HomeMy WebLinkAbout1997-04-09 Finance Committee MinutesREGEIVEQ
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Finance Committee Meeting s T
April 9, 1997 ~f AY
The Finance Committee met at 7:30 p.m. in the Selectman's Meeting Room at Town Hall.
Present were Vice Chairman Jim Keigley, FinCom. members Gerry MacDonald, Rocco Nenarella,
Tom Green Jr., Richard McDonald, Carol Grimm, Nate White, Catherine Martin, Town Manager
Peter Hechenbleikner and Secretary Maureen Vierra. Also present were Tom Stohlman, Bill
Brown, Bill Bogaert, Bruce MacDonald and Bob Hillard.
Approval of Minutes:
On a motion by Nenarella seconded by MacDonald the Finance Committee voted to approve the
minutes of March 19, 1997 by a vote of 5/0/2.
Reserve Fund 'T'ransfer
On a motion by MacDonald seconded by McDonald the Finance Committee voted to approve the
transfer of $18,000.00 to the Snow and Ice account (01-321-5400) by a vote of 7/0/0.
Bill Brown, Bill Bogaert and Bruce MacDonald presented their recommendations regarding the
three site options being considered for Police Station Project. Project cost estimates were
distributed by Bruce MacDonald to the Finance Committee Members.
A motion was made by MacDonald and seconded by Green to recommend "Action Pending" for
j articles 14, 16 and 17.
A motion was made by White and seconded by McDonald to amend the "Action Pending"
motion changing it to "No Recommendation" . This amendment was approved by a vote of 8/0/0
and became the main motion. The Finance Committee agreed to submit "No Recommendation"
for articles 14, 16 and 17 by a vote of 8/0/0.
A motion was made by Grimm and seconded by MacDonald to recommend that under Article 15
the source of funding be through debt authorization. This motion was approved by a vote of
8/0/0.
A motion was made by Grimm and seconded by MacDonald to recommend Article 12
(renovations at Birch Meadow) in the amount not to exceed $600,000.00. This motion was
approved by a vote of 8/0/0.
A motion was made by Grimm and seconded by MacDonald to reconsider Article 8. This motion
was approved by a vote of 8/0/0.
A motion was made by Grimm and seconded by MacDonald to invoke the provision pursuant to
chapter 44 section 31 D in Article 8. This motion was approved by a vote of 8/0/0.
Motion was made by Green seconded by MacDonald to accept changes in Article 8; striking the
change in B9, adding $84,400 to H15 Snow and Ice and increasing K45 $10,000.00 for a new net
change total of $213,290.00. This motion was approved by a vote of 8/0/0.
A motion was made by Grimm seconded by MacDonald to recommend "Action Pending" for
Article 9. The Finance Committee have asked Town Manager Peter Hechenbleikner to present a
plan on how this article will be financed.
On a motion by MacDonald seconded by Keigley, the Finance Committee voted to adjourn by a
vote of 8/0/0.
Respectfully submitted,
Jim Keigley
Vice Chairman.
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