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i <br /> r' <br /> Chairman Lindsey reminded those present that the purpose of the audit vias to create <br /> baseline. <br /> Follow p with Water Commission.'C ainnan Lindsey has ommunieated with Torn Fudala <br /> via email and will report back t the Finance Committee as soon as she receives a response. <br /> Chris Avis suggested appointing a raison between the Finance Committee and the Water <br /> Commission. Bob Hutchinson and Oskar Klenert agreed to attend some of their meetings. <br /> V.New Business: October Town Meeting Warrant. Rene' Read confirmed the first draft <br /> will be sent out no later than Monday,August 18, 20 . <br /> School Board of Selectmen Finance Committee Relation"In meetings. First meeting will be <br /> on November 1, 2008. Ann Bradshaw noted that the time has not yet been established. <br /> There was general discussion regarding the workshops, and Facilitators. Ms. Bradshaw <br /> commented that the main concern of a facilitator is that he or she is neutral, and detached. <br /> Facilitator fees are approximately$400.00•- $500.00 for a half a day workshop. IVIS. <br /> Bradshaw would like to meet quarterly. <br /> Bond Rati g.. ro ement. Rene' Read stated they are pleased with the u* npr vement. Mr. <br /> Read confirmed for Chris Avis that the last time they got rated was two 2 years ago. One of <br /> the several reasons that the bond company liked the Town of 1Vlashpee's financial position is <br /> that the Town has an extremely conservative approach. Chris Avis inquired about `point <br /> increase"and past borrowing. The Town's Financial Advisor is Maureen pa helo, from <br /> Eastern Bank. Bob Hutchinson would like the Finance Committee to meet with the <br /> Treasurer, raid Leary. Chairman Lindsey ill touch base With Mr. Leary. <br /> VI#FlnC m Liaison dates; PI,.a it and SewerPjdates. Oskar Klenert stated that One <br /> Hundred Fifty Thousand($150,,000.00)and 00/100 has been withdrawn from a revolving <br /> account. Mr. Klenert asked Mr. Fudala how the monies are r ie ed and he stated the <br /> Commission is handling this. Much research has determined that there is a need for sewer <br /> updating,but now bow do we implement it` The corrosion problem at the High School was <br /> discussed,there was general discussion on utilization, and underutilization,and the effect of <br /> cleaning products in the system. 'Where is a usage of 3000 gallon per day. Oskar Klenert <br /> stated that it would be best;to build a new sewer system with a 5000 gallon capacity, and <br /> expressed concern about the continuous underut <br />