HomeMy WebLinkAbout1997-10-08 Finance Committee MinutesRECEWEO IVN
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Finance Committee Meeting
October 8, 1997
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The Finance Committee met in the Arnold Berger Room at Town Hall, 16 Lowell Street,
Reading, Massachusetts at 7:30 p.m. Present were Chair Jim Keigley, Vice Chair Carol
Grimm, Finance Committee members Catherine Martin, Richard McDonald, Lawrence
Penta, Paul Kurker, James Francis, Town Manager Peter Hechenbleikner, and Beth
Kleipeis Foley.
On a motion by Paul Kurker seconded by Carol Grimm the Finance Committee voted to
approve the minutes of September 17, 1997, by a vote of 7-0-0.
Chair's Comments:
Chair Jim Keigley submitted a draft of the Capital Improvement Committee Policy for the
Finance Committee's review.
Chair Jim Keigley submitted the School Committee's Capital Plan and Enrollment Figures.
Liaison Reports:
Capital Improvements Carol Grimm submitted the FY 1999 Capital Improvement Draft
Project Schedule. Major issues that will be coming up are Renovations to the Coolidge
Middle School and Elementary School Building Projects.
Water & Sewer James Francis submitted general information on water and sewer.
Police Building Committee Dick McDonald reported that a short list of Architects and
Project Managers has been completed. There is a Purchase and Sale agreement on the site.
School Committee Larry Penta reported on the recent School Committee meeting. They
have requested $40,000.00 for a feasibility study on the High School. A full time nurse has
also been requested.
Review of Pension System:
Retirement Board Committee members Henry_Boissoneau, Richard Foley, Beth Kleipis
Foley, and Steve Mitchell presented a retirement board report regarding FY 1999 funding
requirements.
School Committee:
Superintendent Dr. Harry Harutunian presented the FY 1999 Capital Plan. On behalf of
the School Committee, he requested a Phase 2 Architect for a feasibility on the High
School. This is to determine if the High School should be renovated or reconstructed.
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Review of Waffant:
Article 3 A motion to approve Article 3 was made by Carol Grimm and seconded by
Catherine Martin. The Finance Committee voted to approve Article 3 by a vote of 7-0-0.
Article 5 A motion to approve Article 5, leaving out D2 and D3, was made by Carol
Grimm and seconded by Richard McDonald. The Finance Committee voted to approve by
a vote of 7-0-0.
Article 6 A motion to approve Article 6 was made by Carol Grimm and seconded by
James Francis. The Finance Committee voted to approve Article 6 by a vote of 7-0-0.
Article 10 A motion to approve Article 10 was made by Carol Grimm and seconded by
James Francis. The Finance Committee voted to approve Article 10 by a vote of 7-0-0.
Article 11 A motion to approve Article 11 was made by Carol Grimm and seconded by
Richard McDonald. The Finance Committee voted to approve Article 11 by a vote of 7-0-
0.
Article 12 A motion to rescind Article 12 was made by Carol Grimm and seconded by
James Francis. The Finance Committee voted to approve Article 12 by a vote of 7=0-0.
Town Manager Peter Hechenbleikner informed the Finance Committee that the Town has
hired an Assistant Civil Engineer.
Reading Motes:
Peter Hechenbleikner reported that an annual cost of $12,000.00 was appropriated by
Town Meeting to publish the Reading Notes Newsletter.
On motion by Richard McDonald seconded by James Francis the Finance Committee
voted to adjourn at 10:20 p.m, by a vote of 7-0-0.
Respectfully submitted,
Recor ' g Secretary