Franklin Finance Committee Minutes
November 30, 2010
Council Chambers
Present:
Chris Quinn (CQ), Jim Roche (JR), Phyllis Messere (PM), Juan Rivera (JRIV), Mark Cataldo (MC),
Linda Huempfner (LH), Pat Goldsmith (PG), Rebecca Cameron (RC), Robert Teixeira (RT)
Brett Feldman arrived at 7:05PM.
Absent:
None
Jim Roche stated the meeting was being recorded.
Agenda
Item# Motion/2nd Discussion, motion, agenda item Vote
Noting a quorum present Jim Roche
called the meeting to order at 7:00PM.
Brett Feldman had not arrived to vote on the following
actions.
PG/MC Motion to elect the following as officers 9-0-0
of the Finance Committee:
Jim Roche – Chairperson
Rebecca Cameron – Vice Chairperson
Phyllis Messere - Clerk
MC/LH Motion to approve the minutes of 9-0-0
the September 7, 2010 meeting.
Brett Feldman has arrived and is
now voting.
RT/MC Motion to recommend a Bond 10-0-0
Authorization of $2,000,000 for
School repairs for the following
schools:
Parmenter $245,000
Kennedy $1,090,000
Jefferson $630,000
High School track $60,000
Balance of money will come out of the schools accounts.
2011 Capital Budgets Requests
School Department requested the following:
Vans (2) $57,000
Textbooks $115,000
Technology $147,000
Town Technology
Servers, Fiber Optics $20,000
Anti-virus Licenses $12,000
Police Department
Total $174,000
Cars $121,000
Vans $53,000
Fire Department $108,000
Protective Clothing and Dispatch
technology equipment $80,000
Vans $28,000
Rebecca Cameron recused herself for voting on the following items as she is related
to Brutus Cantoreggi.
MC/PM Motion to approve an authorization 9-0-0
to borrow $7,500,000 for Water
Infrastructure Improvements.
MC/BF Motion to approve the transfer of 9-0-0
$1,200,000 from the Water Fund
Retained Earnings to the Water Capital
Project Fund.
MC/PM Motion to approve the transfer of 9-0-0
$300,000 from the Sewer Enterprise
Fund Retained Earnings to the Sewer
Capital Project Fund.
MC/LH Motion to approve the transfer of 9-0-0
$200,000 from Free Cash to DPW
Capital Projects – Road Improvements
MC/BF Motion to approve the transfer of 9-0-0
$200,000 from the Hotel/Motel Tax
Account to DPW Capital Projects –
Road Improvements.
A total of $400,000 was requested.
Rebecca Cameron is now voting again.
MC/BF Motion to approve the transfer of 10-0-0
$633,000 from Free Cash for the
purpose of funding the 2011 capital
plan.
MC/BF Motion to transfer funds from the Open 10-0-0
Space Trust for the demolition of house
located on the DelCarte property and all
related costs.
Old Business: None
New Business: None
Adjournment: Meeting adjourned at 9:35PM.
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