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C w <br /> Page 2 <br /> Public Works. The intent is that the department would reserve <br /> receipts from private work done to purchase future equipment (e.g. <br /> charging private roads for utilization of equipment and then <br /> putting money aside) . Provisions under Chapter 90 allows the <br /> Department of Public Works to establish a D.P.W. Road Account but <br /> it does not allow for the department to use 100% of the fees <br /> charged but a percentage. Mr. Taylor also stated that this account <br /> would be used to buy equipment or to be put toward an equipment <br /> purchase so that the town is not so hard hit every year. Members <br /> discussed the fact that the town does spend a lot of money for <br /> rental of equipment and that the equipment that the town does own, <br /> is starting to depreciate greatly because of high mileage and life <br /> of vehicle. Ms. Greelish was concerned that the D.P.W. would be <br /> competing with private companies. Mr. Taylor did not agree. Ms. <br /> Greelish also mentioned that her concern was that every tax payer <br /> would be paying for equipment that would be used on. private roads. <br /> Mr. Taylor stated that most of the work would be Chapter 90 work. <br /> Ms. Greelish stated that the people who are having their private <br /> road work done now are paying for the equipment rental but if every <br /> one in town purchases a piece of equipment then all taxpayers would <br /> pay for it. Mr. Taylor disagreed. <br /> Mr. Taylor stated that the department presently needs a back hoe. <br /> The people at Pirates Cove are being charged $350 per day and it is <br /> costing the department $200 per day in rental of a back hoe. Mr. <br /> Taylor proposed that the town's rental fees of equipment each year <br /> is approximately $30,000 to $40,000. Dan Goggin stated that what <br /> Mr. Taylor was requesting was. that $30,000 or $40,000 be used to <br /> buy a new piece of equipment. Ms. Greelish stated that the town is <br /> spending $30,000 or $40,000 but it is for the rental of many <br /> different pieces of equipment not just for one. The town cannot <br /> afford to buy all the equipment needed, so that renting will still <br /> be necessary. <br /> Ms. Greelish did agree that the town is past the point and are in <br /> need of new equipment in many departments. She realizes that the <br /> Trucks are dying, the boats are not floating, etc. The difficulty <br /> she stated is that the .Finance Committee recognizes the problems, <br /> but the money is just not there to solve the problems.. She <br /> mentioned that we .should be looking for a stabilization transfer of <br /> $200,000 every year. We need to find creative ways of getting <br /> revenue. <br /> Members then discussed the message form the Finance Committee for <br /> the semi-annual town meeting.. <br /> The next meeting is going to be on Thursday, April 30, 1992 at 7:00 <br /> P.M. Minutes submitted .by Jean M. Mooney, Recording Secretary. <br />