07/13/1988 FINANCE COMMITTEE Minutes

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'Finance Committee Minutes July 13 , 1988 Page 3 . grounds and if indebtedness is authorized , the Treasurer , with approval of the Board of Selectmen , is authorized to borrow at one time or from time to time a sum of money for the stated purpose and for expenses incidental and related thereto , and to issue bonds or notes of the town and further , the town vote to raise and appropriate or appropriate and transfer a sum of money to the Police/Fire Water account to provide for debt issuance costs and interest . The Finance Committee will recommend the town vote to incur indebtedness . Murphy noted that the problem with the Special is that the figures may not be available . Chairman Heller noted that he felt the town should go for the whole package , which would provide for a water line . loop around the Police and Fire Station .. Article 9 , seeks the town approval to raise and appropriate a sum of money to permit the Board of Health to dispose of septage and or sewage at facilities of the Upper Blackstone Water Pollution Abatement District and to offset this appropriation the Board of Health bepermi.'tted to use estimated receipts from fees charged to users of services provided by the Upper Blackstone Water Pollution Abatement District in accordance with an agreement between the District and the Board of Heal.th acting in behalf of the town . Murphy noted that this article has too many details to work out before the Special . He noted that the lagoons can not be done' by August 1st and he feels this article will be indefinitely postponed . Chairman Heller noted his belief that an article such as this should be entirely self— funding . Article 12 , seeks _ town approval -to autho;ize the Board of Selectmen to sell a fire truck referred to as the hose truck , and that the funds received from the sale be reserved for appropriation Murphy noted that when the money comes in from the sale of the engine there will be a similar article to offset the cost of a new engine . Finance Committee recommends . Article 13 , seeks town approval to transfer from the Building Inspector ' s Expense account'-$2 , 643 or any other sum, to the Building Inspector_"s Clerical Wages Account . The Building Inspector did not look for help at the Annual Town Meeting , but Murphy noted there is a definite need for added clerical support . This money represents a part—time clerk, 1 day a week . Finance Committee recommends this article . Article 14 , seeks town approval to appropriate $93 , 000 to construct a bicycle path on Great Neck Road South. The Director of the DPW feels he can get a State grant if he has town meeting support . Finance Committee feels that this should have been part of the Capital Program and does not recommend this article .