HomeMy WebLinkAbout1999-04-07 Finance Committee MinutesC'LL°~t
Finance Committee Meeting
April 7,1999
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The.. meeting convened at 7:30 p.m. in the Town Hall Conference Room, 16 Lowell
Street, Reading, Massachusetts. Present were Chairman Carol Grimm, Members Richard
McDonald,, Charles Robinson, James Francis, Neil Cohen, Paul; Kurker, Catherine
Martin, Town Manager Peter Hechenbleil er, Jim Keigley and Peter Dahl.
Preseni;ation by Chairman - The Chairman made a presentation to Jim Keigley, former
meinbW and Chairman of the Finance Committee. She thanked him for his years of
service:'
Review of B.ud zet ,
On motion by Kurker seconded by McDonald, the Finance Committee voted pursuant to
Section 31D to"concur with the Town Manager's decision to defer the expenditures over
and above the FY 1999 budget for snow and ice control during FY 1999 to the FY 2000
budget year, provided that if Town Meeting approves funding of this overrun amount at
the 1999 Annual Town Meeting, then this decision is rescinded. The motion was
approved by a vote of 7-0-0.
The Town Manager reviewed the FY 1999 budget transfers under Article 6 at the Annual
Town Meeting, and requested the transfer of $8,000 now for Police and Fire
Indemnification so the bills can be paid.
On motion by Martin seconded by Kurker, the Finance Committee voted to approve the
reserve fund transfer in the amount of $8,000 for Police and Fire Indemnification by a
vote of 7-0-0.
Review of Warrant
On motion by Martin seconded by Kurker, the Finance Committee voted to reconsider its
previous action under Article 6 of the Annual Town Meeting by a vote of 7-0-0.
On motion by McDonald seconded by Cohen, the Finance Committee voted to
rdcomi end the subject matter of Article 6 as presented on 4/7/99 to Town Meeting by a
vote' of 7=0-.0.
The Finance Committee discussed the landfill sale and voted on motion by Kurker
seconded by Martin to recommend the subject matter of Article 24 by a vote of 7-0-0.
On motion by Martin seconded by Kurker, the Finance Committee voted to elect Carol
Grimm asp Chairman of the Finance Committee for a term expiring June 30, 1999 by a
vote of 7,.0-0. The Town Manager had requested this vote so that it is clear that Miss
Grimm had authority to be a member of the FinCom Appointment Committee.
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r- Finance Committee Meeting=April 7, 1999 - Page 2
On motion by Kurker seconded by McDonald, the Finance Committee voted to
reconsider the subject matter of Article 17, Lines I-1, I-2 and J-I by a vote of 7-0-0.
On motion by Martin seconded by Kurker, the Finance Committee voted to vote the
revised Line Items I-1, I-2 and J-1 as it appears on the detailed pages of the Warrant by a
vote of 7-0-0.
On motion by Kurker seconded by McDonald, the Finance Committee voted to adjourn
their meeting of April 7, 1999 at 9:05 p.m. by a vote of 7-0-0.
R p (11 s i d,
Secretary