Town of East Windsor Board of Finance
Minutes of Regular Meeting of September 17, 2008
Chairman DeSousa called the meeting to order at 7:34 p.m. in the Town Hall Conference Room.
Present: Chairman DeSousa and Finance Board Members Bowsza, Floyd, Kubick, Mannette, Alternate Pippin, and First Selectman Menard. Absent: Little
APPOINTMENT OF ALTERNATES
Upon motion by Mr. Mannette, seconded by Ms. Kubick, it was unanimously
VOTED: To appoint Ms. Pippin to a full voting member for the night's meeting.
PUBLIC PARTICIPATION
None
PREVIOUS MINUTES
Regular Meeting – August 20, 2008
Mr. Mannette moved, and Ms. Pippin seconded,
MOTION: To approve the minutes of August 20, 2008, as presented.
Voting for the motion: Bowsza, Floyd, Mannette, Alternate Pippin
Abstaining: Kubick
The motion passed.
COMMUNICATIONS
Legal Bills
Distributed
B. Proposal Town of East Windsor Scope of Services
Ms. DeSousa presented a proposal from former Treasurer Mary Szabo.
The proposal is for consulting services to the First Selectman relating to the 2007-2008 town audit. The term of the agreement will be from August 1, 2008 to November 30, 2008, with an extension by mutual agreement.
C. Tax Appeals
1. Windsor Hospitality, LLC
2. East Windsor Restaurant, Inc.
3. Riverview Plaza Management, LLC
D. Estimates of State Formula Aid to Municipalities
Distributed
TREASURER’S REPORT
Consultant Ms. Linda Sivitsky reported that the cash position could be higher.
As of September 16, collections received equal $11,409,885.
MONTHLY REPORT
None
OLD BUSINESS
Warehouse Point Fire District – Replacement of Engine 238
Ms. Sivitsky reported that there are three options to consider if the town is going to purchase a new engine truck.
1. Find internal resources and pay cash
2. Enter into a lease agreement, which could take three to five years to pay
3. Borrow the money
She said she would put the lease option at the bottom of her recommendations. She added that East Windsor's debt structure would be favorable at this time.
Mr. Mannette said that he would like to see more information about debt service. The other Board members stated that they were ready to move forward with the project.
Ms. Sivitsky added that the Board could pay for some of it with cash and bond the rest.
The Board decided that everything could be resolved by the regular meeting on October 15.
B. Annual Report for 2007-2008 - Deadline letter and procedure changes
The letter sent out by the First Selectman asked agencies to send their annual reports electronically to the First Selectman's Office. The deadline is September 26.
Mr. Floyd will ask Judi Rajala to help edit the report. He will also get cost and higher a printer. The selectman's office is ready to help.
Upon motion by Mr. Bowsza, seconded by Mr. Floyd, it was unanimously
VOTED: To go out of order to take up Agenda Item VII.A.
OUT OF ORDER
Mr. Ed Leibozek, representing the WPCA, said the WPCA received $25,000 in CIP to do a study on the five oldest pump stations which are 20 to 40 years old. He stated that for the same cost they could change out the control systems doing much of the work themselves. He requested that the $25,000 be used to continue the conversions rather than do a study. Discussion followed.
Upon motion by Mr. Mannette, seconded by Mr. Bowsza, it was unanimously
VOTED: To move $12,500 from CIP to Account #1-01-55-9447-7-799-0911-0, Pumping Station Upgrades.
RETURN TO AGENDA
C. Budget Process Concerns Addressed by Board of Selectmen 9/2/08
The Board discussed getting financial disclosures from all Town agencies. More discussion will follow at the October 15th meeting.
VI. New Business
A. Compensation Time Liability
A study needs to be done on comp time. Ms. Menard is working on getting the information to the Board.
VII. RECOMMENDATIONS FROM THE BOARD OF SELECTMEN
Already discussed above.
VIII. PUBLIC PARTICIPATION
None
VIII. ADJOURN
Upon motion by Mr. Bowsza, seconded by Mr. Floyd, it was unanimously
VOTED: To adjourn at 9:37 p.m.
Respectfully submitted,
Linda Nolan
Recording Secretary
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