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OWN <br /> CI <br /> FjLE <br /> MASEE CABLE AND ADVANCED _ <br /> TECHNOLOGY ADVISORY BOARD <br /> SES of SETING HELD <br /> TDES A ,OCTOBER ,2012 <br /> TOWN ETMG ROOM 1 <br /> r <br /> Present: Peter Cohen <br /> Lolita McCray <br /> Andrew Eliason <br /> A o Pint: Joyce Mason,Town Manager <br /> David De1Vecchio,Director of Infonnation.Technology <br /> Peter Cohen,Chairman,called the meeting of the MCAS'Board to order at 1:1 o p.m. <br /> Roll Call was taken. <br /> Approval of Ninutes <br /> Lolita McCray motioned to accept the minutes of the meeting of September 11,2012 as read;Andrew Eiiason <br /> seconded the notion. <br /> TE: Yes—2,- and I-abstain. <br /> Roll Call Vote: Andrew Eli son,Yes Lolita M Cray,Yes Peter Cohen,abstain. <br /> Budget Stages Uwe...Andrew fliason provided the budget status update and advised that as of this mo i the <br /> balance in the MCAT"capital"account is$320,393.92,which includes the encumbrances. The MCAT PEG <br /> account balance i $45,678. The Board asked Joyce whether these PEG account fends.will remain in this account <br /> or be transferred. Joyce said the funds will remain in the PEG account but once these funds are expended no more <br /> money will be placed into that account under the provisions of the new cable contract. <br />