Minutes of the Board of Finance Special meeting held on Saturday, April 08, 2006 at 9:00 a.m. at the Old Lyme Memorial Town Hall.
Present: Regular Members: Mark Diebolt, Wayne Devoe, H.P. Garvin, III,
Christopher Kerr, David Woolley
Alternate Members: Adam Burrows, Janet Sturges
Timothy C. Griswold, ex-officio
Absent: Regular Members: Andrew Russell
Alternate Members: Judith Read
Guests: None
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Mr. Diebolt called the meeting to order at 9:03 a.m. Mr. Diebolt explained that the Ambulance Association rescinded their request for additional funding (for two 12 hours shifts versus one 12 hour and one 8 hour shift). There was general discussion about the need to obtain financial information on the Association, we well as the Fire Department. Mr. Woolley agreed to speak with Amy Nickerson, the new President, about this.
A motion was made by Mr. Devoe, seconded by Mr. Garvin and passed unanimously to have Mrs. Sturges vote for Mr. Russell in his absence.
Mr. Griswold discussed the request for $8,000 to fund an option on 50 Lyme Street, the house owned by Malcom Speirs next to the Town Hall. Mr. Griswold said an option period will enable a thorough analysis of whether the property is required for the contemplated addition to Town Hall. After considerable discussion, Mr. Woolley made a motion, seconded by Mr. Garvin and passed unanimously to appropriate $8,000 to the Options on Property line in the Selectman’s budget to fund an option period of up to eight months at $1,000 per month with a possible six month extension at the discretion of the Town at a price to be determined.
Mr. Griswold distributed the FY 2007 budget information and there was general discussion the the Town Budget.
Members were reminded of a District 18 meeting concerning the High School renovation and Central Office relocation to be held on Tuesday 11 April at 7:30 p.m. in the High School Library.
A motion was made by Mr. Kerr, seconded by Mr. Garvin and passed unanimously to adjourn the meeting at 10:06 a.m.
Respectfully Submitted,
Timothy C. Griswold
Ex-officio
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