2011-03-14-AC-min - Laserfiche WebLink

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March 14, 2011 8(k) Vote: Approved 9-0-0 If Article 33 is approved and the grant funds are received in time, $800k will be from CPC and $500k from grant funds. 8(l) Vote: Approved 8-0-1 As the State match is falling, Mr. Michelson will check to see if there is an anticipated net surplus from the prior year. Article 13(b) through (l) -Appropriate for Public Facilities Capital Projects. It was noted that for component (b) -Estabrook School Feasibility and Related Street Access Improvements,the dollar amount for the road improvements part is now $100,000 rather than $200,000 and it only covers design and engineering. A motion to recommend approval of components (b) through (l) of this article was made and seconded. Vote: Approved 8-0-1 Article 13(a) -Appropriate for Public Facilities Capital Projects: Bridge and Bowman Schools Renovation Design, Development and Engineering. A motion to recommend approval was made and seconded. Vote: Approved 7-0-2 Article 17 -Reduce Community Preservation Act (CPA) Surcharge (Citizen Article). A motion to recommend approval of this article was made and seconded. There was further discussion of the proposed reduction including its repercussions on debt exclusions for other projects. A motion was made and seconded to table this. Vote: Approved 8-1-0 Article 4 -Appropriate FY2012Operating Budget.Mr. Niemy distributed a draft motion updated 3/11/11 in which the use of free cash was updated to include the amount that was unallocated during the summit process. The Committee would like to be informed of what the offsetting revenue reduction will be to balance this. Mr. Niemy will ask Mr. Addelson. The meeting adjourned at 10:26 p.m. A list of documents and exhibits used at the meeting is attached. Respectfully submitted, Andrea Yepez Recording Secretary Approved March 23, 2011 4