HomeMy WebLinkAbout1995-03-22 Finance Committee Minutes Finance Committee Meeting
March 22, 1995
The Finance Committee met at 7:00 p.m. in the Selectmen 's
Meeting Room at Town Hall . 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 Dierdra Hanley,
Elia Marnik and Dianne Young.
Approval of Minutes
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to approve the minutes of March 13, 1995 as
amended by a vote of 8/0/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to approve the minutes of March 15 , 1995 as
amended by a vote of 7/0/1 .
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to approve the minutes of the Executive
Session of March 15 , 1995 as amended by a vote of 7/0/1 .
Fred VanMagness announced his decision to resign from the
4 Finance Committee effective June 30, 1995.
Dick Coco will not be seeking re-appointment to the Finance
Committee. His term will expire in June 1995 .
The library presented their plan for purchase of Library
computers requested on Item K3.
On a motion by White seconded by MacDonald the Finance
Committee voted to reconsider Item K3 by a vote of 8/0/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to recommend Item K3 in the amount of
$37,000.00 by a vote of 7/1/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to reconsider Article 9 by a vote of 7/0/1 .
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to recommend Article 9 in the amount of
$20,000.00 by a vote of 7/0/1 . This Article was previously
voted to be recommended in the amount of $45,000.00.
On a motion by Keigley seconded by Grimm the Finance
Committee voted to amend Article 9 increasing it by $5,000 . 00
to the amount of $25 .000.00 by a vote of 1/6/1 . This motion
( did not pass.
2
On a motion by VanMagness seconded by Keigley the Finance
Committee voted to approve the subject matter of Article 5
allowing the transfer of funds from Items E6 through L4 to
offset the balance for Items B2 through L5 in the amount of
$163,670.00 by a vote of 8/0/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to support the subject matter of Article 11
in the amount of $1 .00 by a vote of 8/0/0.
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to approve the subject matter of Article 12
by a vote of 8/0/0.
On a motion by White seconded by Grimm the Finance Committee
voted to support the subject matter of Article 13 by a vote
of 8/0/0.
On a motion by White seconded by MacDonald the Finance
Committee voted to support the subject matter of Article 16
by a vote of 8/0/0.
On a motion by Blewitt seconded by MacDonald the Finance
Committee voted to recommend (Article 7) Capital Improvement
Plan to Town meeting and exclude Item PW-P-5 for the swimming
pool reconstruction in the amount of $2 ,000,000.00 in the
year 1999 by a vote of 6/1/1 .
On a motion by VanMagness seconded by MacDonald the Finance
Committee voted to recommend the Capital Plan for the fiscal
years 1996 through 2005 subject to the correction to FY 96 to
equal the votes that the Finance Committee has taken by a
vote of 8/O/0.
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to adjourn at 8 :45 p.m. by a vote of 8/0/0.
The next meeting of the Finance Committee is scheduled for
May 24, 1995 at 7 :30 p.m. in the Conference Room at Town
Hall.
Respectfully submitted,
Maureen Vierra
Secretary
4W