3/19/1996 FINANCE COMMITTEE Minutes

Home Browse Search

Page 2 Annual - Mr i. Bacigalupi Motioned. to approve Article 1, Mr.. Kumin .seconded and members approved 4-0, The group agreed o wait until their following meeting to vote on Articles 2 and 3 , The group agreed to ignore Article 4, hoping that it would be pulled f roe. the Warrant. The group also decided to wait on Articles 5 and 6. Mr.. Bacigalupi Mioned to approve Article 7 and recommended that the school also utilize this Network Administrator until it is fully operational, Mr, Kumin agreed and members voted 4-0. ' Mr. Bacigalupi Motioned to approve Articles 8 . 9 and 10, Mr. Kumin seconded and members approved 4-0, Mr. Bacigalupi Motioned to NOT approve Article 1I . Ms. King seconded and {members approved 4-0. Mr.- Kumin Motioned to approve Article 12 through Article 17. Article 18 has been removed. Mr. Bacigalupi Motioned to approve Article 1 , Ms. King seconded and members approved -0. The Finance Committee had previously voted against Article 20 and still agree to NOT recommend., After some discussion, the. Committee agreed that they were all in favor of this Article but that it should have an age requirement and or handicap. Mr. Bacigalupi Motioned to leave the Article as worded in the Warrant. Mr. Kumin seconded the Motion and members approved 4-0, Mr. humin Motioned to accept Articles 22 and 23, Ms. Krug seconded and members approved 4-0, The group agreed to hold Article 24 until their next meeting. Mr. Bacigalupi Motioned to approve Article. 25 through Article 28, The Committee seconded and voted 4-0. Article 29 has k ' been delayed until October. The Finance Committee approved Article 30, Article 31 has been removed, Mr. Kumin Motioned to approve Article 32 through Article 35, Mr, Watt seconded the Motion and members approved 4-0., Bufleheac Bay Ms, King mentioned that she had not expected this to oast the Town anything, Mr, Watt stated that Palmer and Blackett+ were coming t the- Finance Committee meeting next week to discuss the purcae, Mr, Watt explained that the Town's contribution '.s $250,000. He explained that if this goes down at town Meeting, the group will still have the option to buy, but will need to fond private funding. It is a great deal. All members agree that it is a great deal but that itomes at a bad time. Ms. King's concern was the monetary issue, She explained that it would be very difficult to tell the school Department that the 'down cannot afford to educate children, but can purchase land. Mt. acigalupi mentioned that 'he felt the purchase should be made, but bond it over a ten year period with the money coming from the Cranberry Bog receipts. Ms. King agreed that this was a great idea to even have the Cra'nbe' rry Receipts provide 75% of the cost. Mr. matt mentioned that this i probably the last chance to rake this purchase. If purchased by a developer, there is always a possibility of more students moving into Town.. The group adjourned their meeting at 7:5 0 M, The next meeting is on Tuesday, March 26 , 1996 at ' :o oM. Minutes respectfully submitted by Jean M, Mooney, Board secretary.