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HomeMy WebLinkAbout1997-05-07 Finance Committee MinutesU- RECEIVED '`OWN CLERK RE&DING, MASS. Finance Committee Meeting May 7, 1997 ki `G 17 45 Ph °97 The Finance Committee met at 7:30 p.m. in the Conference Room at Town Hall. Present were Chairman Steve Blewitt, Vice Chairman Jim Keigley, Finance Committee members Gerry MacDonald, Rocco Nenarella, Nate White, Catherine Martin, Richard McDonald, Carol Grimm, Tom Green, Town Manager Peter Hechenbleikner and Secretary Maureen Vierra. Also present were Donna Adams, Jonathan Edwards, Gloria Hulse and Bill Brown. Approval of Minutes: On a motion by MacDonald seconded by Nenarella the Finance Committee voted to approve the minutes of April 23, 1997 by a vote of 6/0/1. At 7:50 p.m. a motion was made by MacDonald and seconded by Keigley recommending the Finance Committee to go into executive session for the purpose of discussing the purchase and sale of real estate. The motion was approved by a roll call vote with all members voting in the afurmative. The Finance Committee remained in executive session until 8:10 p.m. Article 4: On a motion by MacDonald seconded by Keigley the Finance Committee voted to recommend Article 4 in the amount not to exceed $280,000.00 with source of funding from bond authorization. This motion passed by a vote of 8/1/0. An amended motion was made by Green to recommend Article 4 in an amount not to exceed $200,000.00 with source of funding from bond authorization. This amendment was not seconded. A motion was made by Blewitt seconded by Green to recommend indefinite postponement of Article 4 and hire a mediator to settle the subject matter of the article. This motion was later withdrawn. A motion to move the question was made by Martin seconded by MacDonald and voted by the Finance Committee 6/3/0. Article 6: On a motion by Grimm seconded by MacDonald the Finance Committee voted to recommend tabling Article 6 until a cost and parldng analysis has been provided. This motion passes by a vote of 9/0/0. An amended motion was made by Green to not recommend Article 6 at this time. This motion was not seconded. Article 7: A motion was made by MacDonald seconded by McDonald to recommend "No Report" for the subject matter of Article 7. An amended motion was made by Keigley and seconded by Green to recommend the subject matter of Article 7. This motion passes by a vote of 9/0/0 and became the main motion. Voted as the main motion it passed by a vote of 9/0/0. Articles 8 & 9: On a motion by Keigley seconded by McDonald the Finance Committee voted to recommend the subject matter of Articles 8 & 9 by a vote of 9/0/0. Article 10: On a motion by Grimm seconded by MacDonald the Finance Committee voted to recommend Article 10, authorizing the purchase of 21-37 Hamden Street with $10,000 coming from the Capital Improvement Plan and $300,000.00 coming from grants. This motion passed by a vote of 9/0/0. Article 11: On a motion by Grimm seconded by MacDonald the Finance Committee voted to recommend the subject matter of Article 11 allowing the acceptance from Anton Cleaners in the amount of $1.00. This motion passed by a vote of 9/0/0. On a motion by Green seconded by MacDonald the Finance Committee voted to adjourn at 10:10 p.m. The next Finance Committee meeting is scheduled for June 4, 1997. Res ectfully Submitted Jim Keigley Vice Chairman