BOS - May 5, 2014 - Prior to Annual Town Meeting

BOS - May 5, 2014 - Prior to Annual Town Meeting

Postby Suzanne Kane » Thu May 01, 2014 9:53 am

Prior to Town Meeting
May 5, 2014
Approved May 20, 2014

Call to Order
The meeting was called to order at 6:57 PM in the High School Auditorium.

Board: Tim Bonin (Absent), Keith Brown, Hal Davis, Mike Hughes, Kevin Morse, Michael Guzinski (Town Administrator)
Other Staff and Citizens: Jeanne Lovett (Finance Director)

1. Article Discussions in Preparation for Town Meeting (00:01)
Mr. Guzinski asked if the BOS felt it was appropriate for the Finance Committee to present the actual number requested for the Blackstone Valley Regional Vocational Technical High School renovations instead of the current recommendation. Mr. Morse will make the amendment to change the amount to the one that the Finance Committee recommended.
Mr. Guzinski reported that they do not have all the funds they need for next year’s budget in the Ambulance Billing funds because they have not received May and June. He recommended that the Finance Committee agree to reduce the Ambulance Budget by $114,000 so that expenditures match up with the revenues. They may be able to put that money back in the fall.
Mr. Guzinski did more research on the boiler and piping system for the Municipal Center. The engineering company came up with an estimate of $401,500. At worst, it would be a twenty-one-year payback on oil savings.
Ms. Lovett reported that the Town’s Financial Advisor stated that they would be able to bond the dump truck and backhoe for a 10-year period instead of an 18-year period as long as the interest rates do not spike in the next few months.

2. Adjournment (02:55)
Mr. Morse made a motion at 7:00 PM to recess the meeting until the end of the Town Meeting. Mr. Davis seconded the motion. All – Aye.

Respectfully submitted,

Mary Wright
Recording Secretary
Suzanne Kane
Posts: 655
Joined: Wed May 25, 2005 2:01 pm

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