HomeMy WebLinkAbout1995-03-20 Finance Committee Minutes R ;'r_J
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Finance Committee Meeting
APR 13 11 Iy f, -11, 1995
The Finance Committee met at 7 : 00 p.m. in the Cafeteria at
RMLD. Present were Chairman Richard Coco, Vice Chairman Fred
VanMagness, FinCom members Gerry MacDonald, Jim Keigley, Nate
White, Carol Grimm, Jerry Vitale, Steve Blewitt, Town Manager
Peter Hechenbleikner and Secretary Maureen Vierra. Also
present were Dennis Richards, Tom Stohlman, John Arena, Randy
Gonchar, Matt Cummings, Susan Cavicchi , George Shannon, and
Robin D-Antona.
From 7 :00p.m. to 7:30 p.m. the School Department answered
questions asked by the Finance Committee in regard to Item
K25 (School Information Technology) . Questions included the
type of computer systems being considered ( 286 vs 486) ,
leasing options and what percentage of money allocated to
Item K25 will be spent on technology at the library. Because
of previous commitments the Finance Committee invited the
School Department to return later in the evening to resume
reviewing Item K25 .
The Finance Committee joined the Reading Municipal Light
Board, the Board of Selectmen. the 25 Haven Street Task
Force, Citizens Advisory Board, Board of Assessors, Town
Manager Peter Hechenbleikner and several Reading residents.
Present were Ken Magurire, Richard Murch, Vinnie Cameron,
John Holland, Leonard Rucker, David Swyter, Bill Hughes,
Allan Ames, Philip Pacino, James Blomly, Dan Ensminger, Sally
Hoyt, William Burditt, Camille Anthony, George Hines, Roger
Leonard, John Thomas, Ken Mastralb, John Lippitt, Bill Brun,
Hartnell Bartlett, Mary Ziegler, and Bill Murphy joined the
Finance Committee.
The Task Force presented a slide show informing all in
attendance the status of the sale of 25 Haven Street.
Ultimately they are looking for support in amending Article
17 and a favorable vote for Article 17. The floor was opened
for questions and the committees broke into their respective
groups to discuss and vote their recommendation for Article
17.
On a motion by VanMagness seconded by Keigley the Finance
Committee voted to allow change to the language of Article 17
so the Task Force could consider bids that were at least 80%
of the current appraised value of $450,000.00 and the
property to be sold for no less than 80% of the appraised
value. This motion passed with a vote of 5/3/1 .
( On a motion by MacDonald seconded by Murphy the Finance
``/, Department voted to reconsider Article 17 by a vote of 6/2/1 .
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On a motion by Grimm seconded by Murphy the Finance Committee
voted to Amend Article 17 by allowing a change to the
language of Article 17, approving the Task Force to consider
bids and sell the property at 80% of the current appraised
value if the property is marketed to Commercial Real- Estate
brokers as part of the selling plan. This motion passed by a
vote of 6/3/0. This is now the main motion. The Finance
Committee voted to recommend the main motion by a vote of
8/1/0.
The Finance Committee returned to the Cafeteria and resumed
the Finance Committee meeting. Also present were Dennis
Richards, Tom Stohlman, John Arena, Randy Gonchar, Matt
Cummings, Susan Cavicchi, George Shannon, Robin D-Antona and
Lieutenant Silva. FinCom member Bill Murphy did not attend.
Lieutenant Silva provided an update on the scheduled
replacement of marked police cars.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to recommend Item K25 in the amount of
$50,000.00 by a vote of 4/4/0. This motion did not pass.
On a motion by Blewitt seconded by Grimm the Finance
Committee voted to amend Item K25 increasing it by $50,000.00
to the amount of $100,000.00 by a vote of 4/4/0. This motion
did not pass.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to reconsider Item K25 by a vote of 7/1/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to table Item K25 until later in the evening
by a vote of 8/0/0.
On a motion by VanMagness seconded by White the Finance
Committee voted to recommend Item K2 in the amount of
$27,500.00 by a vote of 5/3/0.
On a motion by Blewitt seconded by MacDonald the Finance
Committee voted to recommend Item K3 in the amount of
$2,000.00 by a vote of 2/6/0. This motion did not pass.
On a motion by VanMagness seconded by White the Finance
Committee voted to recommend Item K4 in the amount of
$92,000.00 by a vote of 7/0/1 .
On a motion by Blewitt seconded by MacDonald the Finance
Committee voted to recommend Item K5 in the amount of
$40,000.00 by a vote of 8/0/0.
On a motion by White seconded by VanMagness the Finance
Committee voted to recommend Item K6 in the amount of
$20,000.00 by a vote of 4/4/0. This motion did not pass.
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On a motion by VanMagness seconded by Grimm the Finance
Committee voted to recommend Item K7 in the amount of
$20,000.00 by a vote of 6/2/0.
On a motion by VanMagness seconded by Keigley theFinance
Committee voted to recommend Item K8 in the amount $35, 300.00
by a vote of 5/3/0.
On a motion by Keigley seconded by Vitale the Finance
Committee voted to recommend Item K9 in the amount of
$20,000.00 by a vote of 5/3/0.
On a motion by Blewitt seconded by Keigley the Finance
Committee voted to recommend Item K10 in the amount of
$10,000.00 by a vote of 3/5/0. This motion did not pass.
On a motion by VanMagness seconded by Grimm the Finance
Committee voted to recommend Item K11 in the amount of
$15,300.00 by a vote of 6/2/0.
On a motion by VanMagness seconded by Keigley the Finance
Committee voted to recommend Item K13 in the amount of
$161 ,000.00 by a vote of 8/0/0.
On a motion by VanMagness seconded by Grimm the Finance
v Committee voted to recommend Item K14 in the amount of
$10,000.00 by a vote of 7/1/0.
On a motion by VanMagness seconded by Blewitt the Finance
Committee voted to recommend Item K15 in the amount of
$26,800.00 by a vote of 6/2/0.
On a motion by VanMagness seconded by Keigley the Finance
Committee voted to recommend Item K16 in the amount of
$25,000.00 by a vote of 6/2/0.
On a motion by Grimm seconded by Keigley the Finance
Committee voted to reconsider Item K19 by a vote of 5/3/0.
This motion did not pass.
A motion was made by VanMagness seconded by MacDonald to
approve Item K25 in the amount of $50,000.00.
On a motion by White seconded by Blewitt the Finance
Committee voted to amend Item K25 increasing it by $50,000.00
to the amount of $100,000.00. This motion was approved by a
vote of 7/1/0.
The Finance Committee voted to recommend Item K25 in the
amount of $100,000.00 by a vote of 7/1/0.
On a motion by VanMagness seconded by Keigley the Finance
Committee voted to recommend Item H14 in the amount of
$1,091 ,000.00 by a vote of 8/0/0.
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�+ On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to reconsider Item N4 by a vote of 8/0/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to recommend Item N4 in the amount of
$32,779.00 by a vote of 8/0/0.
On a motion by VanMagness seconded MacDonald by the Finance
Committee voted to adjourn at 10:40 p.m. by a vote of 8/0/0.
The next scheduled meeting of the Finance Committee on March
22, 1995 at 7:00 p.m. in the Selectmen' s Meeting Room at Town
Hall.
Respectfully submit ed,
Maureen Vierra
Secretary