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HomeMy WebLinkAbout2000-03-15-CEC-min Proposed Minutes for Capital Expenditures Committee Meeting March 15, 2000 The Capital Expenditures Committee met with the Board of Selectmen, the School Committee, and the Appropriation Committee in a mini-Summit at 6:45pm at Clarke School. A majority of the Committee was present. The following minutes are excerpted from Deborah Brown’s e-mail summarizing the meeting: The Selectmen agreed to take the additional $125,505 proposed for roads and reduce it by $24,136 (to pay the difference between $97,000 required for DPW dumper/sander and the $72,136 requested for DPW equipment from the tax levy under Article 8.) They also agreed to recalculate the 5% for cash capital using the revised general fund figures, per Cap. Exp. Comm. recommendation. This recalculation reveals an additional $7199 for cash capital. $125,505 -$ 24,136 +$ 7,199 --------------- $108,568 The two finance committees and the Selectmen voted to add this to the $500,000 for roads subject to override for a total of $608,568 for roads under Article 8. The meeting adjourned at 7:30pm. Minutes by Deboarh Brown & Tom Griffiths