOM member Ron Powell joined the meeting at 7:25pm. Ted McIntire presented revisions to the sewer budget, including a change in the MWRA charge and the use of $600,000 in sewer reserves. On a motion by Bolger, seconded by Greenfield, FINCOM Article 15, lines M1 through M4) was not approved by a vote of 4-0-1. George Hines asked for one more explanation of the two revisions, and when the MWRA budget becomes final. Ted McIntire explained that the MWRA budget is finalized in the last week of June. Thus delaying this request until a mid-June special Town Meeting on Water Sources would not be helpful. On a motion to reconsider by Hines, seconded by Bolger, FINCOM voted 6-0-0. On a motion by Bolger, seconded by Torman, FINCOM Article 15, lines M1 through M4) was approved by a vote of 6-0-0. On a motion by Hines, seconded by Bolger, FINCOM voted to adjourn at 7:30pm by a vote of 6-0-0. Respectfully submitted, Secretary