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HomeMy WebLinkAbout2000-10-25 Finance Committee MinutesFinance Committee Meeting October 25, 2000 C:l_ F z{ The meeting convened at 7:30 p.m. in the Arnold Berger Room, at the Town Hall, 16 Lowell Street, Reading Massachusetts. Present were Chair Carol Grimm, 4Qe! GhairI 111: n Richard McDonald, FinCom Members Catherine Martin, Charles Robinson, James Francis, Robert LeLacheur, Neil Cohen, Mary Grimmer, Andrew Grimes, Town Manager Peter Hechenbleikner, and Leonard Rucker from the RMLD. On a motion by Dick McDonald, seconded by Neil Cohen, the Finance Committee voted to recommend Article 8, Amend Charter re RA4LS, as presented. The motion was not approved by a vote of 3-5-1. Peter Hechenbleikner reviewed the FY2001 Budget Amendments on Article 4 for a total of $468,100. On a motion by Carol Grimm, seconded by Mary Grimmer, the Finance Committee voted to recommend Article 4, Amend FY 2001 Budget, for $257,000. The motion was approved by a vote of 9-0-0. On a motion by James Francis, seconded by Dick McDonald, the finance Committee voted to approve Article 5, Amending Fees. The motion was approved by a vote of 9-0-0. On a motion by Neil Cohen, seconded by Catherine Martin, the Finance Committee voted to recommend Article 6, Chapter 90, as presented. The motion was approved by a vote of 9-0-0. On a motion by Neil Cohen, seconded by Andrew Grimes, the Finance Committee voted to recommend Article 11, Street Acceptance - Sunset Rock Lane, as presented. The motion was approved by a vote of 8-0-1. On a motion by Mary Grimmer, seconded by Neil Cohen, the Finance Committee voted to approve the minutes of the September 18, 2000 Financial Forum meeting. The motion was approved by a vote of 6-0-3. On a motion by Neil Cohen, seconded by Chuck Robinson, the Finance Committee voted to approve the KPMG bill for $13,500. The motion was approved by a vote of 9-0-0. Liaison Reports Catherine Martin stated the Open Space Committee is in the process of making a first draft. Catherine will provide the Finance Committee with a summary. Finance Committee October 25, 2000 j On a motion by Neil Cohen, seconded by Mary Grimmer, the Finance Committee unanimously voted to adjourn their meeting at 9:30 PM. Respectfully submitted, a/ L ~oy M Recording Secretary page 2