HomeMy WebLinkAbout1996-06-24 Finance Committee Minutes Finance Committee Meeting
June 24,1996
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, Jr . , Catherine Martin, Town Manager Peter
Hechenbleikner and Secretary Maureen Vierra.
Approval of Minutes:
On a motion by MacDonald Seconded by Keigley the Finance
Committee voted to approve the minutes of April 3 , 1996 by a
vote of 5/0/1 .
On a motion by MacDonald seconded by Grimm the Finance
Committee voted to approve the minutes of April 8 , 1996 as
amended by a vote of 6/0/0.
On a motion by MacDonald seconded by Grimm the Finance
Committee voted to approve the minutes of April 11 , 1996 as
amended by a vote of 6/0/0.
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the minutes of April 22 , 1996 as
!!! amended by a vote of 5/0/1 .
On a motion by MacDonald seconded by Grimm the Finance
Committee voted t6 approve the minutes of April 29, 1996 by a
vote of 5/0/1 .
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the Finance Committee minutes of
the Budget Council meeting by a vote of 6/0/0.
Liaison Reports
Nate White attended a recent School Committee Meeting where
several Reading citizens posed more than 100 questions to the
Committee regarding construction concerns at Parker school .
The School Committee answered as many questions as
possible,however, many were quite involved.
The Police Station Building Subcommittee plans to meet with
the Selectmen on June 25, 1996 to give their recommendations
as reported by Steve Blewitt. Their first recommendation is
to build on the Union Street site. Their second
recommendation is to expand on the existing site.
Reserve Fund Transfers
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the transfer of $1 , 500.00 to
account 10-042 (Personnel expenses) by a vote of 6/0/0.
2
On a motion by MacDonald seconded by White the Finance
Committee voted to approve the transfer of $2,921 .00 to
account 01-123 (Dispatchers Salaries) by a vote of 6/0/0.
On a motion by MacDonald seconded by White the Finance
Committee voted to approve the transfer of $15,000.00 to
account 01-312 (Waste Collection and Disposal) by a vote of
6/0/0.
Finance Committee Reorganization
On a motion by Grimm seconded by MacDonald, Steve Blewitt was
nominated for Finance Committee Chairman. White made a
motion to close nominations. This was seconded by Keigley
and nominations were closed by a vote of 6/0/0. By unanimous
consent Steve Blewitt will continue as Chairman.
On a motion by Blewitt seconded by White, Jim Keigley was
nominated for Finance Committee Vice-Chairman. Grimm made a
motion to close nominations. This was seconded by MacDonald
and nominations were closed by a vote of 6/0/0. By unanimous
consent Jim Keigley will continue as Vice-Chairman.
On a motion by White seconded by Martin, Carol Grimm was
nominated for the Audit Committee. Blewitt made a motion to
close nominations. This was seconded by MacDonald and
nominations were closed by a vote of 6/0/0. By unanimous
consent Carol Grimm will continue to serve on the Audit
Committee.
Jim Keigley reviewed the origin of the Capital Improvement
Subcommittee and its function and goals. He asked the
Finance Committee to consider the possibility of
re-organizing the subcommittee to be made up of three FinCom
members. This item was discussed and tabled. The Capital
Improvement subcommittee will be invited to the next FinCom
meeting to be held on August 7, 1996 to continue this
discussion.
On a motion by MacDonald seconded by Blewitt the Finance
Committee voted to adjourn at 8 : 55 p.m. by a vote of 6/0/0.
The next meeting of the Finance Committee is scheduled for
August 7, 1996 at 7 : 30 p.m. to be held in the Conference Room
at Town Hall .
R�e�sp�eLct�fulllyn submitted,
Steve Blewitt
Chairman