MINUTES
BOARD OF FINANCE
DECEMBER 20, 2005
A REGULAR MEETING of the Board of Finance was held on Tuesday, December 20, 2005 in the Council Chambers.
Those in attendance included Mayor Ryan J. Bingham, Board of Finance members Daniel Farley, James Zeller, Joseph Nader, James Nichol, and Bruce Cornish, Corp. Counsel Albert Vasko, and Comptroller Alice Proulx.
Mayor Bingham called the meeting to order at 4:04 p.m.
MINUTES #015
On a motion by Mr. Cornish, seconded by Mr. Farley, the board voted unanimously to accept the minutes of the special meeting held November 22, 2005.
OPEN TO THE PUBLIC #030
On a motion by Mr. Cornish, seconded by Mr. Zeller, the board voted unanimously to open the meeting to the public. There was none.
ERA II #050
On a motion by Mr. Cornish, seconded by Mr. Zeller, the board voted unanimously to approve the payment of $10,000.00 from the Sanitary Sewer Capital Improvement Fund #490 to ERA II for the installation of sanitary sewers regarding Newbury Brook.
W. JUDSON REED, JR. SRA #065
On a motion by Mr. Farley, seconded by Mr. Cornish, the board voted unanimously to approve the payment of $300.00 from Contingency to W. Judson Reed, Jr. SRA for professional appraisal services rendered.
SRS REMOVAL ACTION TRUST #085
On a motion by Mr. Cornish, seconded by Mr. Zeller, the board voted unanimously to approve the payment of $1,494.87 from Contingency to SRS Removal Action Trust for Assessment #19.
BYRNE & BYRNE #100
On a motion by Mr. Cornish, seconded by Mr. Zeller, the board voted unanimously to approve the payment of $1,300.00 from Contingency to Byrne & Byrne for the Dziedzic Properties, LLC vs Torrington Zoning Board of Appeals matter.
BUS: MAYOR & BOARD #135
On a motion by Mr. Cornish, seconded by Mr. Zeller, the board voted unanimously to consider business presented by Mayor Bingham and members of the Board of Finance.
Mr. Cornish inquired about the $225,000.00 in the City Clerk’s budget in the financial reports.
Mr. Quartiero explained that it pertains to the $30.00 fee for each land record recorded of which $26.00 goes to the state for land preservation, $3.00 stays with the city for LOCIP and $1.00 stays in the City Clerk’s office for preservation. The budget was finalized prior to the state passing legislation for the town clerks to collect the fee. It’s a wash.
Ms. Proulx indicated that she will be presenting an amendment to the Council and the Board of Finance on this matter.
Mr. Nichol stated that a teacher had approached him in regard to having a problem receiving supplies that were to be paid through grant funds because the suppliers were not accepting drafts from the city. He asked Mr. Cornish, the BOE liaison, if he was familiar with the situation.
Mr. Cornish said he was familiar with one such incident whereby the purchase orders were not being accepted. He wasn’t certain if this was what Mr. Nichol was referring to.
Ms. Proulx stated that she could look into it if the board so desired.
Mr. Nichol said it could be a minor issue, but we shouldn’t be passing up free money coming into the system.
All board members said they looked forward to working with Mayor Bingham and they all wished each other happy holidays.
Mayor Bingham stated that several people had expressed an interest in filling the vacant seat on the Board of Finance, and hoped that an appointment could be made prior to their next meeting. He further stated that any recommendations or suggestions from this Board of Finance would certainly be welcomed.
Secondly, Mayor Bingham asked the board to start thinking about where they would like to see the mill rate set at. He looked forward to sharing any thoughts, concerns, or questions with the board.
ADJOURNMENT #335
On a motion by Mr. Zeller, seconded by Mr. Farley, the board voted unanimously to adjourn at 4:16 p.m.
ATTEST: JOSEPH L. QUARTIERO, CMC
CITY CLERK
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