HomeMy WebLinkAbout1992-11-23 Capital Improvements Advisory MinutesICI NUIrRs ov NOV- ~3r- . 9 1-092
EO ' O FSO
The meeting was called to order at 6:00 pm. Peter gave
a brief outline of the last three meetings in order to
bring the new members, ( George Thompson and Victor Petri)
up to date. We were then introduced to the town of Reading's
general purpose financial statement as of June 30, 1992. We
then went into a lengthy discussion on projection of
expense for capital improvements.Peter went over the towns
revenues and other resources. Debt management and debt
service were other topics which were involved in the dis-
cussion. Peter asked the committee to set a target for tax
supported debt service.
At 7:30 Pm the members looked over the minutes of Oct
7th, Oct 28th, and Nov 10th and then voted to accept them
as submitted. The vote was 3 0 2 with George Thompson and
Victor Petri abstaining since they were not at the meetings.
Election of officers was next on the agenda.
Jim Keigley volunteered to the position of chairman which
would expire on June 30, 1993. Mark Huber seconded the
nomination. Voted 5 0 0 . Mark volunteered to fill the
position of vice chairman. Bill Murphy seconded his
nomination and it was voted 5 0 0 . George Thompson then
volunteered to fill the position of secretary. Mark
seconded and the vote was 5 0 0.
The members then agreed on Monday, Nov 30th for
their next meeting. The meeting will be held in the Town
Mall at 6:30 PM. A meeting for saturday Dec 12th was also
scheduled. The purpose of this meeting is to inspect the
main streets and back roads of Reading. We will meet in the
parking lot, of town hall at 8:00 am.
The meeting was adjourned at 8:00 pm.
RESPECTFULLY SUBMITTED
James A Keigley