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<br />Proposed Minutes for Capital Expenditures Committee Meeting March 15, 2000 <br /> <br />The Capital Expenditures Committee met with the Board of Selectmen, the School <br />Committee, and the Appropriation Committee in a mini-Summit at 6:45pm at Clarke School. <br />A majority of the Committee was present. The following minutes are excerpted from <br />Deborah Brown’s e-mail summarizing the meeting: <br /> <br />The Selectmen agreed to take the additional $125,505 proposed for roads <br />and reduce it by $24,136 (to pay the difference between $97,000 required <br />for DPW dumper/sander and the $72,136 requested for DPW equipment from <br />the tax levy under Article 8.) They also agreed to recalculate the 5% <br />for cash capital using the revised general fund figures, per Cap. Exp. <br />Comm. recommendation. This recalculation reveals an additional $7199 for <br />cash capital. <br />$125,505 <br />-$ 24,136 <br />+$ 7,199 <br />--------------- <br />$108,568 <br /> <br />The two finance committees and the Selectmen voted to add this to the <br />$500,000 for roads subject to override for a total of $608,568 for roads <br />under Article 8. <br /> <br />The meeting adjourned at 7:30pm. <br /> <br />Minutes by Deboarh Brown & Tom Griffiths <br />