HomeMy WebLinkAbout1996-04-03 Finance Committee Minutes Finance Co®ittee Meeting
April 3, 1996
The Finance Committee met at 7 : 30 p.m. in the Conference Room
at Town Hall. Present were Chairman Steve Blewitt, Vice
Chairman Jim Keigley, FinCom members Gerry MacDonald, Nate
White, Carol Grimm, Jerry Vitale, Rocco Nenarella, Tom Green
Jr. , Town Manager Peter Hechenbleikner and Secretary Maureen
Vierra. Also present were Richard Foley, George Hines, Matt
Cummings, Joe Connelly, Dr. Harry Harutunian, Bob Cavicchi ,
Charlie Peacock, and George Thompson.
Approval of Minutes :
On a motion by MacDonald seconded by Grimm the Finance
Committee voted to approve the minutes of March 6, 1996, as
amended, by a vote of 6/0/2 .
On a motion by MacDonald seconded by Grimm the Finance
Committee voted to approve the minutes of March 11 , 1996, as
amended, by a vote of 6/0/2 .
Action and Discussion Items:
Dr. Harry Harutunian reviewed the anticipated shortfall in
the FY95 school budget. He believes the final additional
funds will be in the amount of $248, 144.00.
On a motion by Keigley seconded by White the Finance
Committee voted to accept Article 6 as presented by a vote
of 8/0/0.
An amendment by Green seconded by MacDonald to change Line C3
in the adopted budget to $0.00 did not pass by a vote of
0/8/0.
Joe Connelly brought a draft of the licence agreement
pertaining to the possibilty of entering an agreement with
Austin Preparatory School to share athletic fields. On a
motion by Keigley seconded by Grimm the Finance Committee
voted to recommend Article 13 by a vote of 5/3/0.
On a motion by George Thompson, the Capital Improvement
Sub-committee voted to recommended Article 13 by a vote of
3/1/0.
On a motion by Green seconded by MacDonald the Finance
Committee voted to reconsider Article 8 by a vote of 6/1/1 .
on a motion by Grimm seconded by MacDonald the Finance
Committee voted to recommend indefinately postponing Article
8 by a vote of 7/1/0.
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to recommend Article 22 by a vote of 7/1/0 .
2
On a motion by MacDonald seconded by Vitale the Finance
Committee voted to adjourn at 10:30 p.m. by a vote of 6/0/0.
Res ectfully ub ' tted,
Steve Blewitt
Chairman