HomeMy WebLinkAbout1993-02-18 Capital Improvements Advisory Minutest..... r improvements
a. Advisory Subcommittee
,"iTI:
;t i:.'. I'd i"••, C,....
February 18,i9%
Presents li: t•.. t:.c' 4 i. ;:r"•,,r a t..,''i .'.I
rhrk Huber, Vice Cha:
George Thompson, Secretary
William Murphy Victor Petri
Peter p,. e a.., .
, meeting was held at the Conference Room in the Reading Town H a l l .
The meeting was d to order at 7,05 p.m.,
distributed a draft letter 2r-.~,.! t.i!.'. Subcommittee k
...w.• the Finance
Committee. The letter ...Y r.-!. the Subcommittee's activities .ri nI; asks the
Finance Committee to approve an expansion t::.';' the s role of the Subcommittee.
This proposed expanded role was described in 1:it mission statement prepared by
the letter. •...3 t..! v.1.: } and a, ...a attached i.. the The t.._ t i ...r ,,.r, d ! t t _ agreed to accept the e letter drafted j
s Bill. The final letter will be e signed by
Chairman 5.7 im K:...7, C:,l.... y .,'a''-.i'td given to •f"."tC::. Finance Committee.
;
Mark Huber, ,'l':. a. . draft of various criteria that hj could i::.' the
d ' tom' 4.d "ii:°i' i..3
..i %,..i,..} 5..:. 2 S i i l,. C.. to evaluate capital projects. Subcommittee discussed 'i«. ~``.a.::
arious criteria which included,,,.
o Return an investment a Customer service,
o Employee morale Safety
? ; Laws and regulations ,a Equipment integrity
C;3 Operating improvements Frequency , of use
;".a Operational savings Public preference
a Loss due to omitting project
"
George Thompson agreed to expand upon the draft criteria for i,.i, next
meeting,
ti ii':::''•.. ,...~t..;,...5- ...e .~.:.1 ~.3't 1 distributed t.. : ~7 i::71t+.:':: S t1:.. funding t't'i;... capital
, :".,.....y::r.. _ 7•.` a . i,..., projected improvements ' t.. for ...{.:::;;....$j '•r.' ti:• I 1 '~'I.. worksheets i«:°' ; i` ' i• 2004. .i3. funding
estimates with and without .al Proposition .r,:` 1/2 override,
The next meetings were scheduled i:.'1.. l+,..2 i°q'.:a
Reading Memorial 4 .f. h Scholl at B:30 a.m., and
February 1 at the Town l Conference Room at f'i r,^5 p.m.
The t t..._ 5.,.....s. i i o - t='i ..i cY f . e , at 045 p.m..
e ( . a.._:._D a i'r' et:a w