6/16/2016 FINANCE COMMITTEE Minutes

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2 Finance Committee Minutes June 16, 2016 Present: Chris Avis,David DelPonte, Terrie Cook, Oskar Klenert, Jeffrey Pettengill School Committee Liaison George Schmidt Town Moderator Jeremy Carter Absent: Mike Richardson Meeting Called to Order by Chairman Avis at 6:30 p.m. Mashpee Town Hall, Waquoit Meeting Room APPROVAL OF MINUTES May 2, 2016: Motion made by'Mrs. Cook to approve the minutes of Monday,May 2,2016 as presented. Motion seconded by Mr.Klenert. VOTE: Unanimous. 4-0-1. Roll Call Vote: Mr. Avis,abstained Mr.DelPonte,yes Mrs. Cook,yes Mr. Klenert,yes Mr.Pettengill,yes Opposed, none COMMUNICATIONS& CORRESPONDENCE Notice regarding Association of Town Finance Committee Workshops: For informational purposes the Association of Town Finance Committees held three educational workshops this past May. Reviewed topics included Managing your Debt and Credit,Building a Capital Plan, and Planning For and Making Presentations at Town.Meeting. Discussion regarding Mashpee Housing Assistance Program: To improve upon transparency and communication,the Finance Committee agreed to invite the Executive Director of the Mashpee Housing Authority to the July Finance Committee meeting. The Housing Authority Chairman and the State appointed representative Francis LaPorte would be invited as well. It was noted the Finance Committee did not vote favorably for the Mashpee Housing Assistance Program at the May Town Meeting as there were questions regarding the intent of the program, and there is still concern with respect to the financing of the program after the closure of three year term. The program received an overwhelming vote in support of the CPA project at Town Meeting. To further understand the program, it was agreed the invitation would be extended, and questions regarding the program would be compiled and forwarded to the Housing Authority in advance of a future meeting.