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HomeMy WebLinkAbout1996-04-11 Finance Committee Minutes Finance Committee Meeting April 11, 1996 The meeting convened at 7:15 p.m. in the Reading Memorial High School Auditorium. Present were Chairman Steve Blewitt, Vice Chairman Jim Keigley, FINCOM members Carol Grimm, Gerry MacDonald, Nate White, Town Manager Peter Hechenbleikner and Public Works Director Ted McIntire. Catherine Martin The Town Manager discussed Article 9 which is the Walkers Brook Drive sewer article. He is suggesting that this remain tabled. We have enough money in the FY 96 and FY 97 budgets to do the design work, and we can then come back in the fall for full approval by Town Meeting. The Town Manager noted that under Article 6, he had made a mistake and we did not transfer enough free cash. The intent would be on the April 22 session of the Town Meeting to request the Board of Selectmen and the Moderator to agree to reopen Article 6 for circumstances beyond the control of the Town, and transfer the additional money to snow and ice control from free cash for not only the $5,000 error, but perhaps all of the remaining snow and ice expenses that we have had. The Town Manager reviewed the EAP pilot program. The Finance Committee had no problem with proceeding with this pilot program. The worse case would be that Town Meeting would have to transfer approximately$5,000 from available funds in the spring of 1997. The Town Manager reviewed a memo regarding rubbish collection. He noted that you can look at the numbers for one view of how we should proceed, but you also need to look at qualitative and risk issues. Based on the information available, the Town Manager is inclined to proceed with the waste management proposal. The material is presented to the Finance Committee for their information. On motion by Grimm seconded by Keigley, the Finance Committee voted to adjourn at 7:30 p.m. by a vote of 5-0-0. Respectfully submitted, Stephen Blewitt Chairman L