Loading...
HomeMy WebLinkAbout1987-08-06 Finance Committee Minutes0 FINANCE COMMITTEE MEETING MINUTES August 6,1987 Present D.Allen,chrm.,B.McMenamin,D.Haskell,C.Catalfamo,R.Mucc1, W.Burditt,R.Harrison Quarm 7:30 PM,Room 16 Trade of surplus equipment from police station and annex. The two ,copy machines are now maintained for $289 a month and we can lease two for $25 less a month. garox will give us a trade in value of $900. The Town Manager presented all the figures and paper work We may also purchase the machines after the two years leased for 10%. The present machines are seven to eight years old. R.Harrison motioned to approve the trade in of the machines. VOTED 7-0-0 . Peter Hechenbleikner next presented the need for FY/87 transfer of funds $6,382.62 to the Selectmen�s account for advertising, printing and supplies that remained to be paid. Town Manager took full re- sponsiblity for the totals not being closly watched. Also has already set up a central supply system enorder to keep better control over the spending of office supplies. The printing needs for the past year were not done on a bid system as the charter recommends. Fin Com members thought maybe this should be a Town Meeting issue but felt in the and they would have to deal with the money anyway. Allen feels that it was 1502 neglected which is a large amount but motioned for the transfer. 1.0 VOTED 64P9 D.Allen took over the meeting stating that if a bid system is put into •effect for purchases Fin Com would like the liason person to be E.Greene. Also the majority of the committee should and will be signing all Fin Com financial forms of business. First one tonight will be the Aduit build for Peat Marwick. Allen would like the members to keep in mind that the Municpal Space Committee will be asking for four million at Fall Town Meeting. Of course we will be signing for the Community Center soon. Robert's Rule a motion was made for a 2/3's vote be accepted. Allen motioned for this be voted on --Burditt seconded the motion. VOTED 7-0-0 • Allen would like the members to do some research which he did and found Real Estate sales of 1985 and wonder if it should be sold and put into capital fund projects. Funding should not be for bidding. There will be training programs taking place if the members would care to sign up. Harrison motioned to ajourn the meeting, Burditt seconded the motion.