HomeMy WebLinkAbout1995-10-23 Capital Improvements Advisory MinutesCAPITAL IMPROVEMENTS ADVISORY SUBCOMMITTEE
Minutes - October 23, 1995
J .
Present: G. Thompson, Chairman
R. Cavicchi
J. Keigley
R. McDonald
C. Peacock
P. Hechenbleikner
The meeting was called to order at 7:30 p.m. at the town hall. G. Thompson made a
motion to accept the minutes of the 9/28/95 meeting. It was seconded by C. Peacock
and voted 5-0-0. George then reviewed the 10 year Capital Improvement Plan (1996-
2005). He explained that 6.53% of the town budget is capital, and that presently the
cumulative balance is a negative. Hopefully, the sale of town land will cover this item.
P. Hechenbleikner reviewed Articles 3, 8, and 9 for Fall Town Meeting (3-Capital
Improvement Program Amendment; 8-Appropriation for landfill closure; 9-Cemetery
development) the source of funding for the Ten-Year Capital Improvement Program and
the Ten-Year Capital Improvements Financing Plan. He explained the Finance Plan
discussing FY 1997 with key areas as follows:
• New fire department radio system
• Cash reserves - free cash
• SBAB and cemetery reimbursement
• Sale of Bear Hill and Pearl St. School
Peter then reviewed the Capital Improvement Project Request Form that department
heads will be completing. With input from these forms, Peter's FY 1997 capital
package will be given to the subcommittee by the end of November.
Also, we discussed Town Meeting warrant articles and a possible state grant for the
police station, the town/school technology plan, the town swimming pool and downtown
initiatives. It was agreed to take a tour of capital projects such as the water treatment
plant, newly reconstructed/paved roads, and the recently acquired fire engine. Peter
agreed to set this up for Saturday morning, November 18, 1995, as our next meeting.
The meeting adjourned at 9 p.m.
Robert J: Cavicchi