9/15/1998 FINANCE COMMITTEE Minutes

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s 2 MANCE COMMITTEE OCTOBER.TOWN MEETING WNT: October Town Meetin ,Article 4—Contract Between Town and Local 389,IBPO: Chairwoman Gouiart noted that she had talked to Bob Whritenour regarding this Article and that the$43,000 transferred from overtime is definitely applied to this Article and that the funding for this article is$82,994 and not the$125,994 as previously noted.. Mr. Nutt commented that he would still like to discuss this Article with Mr. Whritenour concerning the amount of money. He stated that he will follow up with Mr. Whritenour. Finance Committee Position: Finance Committee to recommend at'Town Meeting. October Town Meetim.Article 5—Contract Between Town and Deal 19, refihters: Chairwoman Gouiart noted that,as far as she knows,nothing is resolved on this contract. However. she stated that she will have Mr. Arden check to see what the status is on this contract. Finance Committee Position: Finance Committee to recommend at'Town Meeting. October Town Meetxn Article 14—$134002000 for Tax Le As per discussion among the Finance Committee members,it was agreed to change their position on Article 14 from Fwance Committee to recommend at Tomm Meedng to Finance Committee recommends approva Motion made by Mr. Golub to recommend approval of Article 14 in the amount of$1,4001,000 for tax relief. Motion seconded by Mr. Watt. Vote: Unanimous -0. Finance Comnrince Position: Finance Committee Recon nends Approval. October Town 1leetinw Article 1 —Stabilization Account: As per discussion among the Finance Committee members,it was agreed to change their position on Article 15 from Fwance Co mrt i tee to recommend at Town Meefing to Finance Committee recommends approval Motion made by Mr. Golub to recommend approval of Article 15 for the transfer of a mn' n'mum amount of $300,000 to the Stabilization Account. Motion seconded by Chairwoman Goulart. Vote: Unanimous -0. Finance Committee Position: Finance Conunittec Recommends Approval. i