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HomeMy WebLinkAbout2000-08-09 Finance Committee MinutesCLERK Finance Committee Meeting f ` ED C'~ A S S. August 9, 2000 2000 SEA, 20 P 2. 58 The meeting convened at 7:30 p.m. at the Senior Center, 49 Pleasant Street, Reading, Massachusetts. The School Committee was already in session. Selectmen Camille Anthony and Matthew Cummings were present, and Selectman George Hines joined the quorum at 7:45 p.m. Also present were the following members of the Finance Committee: Richard McDonald, Jim Francis, Catherine Martin, Charles Robinson, Andrew Grimes, Robert LeLacheur, Neil Cohen, Carol Grimm. On motion by McDonald seconded by Francis, the Finance Committee voted to go into Executive Session for the purpose of discussion of strategy with respect to collective bargaining for all of the Town and School bargaining units, to come back into Open Session at approximately 8:30 p.m. On a roll call vote, all members present voted in the affirmative and the motion was carried. On motion by Twomey seconded by Dahl, the School Committee voted to go into Executive Session for the purpose of discussion of strategy with respect to negotiations with the Teachers, Custodians, Secretaries, Cafeteria Workers and School Nurses, to come back into Open Session at approximately 8:30 p.m. On a roll call vote, all members present voted in the affirmative and ' the motion was carried. At 7:45 p.m., George Hines joined. the quorum and on motion by Anthony seconded by Hines, the Board of Selectmen voted to go into Executive Session for the purpose of discussion of strategy with respect to labor negotiations, to come back into Open Session at approximately 8:30 p.m. On a roll call vote, all three members voted in the affirmative and the motion was carried. The Finance Committee came out of Executive Session at approximately 9:25 p.m. On motion by Cohen seconded by Francis, the Finance Committee voted to approve the minutes of their meeting of June 28, 2000, as amended, by a vote of 6-0-1, with LeLacheur abstaining. On motion by Francis seconded by McDonald the Finance Committee voted to approve the Executive Session minutes of their meeting of October 28, 1999 by a vote of 7-0-0. On motion by McDonald seconded by Cohen, the Finance Committee voted to approve the minutes of their meeting of July 10, 2000 by a vote of 6-0-1, with Martin abstaining. The FinCom discussed the liaison assignments. On motion by Francis seconded by Martin the Finance Committee voted to approve the second payment for the auditing fee to Peat Marwick by a vote of 7-0-0. On motion by Martin seconded by Cohen the Finance Committee voted to approve a reserve fund transfer in the amount of $500 for the Assessors for appraisals by a vote of 7-0-0. On motion by Cohen seconded by Martin, the Finance Committee voted to adjourn their meeting of August 9, 2000 at 9:55 p.m. by a vote of 7-0-0. pectful y submitted, 191 Secretary