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HomeMy WebLinkAbout1993-01-28 Capital Improvements Advisory Minutes7 CAPITALIMPROVEMENTS ADVISORY SUBCOMMITTEE MINUTES OF JANUARY 28, 1993 PRESENT: Mark Huber Jim Keigley Bill Murphy Victor Petri The minutes of January 16, 1993 were accepted on a 4-0-0 vote. Discussion included: • Wrapping up the subcommittee's proposed charter. x A tentative title for the subcommittee's first deliverable. The word "policy" was stricken and the word "recommendation" was inserted. • Recommendation statements: - A strategy for developing a target percent, (point versus range), of the operating budget for the general operations to be devoted to capital improvements. - The need to establish criteria for ranking projects in their relative order of priority within the overall scope of Reading's needs and the sensitivity of this particular issue. Further alternatives to be included as "Recommendation Statements" in the subcommittee's first deliverable. A list of informational items was developed and submitted to Town Manager, Peter Hechenbleikner, for the purpose of aiding the subcommittee in developing its (to be) recommended target percent of the operating budget for the general operations to be devoted to capital improvements. * Meeting Adjourned. Respectfully Submitted ~e st iz-- Mark D. Huber