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HomeMy WebLinkAbout2025-04-02 Finance Committee MinutesKcGtly/ L) e Town of Reading 0/^.' CLERK 5 Meeting Minutes MA. 1 7: 37 Board - Committee - Commission - Council: Finance Committee Date: 2025-04-02 Time: 6:30 PM Building: School - Memorial High Location: School Library Address: 62 Oakland Road Session: Open Session Purpose: General Business Version: Final Attendees: Members - Present: Chair Joe Carnahan, Vice Chair Marianne McLaughlin -Downing, Geoffrey Coram, Joe McDonagh (6:41 pm), Emily Sisson (remote), Mark Zarrow Members - Not Present: Endn Kume, Ed Ross, John Sullivan Others Present: CFO Sharon Angstrom, Town Manager Matt Kraunelis, Nancy Ziemlak, Marilyn Shapleigh Minutes Respectfully Submitted By: Jacquelyn LaVerde Topics of Discussion: This meeting was held in -person in the Schettinl Library of Reading Memorial High School and remotely via Zoom. Call to Order and Welcome Chair Joe Carnahan called the meeting to order at 6:35 pm. Roll call attendance: Emily Sisson (remote), Mark Zarrow, Marianne McLaughlln-Downing, Geoffrey Coram, Joe Carnahan. Discuss and Vote on financial articles for May 1. 2025 Special Town Meeting As the Committee has heard several presentations on both the Killam School and Reading Center for Active Living (ReCAL) projects over the last several months, there was no discussion needed, and the Committee was prepared to vote on the debt exclusion warrant articles for each project for the upcoming Special Town Meeting. On a motion by Marianne McLaughlin -Downing, seconded by Emily Sisson, the Finance Committee voted 5-0-0 to recommend the substance of Article 2 for the Klllam School Building Project as presented to Town Meeting. Roll call vote: Emily Sisson - Yes, Mark Zarrow - Yes, Marianne McLaughlin - Downing - Yes, Geoffrey Coram - Yes, Joe Carnahan - Yes. On a motion by Marianne McLaughlin -Downing, seconded by Mark Zarrow, the Finance Committee voted 5-0-0 to recommend the substance of Article 3 for the Senior Center/Reading Center for Active Living Building Project as presented to Town Meeting. Roll call vote: Emily Sisson - Yes, Mark Zarrow - Yes, Marianne McLaughlin - Downing - Yes, Geoffrey Coram - Yes, Joe Carnahan - Yes. Page I 1 Geoffrey Coram moved to adjourn, which was seconded by Mark Zarrow, but the Committee was reminded to assign the reports to Town Meeting. Roll call vote: Emily Sisson - No, Mark Zarrow - No, Marianne McLaughlin -Downing - No, Geoffrey Coram - No, Joe Carnahan - No. The report to Town Meeting on Article 2 was assigned to Ed Ross, who was not present, as he is a member of the Killam School Building Committee. Emily Sisson was assigned as alternate in the event Ed Ross is unavailable. The report to Town Meeting on Article 3 was assigned to Joe McDonagh, and Marianne McLaughlin -Downing as an alternate. Joe McDonagh arrived moments later at 6:41 pm and agreed to report on Article 3. On a motion by Mark Zarrow, seconded by Emily Sisson, the Finance Committee voted 6-0-0 to adjourn at 6:42 pm. Roll call vote: Emily Sisson - Yes, Joe McDonagh - Yes, Mark Zarrow - Yes, Marianne McLaughlin -Downing - Yes, Geoffrey Coram - Yes, Joe Carnahan - Yes. Page 1 2