TOWN OF COLCHESTER
BOARD OF FINANCE – REGULAR MEETING
TOWN HALL
127 NORWICH AVENUE
Wednesday, February 3, 2010 – 7:00 p.m.
MOTIONS
Members Present: Chairman Bruce Hayn, Rob Tarlov, Cathy Pompei, John Ringo, Rob Esteve
Members Absent: None
Others Present: Rosemary Coyle, BOS; Gregg Schuster, First Selectman; Gregg LePage, Treasurer; Maggie Cosgrove, CFO; Mike Caplet, Mike Misiewicz, Ms. Vullo.
1. CALL TO ORDER: Chairman Hayn called the meeting to order at 7:00 p.m.
2. APPROVAL OF PREVIOUS MEETING MINUTES
2.1 January 20, 2010 Regular Meeting: J. Ringo motioned to accept the minutes of January 20, 2010, seconded by R. Tarlov. All members present voted in favor. MOTION CARRIED.
3. CITIZENS COMMENTS:
4. ADDITIONS TO THE AGENDA: J. Ringo motioned to move BOE Liaison to this point in the meeting, seconded by R. Tarlov. All members present voted in favor. MOTION CARRIED.
BOE Liaison – (Ron Goldstein):
R. Esteve motioned to approve an Appropriation from General Fund Designated Fund Balance to Transfers out to BOE Capital Reserve in the amount of $65,922 ( the unexpended balance of the BOE budget for the fiscal year ended 6/30/09 as reflected in the audited financial statements), seconded by J. Ringo. All members present voted in favor. MOTION CARRIED
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5. BOARD VACANCY INTERVIEWS: Mike Caplet and Mike Miskiwichs were interviewed.
6. EXECUTIVE SESSION TO DISCUSS BOARD VACANCY INTERVIEWS:
R. T. motioned to go into Executive Session, seconded by R. Esteve. All members present voted in favor. MOTION CARRIED.
The Board entered into Executive Session at 8:00 p.m.
R. Esteve motioned to come out of Executive Session, seconded by J. Ringo. All members present voted in favor. MOTION CARRIED.
The Board came out of Executive Session at 8:12 p.m.
7. POSSIBLE DECISION ON APPOINTING SOMEONE TO FILL THE BOARD VACANCY:
C. Pompei motioned to appoint Mike Caplet to the BOF, finishing out the term vacated by Brian Smith until the next municipal election, with a term to expire November 21, 2011, seconded by J. Ringo. All members present voted in favor. MOTION CARRIED.
First Selectman Schuster swore Mr. Caplet in at this time.
8. DEPARTMENT REPORTS
5.1 Finance Department:
5.2 Tax Collector: No report
9. FIRST SELECTMAN’S REPORT:
9.1 Selectman’s Agenda:
9.1.1 Transfer Requests
• Budget Transfer for Library: R. Tarlov motioned to approve the library transfers (attached), seconded by R. Esteve. All members present voted in favor. MOTION CARRIED.
• Transfer/Additional Appropriation for Heat & Equipment Repairs: J. Ringo motioned to approve the transfer for Heat & Equipment Repair (attached), seconded by C. Pompie. All members present voted in favor. MOTION CARRIED.
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9.1.2 First Selectman’s Update:
10. CORRESPONDENCE:
11. LIAISON REPORT:
12. OLD BUSINESS:
13. NEW BUSINESS:
14. ADJOURNMENT: R. Esteve motioned to adjourn, seconded by J. Ringo. All members present voted in favor. MOTION CARRIED. Chairman Hayn adjourned the meeting at 8:12 p.m.
Dawn LePage, Clerk
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