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HomeMy WebLinkAboutFCMeetingMinutes_02.04.15 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date February 4, 2015 nd Meeting Location: 2 floor Conf Room Bill Callahan, BC Chairman Susan Almono SA X Marta Solof MS Timothy Tschirhart TT X Karin Blake KB Liz Gerron LG X X Thomas Ringler TR X Chris Nobile CN Pat Sifferlen, PS, Admin X X Donald Elliot DE Vice Chair X Non FinCom Members in Attendance OTHERS: LS, AM 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. Agenda A Minutes of Prior Meeting January 21, 2015 as amended 2 Agenda B Meet with Town Manager wrap-up CIP and Vote BC: Any questions on any of the CIP Articles? If not we will take a vote. VOTE COUNT General Fund Proposed Action Y N amount Roadway Improvements 1230,000 FAVORABLE 7 0 Sidewalk Reconstruction 75,000 FAVORABLE 7 0 Municipal IT 50,000 FAVORABLE 7 0 Building Maintenance 150,000 FAVORABLE 7 0 4,99,483 FAVORABLE 7 0 High School Track Resurfacing 200,000 FAVORABLE 7 0 School IT 104,881 FAVORABLE 7 0 Total 6,209364 Water and Sewer Proposed Action Y N amount Ozone System Clear well Baffles 70,000 &Detention Tank Upgrade FAVORABLE 7 0 1 Demolition of Pumping Station 250,000 FAVORABLE 7 0 2 Corrosion Study and Repairs of 95,000. Water Pipes FAVORABLE 7 0 3 Chemical Storage Tank and Feed 70,000 System Improvements FAVORABLE 7 0 4 Process Control Computer-update 150,000 FAVORABLE 7 0 5 Improvements to various pump 750,000 stations FAVORABLE 7 0 9 Commonwealth Ave Sewer 125,000 replacement FAVORABLE 7 0 10 BC Excellent presentation by departments. I would like us to start thinking about as we get closer to Town Meeting, the format we should use for our recommendations and our written and oral Presentations. I think it is a good idea to make a presentation. of this .maybe we should explain the process and how we look at values this could add integrity to what is here. The information is here, need to explain how we got here. TR BC we do make recommendations of each financial article. Then we have an overall letter. 3 Agenda C New Business. KB gives overview of RFCC meeting from January 30 th. Also attended MMA meeting, and has website for members to view to see how other communities are compared to us. AM Will present the 2016 budget at the next meeting. No snow numbers yet, will have a deficit should manage through controlling expenditures in other departments goal is to end year without any town meeting action. IV. Next Meetings February 25, 2015 V. Adjournment- Motion: DE Unanimous Seconded: LG Time: 7:30PM TYPE FROM TO SUBJECT COMMENTS ITEM # 1 2 3 4 5