MINUTES
November 27, 2006
UNAPPROVED
The meeting was called to order by Chairman Joseph Mooney at 7:30 p.m. Also present were Kenneth Kaminsky, Lorraine Young, Jeffrey Vailette, Victor Cassella and Charles Shelton, Jr.
Also present were Selectman Richard Sullivan, Selectman John Opie, Marianne Kelly, Town Clerk, and Jim Finch, Finance Director.
1. Mr. Cassella made the motion, seconded by Ms. Young, to approve the amended minutes of the October 30, 2006 meeting. The motion was passed by unanimous vote.
2. The Board of Finance heard a presentation from Merrill Lynch and Wachovia Securities with regard to the performance of the town’s police/volunteer firefighters pension fund for the quarter ending September 30, 2006.
3 The Board considered a request from Capital Projects Manager, Janice Plaziak that will provide local matching funds (25%) for an FHWA grant, for the following transfer:
From: 101-4904-494.59-13 Contingency $( 4,333)
To: 101-4102-402.54-15 Executive $ 4,333
Mr. Vailette made the motion, seconded by Mr. Cassella.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $4,333 as requested by the Capital Project Manager. The vote was unanimous.
Mr. Shelton made the motion, seconded by Mr. Cassella to add the following agenda item requested by the Town Engineer. The vote was unanimous.
4. At the request of Chairman Mooney, the Board of Finance heard an update from Janice Plaziak, Town Engineer, on the Sewer Use Fee. User fee methods-Equivalent Dwelling Unit (EDU) vs. water consumption-continue to be discussed. An ordinance and negotiations must be in place prior to the required 7/2007 implementation date. No action was taken.
5. The Board of Finance heard a request that a recommendation be made to the Board of Selectmen to approve the recommendation of the Solid Waste Management Commission to award a contract for Haul of Municipal Solid Waste.
Mr. Kaminsky made the motion, seconded by Mr. Cassella.
RESOLVED: That the Board of Finance recommend that the Board of Selectman approve the recommendation of the Solid Waste Commission to award a contract to National Carting for Haul of Municipal Solid Waste. The vote was unanimous.
6. The Board of Finance heard a presentation regarding debt payment options related to the Clean Water Fund from Finance Director, Jim Finch. Mr. Finch explained the two payment options. The Board concurred with the Finance Director’s recommendation.
Dated this 22nd day of November, 2006
Respectfully submitted,
Marianne Kelly, Clerk
Board of Finance
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