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HomeMy WebLinkAboutFCMeetingMinutes_01.14.14 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date January 14, 2014 st Meeting Location: Town Hall 1 FL Meeting Room Meeting called to order: 6:45 Alan LeBovidge AL, Chairman Susan Almono SA X Marta Solof MS Timothy Tschirchart TT X X Karin Blake KB Matthew Remis-MRem X X Dan Leary -DL Bill Callahan BC Pat Sifferlen, PS, Admin X X Donald Elliot DE X Non FinCom Members in Attendance OTHERS: Lyne Savage Bruce Thibedeou Note: All FINCOM votes are subject to change upon receipt of new information. Note: Documents used in this meeting are listed in Document Table, herein. II. Previous Minutes Approved DATE 2 AGENDA ITEM A Review and Discuss CIP with DPW Water and Sewer LS would like to note that she will have a memo at next meeting about snow and ice. There have been 16 events and budget is depleted roughly 29K left. BT Budget projects for year are Roadway improvements, Sidewalk Reconstruction, six wheels Dump Truck, and Water and High Street light, intersection road Streetscape improvement. MR: Is Dump truck replacing an older one? BT Yes we always replace usually trade in old one. Roadway improvements large portion going from 840K to 1.2million which is a combination of Chapter 90 (around 600-700K) for major roads and usually get around 400k for subdivision roads. Two projects we want to do 1) culvert on 133/Great Pond Rd 2) Drainage on Peter Street. Sewer Fund discussion (pg. 105) BT trying to make sure debt service low and not impacting water and sewer rates .We pushed the improvements to the various sewer pump stations out a year, not imperative to get done. We are buying a utility truck for 78K (PG111) DE 300K in FY17 for Osgood Street Sewer. BT keeps creeping to right Discussion on 125 development and options for sewer. Water Fund Discussion BT looking what we need to do over a period of time for the treatment plant over the next 5- 7 years doing upgrades. Looking to redo the whole SCADA system runs the treatment plant is out of date replacement parts are hard to find. MR Will the upgrades we do now be integrated to new systems in the future? BT Yes everything will be modular KB Computer for 600K? Al any issues with water towers? BT Pump Stations@ bear hill and Sutton Street are in really good shape. KB where is the pumping station that is being demolished for 265K in FY16 BT: deserted Pumping station on Great Pond Rd. has been pushed off every year MR Any BT We are in pretty good shape. Key is to plan things out. Not a lot of towns that give money for roads. Al How is town with Recycling? BT 22 % of the total. AL: any other questions? Continue with schedule would like to get CPA in on March 18th 3 TYPE FROM TO SUBJECT COMMENTS ITEM # 1 CIP Plan Andrew Maylor Fincom 2 3 IV. Next Meetings January 21,2014 V. Adjournment- Motion: DE Unanimous Seconded: MR Time: 7:50 4 AGENDA ITEM D New Business 5 6