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HomeMy WebLinkAbout1996-01-18 ad Hoc - Capital Improvements Advisory MinutesV ' 1 V CAPITAL IMPROVEMENTS ADVISORY SUBCOMMITTEE $ i w MINUTES January 18, 1996 PRESENT: G. Thompson, R. Cavicchi J. Keigley R. McDonald Chairman C. Peacock P. Hechenbleikner o The meeting was called to order at 8:00 p.m. at the Town Hall. o Minutes of the meetings 12/14/95 and 01/04/96 were presented and a motion to accept the minutes was made by J. Keigley and seconded by R. Cavicchi. Voted 5-0-0 o The date of the next meeting was set for 02/01/96 at Coolidge Middle School, at 7:00p.m. with Dr. Harantunian. o The updated 10-year capital improvement plan was presented by P. Hechenbleikner. After much in-depth discussion, a motion was made by J. Keigley to amend line item PWB9 (Remodel Police Station) to have 60% of the principal, plus interest, be funded by a Debt Exclusion Override. Motion was seconded by G. Thompson and was voted 5-0-0. o G. Thompson agreed to write a memo to accompany the C.I.P. package to be issued by the Town Manager. o The meeting adjourned at 10:45 p.m. Richard E. McDonald