HomeMy WebLinkAbout1998-10-22 Finance Committee Minutes1 U._~ 10
READING, HASS.
Finance Committee Mjeetiing
October 22, 1998
.1999 19AR -3 P 1: 52
The_Einance_ Committee. met inthe.Arnokl Berger Room-at Town Ha11,..16 .Lowell Street,
Reading, Massachusetts at 7:30 p.m. Present were Chair Jim Keigley, Vice Chair Carol
Grimy,.Einanr.P_Conunittee.meml~ev; Catherine Martin~Bicbard McDonald, Paul..Kurker,
James Francis, Neil Cohen, Mary Grimmer, and Charles Robinson also present were Town
MaragerPeter- Hechenbleikner, Dr-Haru unian and Pete_D.ahl.
Approval of Minutes:
On motion by Pant.Kurker. seconded. by Dick-McDonaldthe. Finance Committee voted. to
approve the minutes of September 9, 1998, by a vote of 9-0-0.
12euiew oflhe- t:
Jim-Bbml .y frnm _the- T4 i .ir~alTight.Dg2artment_presented-some badgTound
information on Article 19 and 20. The light department will reach it's maximum load by
the year 2000,.unless they build an additional..substation..In.1994 they purchased the
property at 24 Haverhill Street for the future substation. There is already a substation at
57 HaverhillEireet. Rath. nei hhorhoods would-prefer. the- substations were-somew-here
else. The 6.5 acre parcel of land at the No. Reading DPW.site is a good alternative,
allowing-for better expansion capabilities.
Article 19and 2D
Onmation.by Carol.Grimm_seconded.by Dick.McDonaldtlae..Finance Committee-voted. to
approve Article 19 and 20, transfer of Land from DAD in North Reading.
The. motion.was_ approvedby a_vate .0£9-0-0.
School Committee:
Dr_.LTanrtnnian requested the Einanne Commiffj add,$,L8.&,000. to the_EY.1999 School
Budget. $42,000. will be used for Custodial and Secretarial services. The balance will be
used for..per pupil.needs.. He.needs.315,000. now to transfer from Birchmeadow and
Killam to the Barrows School budget.
Dr-Hanitunian also explained that.Article_6 on-the-WarranLwas to increase-the-narking at
the Parker School by 40 42 spaces. An abutter has offered to sell the-land.
Article 8
On.motion.by Carol Grimm-seconded.by Catherine Martin the Finance._Cn uni .ee voted
to approve Article 8, and Amend the FY 1999.Budget.
The motion was approved by a-vota.of 141-0._.
pa~e 2
Article 5
On_motion.hy.Carol.Grimm.secondecihy James_.Erancis.the.Eina e.ComnlitteP..vQted to
approve Article 5,A uthorizing Debt Sewers for Mill, Short, and Main Streets.
The motion was-approved-by a..vate. of 9-0-0.
Article 3
On-motion by Carol. Grimm.Geconded by DieLM.caonaldtl-.Fin_annP.Committee.vated,to
approve Article 3, Amend Capital Improvements Program for FY 1999 FY2008.
The motion.was approved -by a,vote of 9-0-0.
Article 7
-Committee voted
On motion Jay Carol Grimm seeonded by Catherine. Martin the. Finance
to approve Article 7, Appropriate Grant Fundingfor Chapter 90.
The, mad(mmas. approved-by a-vote- Q£ 9-0-0.
Article 9
On-motion by Carol Grimm-seconded by Dick i IcDonald the-Finance .Committee. voted to
approve Article 9, Providing Funding for Rubbish Collection from Condominiums.
The. motionwas approved by a_vote_ of 5-4-0.
Article 1,1
-Committee voted
Onmotionby Catherine Martin seconded by Mary Grimmer.the Financ,e
to approve Article 11, Accepting Sec. 288 of Chapter 194 of Acts of 1998 Retirement
Option. C_ "Pop-Up
The motion was approved by a vote of 9-0-0.
Artitle~12
On_mati-- by. Carol Grimmseconded-by. James_Franeis.tha.Einance Committee voted to
approve Article 12, Establish Revolving Fund to use Funds Receivedfrom the Municipal
Recycling Incentive Procedure (MRIP). Grants.
The motion was not approved by a vote of 4-5-0.
Ar-tic-le. 14&,15
Onmation.by Carol Grimmseconded.by.James- Francis thaTinance Committee-voted to
approve Article 14 & 15, Authorizing the Transfer and the Sale of a Parcel of Land on
Beacon Street..
The motion was approved by a vote of 9-0-0.
Capital Improvement Liaison
On.moti=n y James Frarxk.secon by Jim KeWe_.y the.Finance Committee voted to
assign James Francis to be the third Capital Improvement Liaison. The other two liaisons
are. Eakin Martin and Car4G ,
The motion was approved by a vote of 9-0-0.
p e3
On a motion by Paul Kurker seconded by Neil Cohen the Finance Committee voted to
adjaurn.at.LQ1i pxLi-..hy.a_vote_.Q£9-0-0.
Re ectfully submitted,
&ecarse,udary