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Finance Committee Minutes <br /> June 27, 1989 <br /> Page 2. _ <br /> applied for a liquor license to operate a restaurant in Pine Tree Plaza. Members <br /> also concurred that the sentiment of the town seems to be to have the new town <br /> hall at the police/fire complex. Greelish noted that if the town should purchase <br /> Pine Tree it could later sell it when it no longer met the town's needs. She <br /> proposed the purchase as an interim solution, whereby the town would also have <br /> a valuable piece of real estate. Finance Committee members felt that this matter <br /> should be taken to the Selectmen and the Planning Commission as they have more <br /> information. <br /> The Executive Secretary joined the meeting at 8 p.m. He had several <br /> Requests for Transfer from the Reserve Fund to be considered by the Committee. <br /> Chairman Dolan noted that the Reserve balance as of 6/27/89 was $175,048.22. <br /> The first request for Transfer was for $34,864.40 to pay the salaries for <br /> the 53rd pay week of town employees. It was noted that it had not been <br /> anticipated that these expenses would be paid in FY89. Carl Heller moved <br /> that the Committee approve this request, Jim Vaccaro seconded, and there <br /> was a unanimous vote of approval by all present. <br /> The second Request for Transfer to be considered by the Finance Committee <br /> was a request for $1,700 to be transferred to the Emergency Repair and <br /> Equipment Account. These funds are required to pay for emergency signs <br /> and blocking apparatus for use on Old Mill Road because the road needed to <br /> be temporarily closed due to a washout of the culvert over the Santuit River. <br /> Murphy noted that the road will be closed for 30 days while Mashpee and <br /> Barnstable DPW's,work on a solution. Jim Vaccaro moved that the Finance <br /> Committee approve this request for $1,700, seconded by John Ferriday, and <br /> there was a unanimous vote of approval by all present,. <br /> The third Request for consideration was in the amount of $2,504.37 to be <br /> transferred to the Police Expense Account. This request was submitted because <br /> there are insufficient funds in the expense account for current FY. There were <br /> several reasons cited for the need for additional monies including: increase <br /> in electric rates ; increase of activity resulting in larger gasoline invoices; <br /> increase in use and cost of special forms .and unanticipated repair bills. <br /> Carl Heller moved the Committee approve the request, seconded by Jim Vaccaro, <br /> and there was a unanimous vote of approval by all present. <br /> The fourth and final request to be reviewed was a request for $15,000 <br /> to be transferred to the Legal, Engineering and Consulting account. This <br /> money is needed to pay for: Special Counsel for time share case (Dalton) ; <br /> land appraisals; Town Counsel for month of June; legal costs for land <br /> takings; Labor Counsel; Special Counsel for land court case (Town Forest) . <br /> Jim Vaccaro moved the Committee approve this request, seconded by John <br /> Ferriday and there was a unanimous vote of aPDroval by all present, <br /> Murphy next discussed the August 21st Special Town Meeting and the <br /> August 26th Special Election. The purpose of the meeting is to deal with three <br /> land acquisitions. Murphy noted that there will be an article to <br /> put Great Oak Road on town property and a houskeeping article <br /> transferring interest and principal . Murphy noted that the <br /> individual hired as Town Engineer has decided not to take the <br /> position . All the equipment needed for the engineer ' s office <br /> has been ordered and money will be needed to make an office <br /> at the DPW building . Money will be needed for the removal of <br /> asbestos . The town has a management plan and all asbestos is <br />