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i <br /> 1 <br /> REQUEST FOR TRANSFER TO MEDICARE; <br /> Mrs.Ro melmeyer submitted an emergency Request for Transfer from the Reserve Fund t <br /> be transferred to Medicare in the amount of$7,000. <br /> Mrs.l o metmeyer stated that in FY 19962 the Finance Committee transferred from their <br /> Deserve Fund the amount of$61,000. As of now,there is a deficit in the account. <br /> Mrs. Rommclrneyer stated that the amount requested is to compensate contractors for the <br /> processing of medicare reimbursements. The total in receipts received from 1996 through <br /> 1998 that have gone into the General Fund have been as follows: <br /> 1996-$835225 <br /> 199"7-$675755 <br /> 1998-$58,'725. <br /> Motion to ApIlrove Request for Transfer: <br /> Mr. Goggia made a motion to approve the Request for Transfer <br /> From the Reserve Fund to Medicare in the amount of$71000. <br /> Motion seconded by Mrs. Goulart. <br /> Vote-Unanimous. - . <br /> RL O UEST FOR TRANSFER TO GOLF RECREATION STUDY <br /> ACCOUNT: <br /> Cham watt stated that there is an issue with the possibility of a Municipal Recreation <br /> Facility. At the present time, some sort of funding is needed for this. <br /> Mr. Golub stated that there is a proposal to make a sales offer after a set of appraisals are <br /> done and a feasibility study is done for a piece of land. The use of this property is intended to <br /> be in two phases—Phase 1 would be a town municipal golf coarse;Phase 2 would be a town <br /> municipal facility which would include swing pooh tennis courts,and soccer fields. <br /> Phase 2 is intended to be funded through the receipts and profits of Phase 1. Mr. Golub stated <br /> that other people are actively pursuing this propel. <br /> Chairman Watt stated that he has received a Request for Transfer From the Deserve Fund to <br /> be transferred to the Golf Recreation Study Account in the amount of 1,000. Chairman <br /> Watt stated that this amount was more than he thought it would be. There was discussion <br /> concerning the amount of$21,000 for this study. <br /> 'Vere was discussion concerning the amount of money presently in the Reserve Account. <br /> Motion to Approve Request for Transfer for 21000: <br /> Mr. Golub made a motion to approve the Request for Transfer <br /> From the Reserve Fund to the Golf Recreation Study Account <br /> in the amount of$21,000. <br /> Motion seconded by Mr. Cleary. <br /> Vote: Unanimous. 5-0. <br />