FOURTH MEETING AUGUST 31, 2005
PRESENT: K. Conlon, J. Conley, W. Connors, H. Crichlow, L. Dee, N. Gray, T. Hurley, S. Keel, B. Mason, P. Nolan, J. O’Connor, L. Walker
ABSENT: D. Biagiotti, T. Lowney, C. Winston
RESERVE FUND BALANCE: $400,000
The meeting was called to order at 7:05 p.m.
The Committee received copies of revised Articles 1 and 7 for the Special Town Meeting; a one-page “Milton Public Library Historical Overview of Borrowing” provided by Library Director Philip McNulty in response to a question from the Committee; and a copy of a press release issued by the Town and Curry College with respect to a Memorandum of Understanding relating to the implementation of a Payment in Lieu of Taxes (PILOT) Program.
Member Gray recused himself from the meeting. A meeting was held with Treasurer Kevin Sorgi and the Town’s financial consultants for bonding matters, Lisa Dickinson and Susan Daubney of UniBank Fiscal Advisory Services, Inc. Ms. Dickinson presented to and reviewed with the Committee various debt schedules relating to the library building project and the Town’s existing indebtedness. Ms. Dickinson also provided the Committee with a debt schedule relating to a potential supplemental bonding for the school building project. Thereafter, the Warrant Committee discussed issues relating to the library building project with Library Trustees Kathy Fagan Bauer and Gene Boylan and Chair of the Library Building Committee, Tom Martinson. Member Gray returned to the meeting.
Town Administrator David Colton reviewed with the Committee Article 5 for the Special Town Meeting, relating to rescission of four borrowing authorizations. Mr. Colton also discussed the Memorandum of Understanding that the Town recently entered into with Curry College.
A conference was held with the Chairman of the School Committee, Glenn Pavlicek, and School Superintendent Dr. Magdalene Giffune regarding Article 2 for the Special Town Meeting.
Following a short recess and discussion, Member Gray recused himself from the meeting. Member Connors moved to recommend that the Town vote to rescind the four borrowing authorizations set forth in Article 5. Member Dee seconded the motion. Member Walker moved to consider the four borrowing authorizations separately, however, such procedural motion was not seconded. The Committee voted 9-1-0 to recommend rescission of all four borrowing authorizations as set forth in Article 5.
Following discussion of Article 1, Member Mason moved to recommend Article 1 in the form drafted by Town counsel and bond counsel. Member Dee seconded the motion. The Committee voted 8-2-0 to recommend Article 1. Member Gray returned to the meeting.
Following discussion of Article 2, Member Dee moved to recommend an appropriation of $136,287 for unpaid bills of the School Department under Article 2. Member Mason seconded the motion. The Committee voted 11-0-0 to recommend an appropriation of $136,287 under Article 2.
The minutes of the August 23, 2005 meeting were approved 8-0-3.
The meeting adjourned at 9:45 p.m.
The next meeting of the Warrant Committee will be on September 14, 2005 at 7:30 p.m.
RESERVE FUND BALANCE $400,000
Respectfully submitted,
Katie Conlon
September 2, 2005
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