November 6, 2017 Finance Committee meeting

November 6, 2017 Finance Committee meeting

Postby Mary Wright » Tue Jan 30, 2018 6:25 pm

FINANCE COMMITTEE MEETING
MONDAY, NOVEMBER 6, 2017

A meeting of the Finance Committee (FC) was held on Monday, November 6, 2017 at Douglas High School prior to the Special Town Meeting (STM). Mr. Hogan called the meeting to order at 6:39 PM.

ATTENDANCE:
PRESENT: Ryan Hogan (Chair), Eric Chamberland, Howard D’Amico (Vice Chair), Carol Gogolinski, Leigh Lahousse, Cynthia Shurick
ABSENT: Michael Hutnak (Excused), Pamela Holmes (Excused)
NON-VOTING: Jeanne Lovett (Finance Director), Bill Cundiff (Town Engineer), Atty. Rich Bowen

1. SPECIAL TOWN MEETING-RECOMMENDATINS FOR ARTICLES 7 & 10.
Article 7-Gift of Land-43 Gilboa Street. Mr. Cundiff stated that, for articles 7 and 10, direction was received from Town Counsel and the Assessor’s office for using the assessed value of the property to allow the Town to designate a dollar amount to the parcel. This parcel’s assessed value is $4,300. The funding source will be determined at a later date.
Atty. Bowen explained, if Town Meeting approves this article, it is an authorization for the Board of Selectmen (BOS) to vote a Notice of Taking, which will then go out to the parties that have an interest in the property. A discussion was held.
Atty. Bowen will meet with Mr. Cundiff, the Town Administrator, the Treasurer/Collector and Tax Counsel to ask for a special process for giving notices on the tax taking.
Mr. Chamberlain made a motion to recommendation Article 7 to the Special Town Meeting as presented. Mr. D’Amico seconded the motion. Vote: Aye-4, No-Mr. D’Amico, Mr. Hogan abstained.
Article 10-Subdivision Parcel Takings: Mr. Cundiff stated that the assessed value of the parcel is $16,300.
Mr. Chamberlain made a motion to recommendation Article 10 to the Special Town Meeting as presented. Mr. D’Amico seconded the motion. Vote: Aye-4, No-Mr. D’Amico, Mr. Hogan abstained.

2. OTHER BUSINESS
Ms. Lovett stated that Free Cash has been certified at $1,588,634, and she will be presenting to the BOS tomorrow night. This amount is higher than last year. She will email the information to the Committee.

3. ADJOURNMENT
The Finance Committee meeting recessed at 6:56 PM and moved to the high school auditorium for the Special Town Meeting.

Respectfully submitted,

Mary Wright
Recording Secretary
Mary Wright
 
Posts: 498
Joined: Thu Jan 12, 2012 8:56 pm

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