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4 <br /> Finance Committee <br /> Minutes <br /> August 20, 2020 <br /> Review and possible action on Draft#2 of the Annual Town Meeting Warrant of Monday, <br /> October 19, 2020: <br /> The Finance Committee began their first review of the Annual Town Meeting Warrant of <br /> Monday, October 19, 2020 taking action on Draft#2 as follows; <br /> At #1 —To rescind loans authorized for capital projects that have been completed. <br /> Motion made by Mr. Pettengill to approve and recommend Article#1 of the October <br /> Annual Town Meeting warrant. <br /> Motion seconded by Mr. McCahill. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br /> Article #2—Annual CPC Article to set aside 10% Reserves and Budgeted for Appropriation <br /> Reserve. <br /> Motion made by Mr. Miller to approve and recommend Article#2 of the October Annual <br /> Town Meeting warrant. <br /> Motion seconded by Mr. McKelvey. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br /> Article #3 —To provide funding for the Channel Dredge Surveys for the 1916 Channel and <br /> Popponesset Inner Channel. <br /> Motion made by Mr. McKelvey to approve and recommend Article #3 of the October <br /> Annual Town Meeting warrant. <br /> Motion seconded by Mr. Pettengill. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br />