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5 <br /> Capital Improvement Committee <br /> Minutes <br /> December 18, 2001 <br /> De artment of Public Works: (continued) <br /> Tractor &Mower- $655000: <br /> Deed for 2 Mower 0 is presently 7 years old). <br /> Additional Melds to mow—over 7 acres <br /> Heritage Park 3x per week, Community Park, etc. <br /> Air Compressor - $203000: <br /> Replaces 1992 —Cost savings to Town <br /> Pave DPW Yard - aO,000: <br /> In need of repair, drainage system <br /> 3,5 Wheeled Loader - $753000: <br /> 3 year lease purchase <br /> Presently, no back up for equipment <br /> Replaces 1997—Trade in value approximately $25,000 - $30,000 <br /> 10 Wheel Dump„- X50,000: <br /> Replaces 1966—Vehicle out-of-service for +years <br /> CIP request for 5 years <br /> Heritage Parr Fields!$250#000: <br /> Funds contained in CIP budget FY3 through FY7 <br /> Town Meeting prior appropriation: $275,000 <br /> Grant funding initiatives sought <br /> Subdivision Road Maintenance - $1 000: <br /> DPW operating budget <br /> Item removed from CIP <br />