03/21/2019 FINANCE COMMITTEE Minutes

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3 Finance Committee Minutes March 21, 2019 APPOINTMENTS & HEARINGS Finance Committee Reserve Fund Transfer: (continued) As a result of a series of storms in November and December 2018 which resulted in the significant erosion of the South Cape Beach dune, a Reserve Fund Transfer was requested in the amount of$15,579.01 to re-nourish the dune for the protection of the parking lot. The expenditure is unforeseen due to uncertain weather conditions. Beach nourishment is a requirement per the Order of Conditions to protect the integrity of the beach parking lot. Motion made by Mr. Avis to authorize funding in the amount of$15,579.01 from the Finance Committee Reserve Fund for unforeseen expenditures related to Beach Nourishment at South Cape Beach. Motion seconded by Mrs. Furbush. VOTE: Unanimous. 5-0. Roll Call Vote: Roll Call Vote: Mr. Richardson,yes Mr. Pettengill,yes Mr. Avis,yes Mr. McKelvey,yes Mrs. Furbush,yes Opposed, none Town Manager—FY2020 Capital Improvement Program: Town Manager Rodney C. Collins updated the Finance Committee on the final recommended Capital Improvement Program budget for fiscal year 2020. The CIP Committee voted on March 19, 2019 to recommend a Capital Improvement Program budget of$1,472,692. The recommendation includes a$30,000 Needs Analysis for the proposed Department of Natural Resources building. The Planning & Construction Committee in their deliberations did not recommend moving forward with the DNR building at the Ockway Bay site location. The study will determine the need and offer potential site locations. Discussion followed with respect to the need for an additional study. Richard York, Director of Natural Resources spoke to support the need for a building to support the Town's aquaculture program. The Ockway Bay site is deemed advantageous for the location of the new facility as the property is Town owned and it lies in an area adjacent to the Ockway Bay boat ramp for waterways access, with little traffic. Currently,there is no facility in the Popponesset Bay area. The DNR operates out of two 20'x16' sheds on Little River and utilizes a temporary unheated greenhouse for propagation. The aquaculture program is an important component of the nitrogen mitigation plan for the Town's Comprehensive Watershed Management Plan.