HomeMy WebLinkAbout2002-03-13 Finance Committee MinutesFinancial Committee Meeting RECEIVED,
March 13, 2002 TOWN CLERK
RED{DING, MASS.
The meeting convened at 7:30 p.m. in the Police Station Community Roo~d~ on
Street, Reading Massachusetts. Present were Finance Committee membergIrd' I A 10: 5b
McDonald, Catherine Martin, Karen Epstein, Andrew Grimes, Robert LeLacheur, Mary
Grimmer, and Chuck Robinson. Also present were Ted McIntire, Tim Twoomey, and
Town Manager Peter Hechenbleikner.
On a motion by Mary Grimmer, seconded by Karen Epstein, the Finance Committee
voted to approve the minutes of their February 27, 2002 meeting.
The motion was approved by a vote of 5-0-2.
On a motion by Mary Grimmer, seconded by Karen Epstein, the Finance Committee
voted to approve the minutes of their March 4, 2002 meeting.
The motion was approved by a vote of 7-0-0.
Peter Hechenbleikner stated there is a Massachusetts GIS grant available for digital
parcel mapping for $15,000, but the Town would need to match $30,000 to receive it.
Peter asked the Finance Committee for their opinion. Dick McDonald stated there are no
guarantees, but he looks at this favorably.
~I Randy Mason arrived at 7:55pm.
Article 11- Approving ]Debt Authorization - Summer Avenue Water Main
Ted McIntire reviewed Article 11. This is an $11 million, twenty-year program. This
year's amount is $1 million. They are replacing a 6" water main with a 12" water main,
connecting Summer Avenue to Hopkins Street, and cleaning and lining other areas of
town. There is a total of 5,700 feet.
On a motion by Catherine Martin, seconded by Mary Grimmer the Finance Committee
voted to recommend Article 11, Approving Debt Authorization, Summer Avenue Water
Main, as presented.
The motion was approved by a vote of 8-0-0.
Article 4 - Payment of Prior Year's Bills
Indefinitely Postponed
Article 5 - Disposing of Surplus Materials and Equipment
On a motion by Mary Grimmer, seconded by Catherine Martin, the Finance Committee
voted to recommend Article 5, Disposing of Surplus Materials and Equipment.
The motion was approved by a vote of 8-0-0.
Article 6 - Amending FY 2002 - 2011 Capital Improvements Program
Indefinitely Postponed
Finance Committee - March 13, 2002
page 2
Article 7 - Amending FY 2002 Budget
On a motion by Catherine Martin, seconded by Andrew Grimes, the Finance Committee
voted to recommend Article 7, Amending FY 2002 Budget, as presented.
The motion was approved by a vote of 8-0-0.
Article 8 - Adopting FY 2003 - 2012 Capital Improvements Program
Postponed until the next meeting.
Article 9 - Approving Debt Authorization - Chapter 90
On a motion by Randy Mason, seconded by Robert LeLacheur, the Finance Committee
voted to recommend Article 9, Approving Debt Authorization, Chapter 90, as written.
The motion was approved by a vote of 8-0-0
Article 10 - Approving Debt Authorization - Road Improvements
On a motion by Mary Grimmer, seconded by Chuck Robinson, the Finance Committee
voted to recommend Article 10, Approving Debt Authorization, Road Improvements.
The motion was approved by a vote of 7-0-1.
Article 12 - Approving FY 2003 Budget
Vote Postponed.
Article 13 - Authorizing Lease of Space, RMHS for REAP.
Vote postponed due to action pending.
Article 14 - Approving Compost Bin Revolving Fund
On a motion by Chuck Robinson, seconded by Karen Epstein, the Finance Committee
voted to recommend Article 14, Approving Compost Bin Revolving Fund, as written.
The motion was approved by a vote of 8-0-0.
Article 15 - Approving Parking Enforcement Revolving Fund
On a motion by Mary Grimmer, seconded by Catherine Martin, the Finance Committee
voted to recommend Article 15, Approving Parking Enforcement Revolving Fund.
The motion was approved by a vote of 8-0-0.
Article 16 - Approving Conservation Revolving Fund
On a motion by Andrew Grimes, seconded by Randy Mason, the Finance Committee
voted to recommend Article 16, Approving Conservation Revolving Fund.
The motion was approved by a vote of 8-0-0.
Catherine Martin requested an updated of the parking enforcement funds generated, at the
November Town Meeting.
Article 18 - Delegating the Authority to set fees to the board of Selectmen
No vote taken.
Finance Committee - March 13, 2002 page 3
Article 20 - Petition - Rescinding Remaining Debt - New School
A motion was made to recommend Article 20 - Petition - Rescinding Remaining Debt -
New School, by Robert LeLacheur, seconded by Randy Mason.
The motion was defeated by a vote of 0-8-0.
Dick McDonald requested Peter Hechenbleikner informs the Finance Committee of the
total amount spent for litigation on the schools, at the next Financial Forum.
Article 21- Amending Article 5 of the December 1998 Subsequent Town Meeting
re: redesign and renovation for Barrows School
A motion was made to recommend Article 21, Amending Article 5 of the December 1998
Subsequent Town Meeting re: redesign and renovation for Barrows School, by Catherine
Martin, seconded by Robert LeLacheur.
The motion was defeated by a vote of 0-8-0.
Article 22 - Appropriating $20,000 for developing options for the Renovation of
reading Memorial High School
Vote postponed due to action pending.
The next Financial Forum is on March 21, 2002.
On a motion by Mary Grimmer, seconded by Chuck Robinson, the Finance Committee
voted to adjourn at 10:45 p.m.
The motion was approved by a vote of 8-0-0.
e ectfull Abmitted,
Secretary