North Stonington Board of Finance
Minutes
Of
Wednesday, April 17, 2013
New Town Hall
North Stonington, CT
1. Call to Order: Chairman Dan Spring called the meeting to order at 7:30 PM. Mike Urgo, Peter Nimirowski, Emile Pavolvics and Brent Woodward were present. Mustapha Ratib arrived at 8:00 PM.
2. Public Comments and Questions: Brad Borden stated concern with material weaknesses that had been reported in recent Town audits and what actions the Board would take if reoccurrences were to happen. Both Dan Spring and First Selectman Nick Mullane expressed confidence that similar weaknesses would not reoccur because of changes in personnel, procedures and having a new Town audit service.
3. Robert Kimball; Economic Development for Public Officials: Robert Kimball, a member of the Economic Development Committee, invited BOF members to a seminar being sponsored by the MetroHardford Alliance on May 30, 2013. The purpose of the seminar is to broaden public leaders understanding of local economic development. Time and location has yet to be determined.
4. Economic Development 2013-2014: Robert Kimball was asked by Dan Spring what actions the EDC was taking in light of the recently published action plan by Garnet Consulting Services, Inc. Robert noted that initiatives #1 and #9, economic team building and business communication, respectively, were in the works. Because economic development has the potential for adding to the tax base, it was stated that the Board would consider any request from the EDC for additional budget if warranted.
5. BOS: Proposed Budget Review; Appropriations; Proposed EMS Complex: Nick Mullane submitted to the Board a list of capital projects and numerous loan schedules for borrowing money to pay them down. These projects and debt redemption are shown below in the table.
Item Cost ($)
Village Green Bridge 269,665
Town Hall Parking Lot Walls 280,000
Hewitt Dam 350,000
Middle School Boiler 150,000
2013/2014 Debt Redemption 328,444
2014/2015 Debt Redemption 342,134
Bucket Truck 40,000
VFC Refurb of Engine #2 112,500
Sewer Study 160,000
Total 2,032,743
No additional appropriations were submitted for action.
Relative to the NS Fire/EMS facility, spokesperson Mark Perkins provided the Board backup documentation associated with the project for review. He was asked to provide the Board with a copy of the “Letter of Conditions.” Emile Pavolvics will coordinate questions/answers. Mark Perkins stressed his desire to get the project to a Town meeting, for approval, on an expedited basis.
6. BOE: Proposed Budget Review: Potential amendments to the proposed BOE budget will be made after consideration of the total Town budget.
7. Tax Reports: The BOS was requested to provide the written policy for collecting unpaid back taxes.
8. Budget Format Review: A sample of the revised budget format was reviewed and comments were generated.
9. Previous Minutes: Mike Urgo moved to approve the minutes of April 10, 2013 as amended. The motion was seconded by Dan Spring and passed 6-0-0.
10. Adjournment: A motion was made by Dan Spring to adjourn. The motion was seconded by Peter Nimirowski and passed 6-0-0. The meeting was adjourned at 11:05 PM.
Respectfully Submitted,
\BBW\
Brent B. Woodward
Secretary, Board of Finance
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