1989-FINANCE COMMITTEE - Laserfiche WebLink

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Finance Committee February 7 , 1989 Page 3 . Carole informed the Committee of the cost to rent. the tractor, chipper and sweeper that Ernie has requested as capital items cost $21 , 000 per year . The Finance Committee was inclined to defer the tractor and the sweeper , however they were in favor of the wood chipper at $12 , 000 . The Finance Committee was in agreement that the total cost $150 , 000 of the Rte . 151 Traffic Light should be the responsibility of Fields Point . They did not feel that the town should have to pay 50% of this as it was to the benefit of the Fields Point Corp . Carole stated that Ernie Virgilio feels that the recycling program ( $50 , 000) should be self-funding . Finance Committee members debated the need for the town gas station ( $175 , 000) . Virgilio feels the town will save $4 , 000 to $6 , 000 per year . There is a fool-proof system of control . Ed questioned whether this was really cost-effective and questioned the environmental impact . Bill Towner was concerned with liability . The Finance Committee proceeded to review the Executive Secretary ' s opinion of the Capital Program . The Finance Committee noted their position . Voting machines - $22 , 065 - recommend action at annual Town Meeting . Mapping project - $300 , 000 - 22' override . Town Hall architect - $43 , 200 ( $480 , 000 new debt ) The Finance Committee felt that there is a need to establish priorities on architectural fees . This should be a 2; override . Town Hall ( Davis School ) - $9 , 450 ( $105 , 000 new debt ) boiler/ heating system . The Finance Committee agreed with the Executive Secretary to recommend a deferral to a special meeting later in the year . Town Hall truck - $15 , 000 - This request is now for a mini. van and the Finance Committee members felt they needed more facts about how it was to be used . Police cruisers - $43 , 950 - Finance Committee agreed with the Secretary ' s recommendation. This should appear as a line item in the police budget . Fire station compressor - $31 , 500 - Finance Committee felt this should be deferred . Fire Station architect - $60 , 000 - Finance Committee again stated their belief that arch:i.tectural projects should be prioritized .