Finance Committee and Capital Improvement Committee Agenda
Bellingham High School Library
Wednesday, October 8, 2014, 6:45 p.m.
1. FinCom Present:
CIC Present:
2. FinCom Absent:
CIC Absent:
3. Meeting called to order: 6:45 p.m.
4. PULASKI BLVD – NORFOLK STREET TO AUCLAIR STREET ($150,000)
From July 14, 2014 Meeting: Amount requested $150,000. This project is a top priority and is to replace and upsize the 6" water main to 8". The cost is based on $150/foot with services for 1,000 feet. This project was funded at the 2014 May Town Meeting from borrowing. He would like to amend the funding to be transferred from water surplus
No action taken. The final cost figure is not available. This is rescheduled to October 8, 2014 meeting.
5. ARTICLE 5. CAPITAL OUTLAY (Expenditures $50,000 & Over)
DPW: Changes in funding/amount/project, per Donald DiMartino email dated 10/2/2014:
Article 5 - Capital over $50K Changes
- Pulaski Boulevard water mains– Estimated need for $150,000 – Actual Need $170,000 – from Water Surplus
- Mill Street water mains – Estimated need for $60,000 – Actual Need $67,000 – from Water Surplus
- Cross St. water mains – Approved request for $165,000 to plan, permit, and construct – Funds are needed elsewhere; therefore, cutting out Construction – Change request to $20,000 – Change funding source to “Transfer from Water Expenses Article 3, May 2014 TM”) This could now be moved to Article 6 – under $50K
a. DPW: Mill Street – Isolated Water Main Replacement – $60,000
From Donald DiMartino: This is a new request - I will not know exactly what is needed until bids are opened on October 3rd. Funding will be from Surplus or Transfer from FY2015 Water Enterprise budget (Excluded Debt).
This will be scheduled to the October 8, 2014 meeting.
b. DPW: Locust to Wrentham Road Water Main Loop - $60,000.00 (Water Surplus)
This project will install an 8" water main between the end of Locust Street and Wrentham Road. This will provide a 70% improvement to fire flow. This amount is for planning/design. An additional $270,000 will be requested for construction in 2016.
6. ARTICLE 6 - NON-CAPITAL OUTLAY EXPENDITURES (Less than $50,000) (Board of Selectmen
DPW: Changes in funding/amount/project, per Donald DiMartino email dated 10/2/2014:
Article 6 – Capital under $50K
a. Highland Street water Estimated need for $45,000 – Need $45,000 – FUNDING $30,000 from Water Surplus - $15,000 Transfer from Water Expenses Article 3, May 2014 TM
DPW; Highland Street – Water and Service replace and upsize 2” to 6” – $45,000 –
This is a new request – I will not know exactly what is needed until bids are opened on October 3rd. Funding will be from Surplus or Transfer from FY2015 Water Enterprise budget (Excluded Debt).
This will be scheduled to the October 8, 2014 meeting.
b. Police/Fire Department - New ATV - $17,000.00
This 2-seat ATV would be used to deter and crack down on ATV and dirt bikes riding through Town. The Town received an $8,000 grant towards this purchase; the Town’s cost is the $17,000 balance.
No action taken. Rescheduled to October 8, 2014.
c. School Department - Widen Driveway at Middle School - $15,000
This request is to widen the asphalt driveway at the Middle School to allow for all busses to fit in the drop off and pick up lane.
7. ARTICLE 2. AMEND ARTICLE 2 – TRASH ENTERPRISE (Board of Selectmen)
10/2/2014: From CFO: Just wanted to remind you that Article 2 – Amend Trash Enterprise will need to be discussed.
We have already discussed an increase in the budget for FY 20145 of $75,000.
A second item to address will be to raise revenue (from surplus) to make up for the shortfall in FY 2014. I will explain more fully later.
8. NEW BUSINESS:
a. Mail:
b. Will there be a Capital Improvement Committee meeting on October 13, 2014?
9.
Bills:
b.
Adjourned:
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