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HomeMy WebLinkAbout1994-10-18 Finance Committee Minutes - Executive Session OCT 16 10 25 Finance Committee Meeting October 18, 1994 Executive Session The meeting convened at Executive Session at approximately 9:00 p.m. Present were Chairman Richard Coco, Vice Chairman Fred VanMagness, FinCom members Carol Grimm,Nate White, Steve Blewitt, Jim Riegley, Gerry Vitale, Town Manager Peter Hechenbleikner, Secretary Lisa Zanni and Fre Chief Don Wood. Chief Wood reviewed the history of the fact finding process in the contract, and the total cost of that contract as outlined in his memo of October 12, 1994 to the Town Manager. The total cost of this settlement is $146,082, a portion of which has been previously budgeted. The net difference between funds budgeted and funds required for fire salaries is $79,873. On motion by VanMagness seconded by Grimm, the Finance Committee voted to adjourn the Executive Session at approximately 9:50 p.m. On a roll call vote, all seven members present voted in the affirmative and the motion was carried. Respectfully submitted, f ` i Secretary