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HomeMy WebLinkAboutBuilding Finance Committee '1, 0le,So a )f !/ , / 10,9 C BUILDING FINANCE COMMITTEE Members: Seven (7) - Nine (9) members representing a broad spectrum of skills in building construction and maintenance. Purpose: To advise the Selectmen, School Committee and Town Meeting on the capital investment needs/requirements for all Town and School Buildings. The goal for the committee is to develop a fiscally responsible capital investment plan that provides the town with modest and serviceable public buildings that reasonably meet the use and service demands of the community Background: The 1993 Annual Town Meeting appropriated funds to hire a qualified engineering firm to inventory the condition and capital needs for all school and town buildings. A report has been completed by Archetype Engineers which generally inventories all capital building and equipment requests from the building managers and users. This inventory needs to be analyzed, characterized and prioritized from which a fiscally responsible capital investment plan must be developed and presented to the community Authority: Five (5) of the Committee members will be appointed by the Board of Selectmen and two (2) to four (4) members by the School Committee. The Appropriation and Capital Expenditures Committees, School Committee and Board of Selectmen should all appoint liaisons. Staff Support: School Committee to designate appropriate staff support. The Town Manager will designate Frank Fields, Town Engineer and Fred Sweet, Building and Maintenance Superintendent to support this committee.