HomeMy WebLinkAboutMinutes - CBC - 03/05/2018 LP
e
CAPITAL BUDGET
Minutes
March 5, 2018
Approved 4/19/2018 3-0
The meeting was called to order at 1905.
Present: John Donohue, Brian Host, Nathan Redmann, Sam Wakeman
The Lee Jenkins appearing for the Water Commission present their desire to paint(in
and out) the Scituate Hill water tank in FY19. We had discussion about the current
status of retained earn ings(basically a reserve), expenditures coming out of it, and an
estimate of retained earnings once $400,000 was expended on the Scituate Hill tank.
CB did not get and definitive answers and asked that projections be provided. CB fears
that retained earnings will be exhausted and there will be no reserve going forward. CB
also suggested that Water try and delay this for several years so a tank woulod be
rehabbed every 7. Water will get back to us.
Katie Dugan appeared for the School Committee. She is waiting for Brian Joyce to get
back with some answers on an integrated Hot water/heating system.
She then gave us the following priority for the school.
1.bus lease
2. Defibulators
3.sidewalk repair
4.Hot Water system
5.Track rehab
6.wallpads
7. electronic sinage
The schools are returning to CPC for the additional playgroung funding.
Sam Wakeman asked those assembled if they had any additional alternatives which
should be listed for the architects/estimators. Will relay to THBC the absolute necessity
of having an open space design(no interior structural walls). John Donohue wanted a
design with no office walls only partitions. THBC will be asked, but the current thoughts
are a number of areas(town clerk, treasurer, town manager) need close in offices.
Cb with Katie Dugan participating had a long discussion on town financial presentations,
bonding capability, 10 year capital plan, capital stabilization fund. CB is developing a
model which we hope will help with this. This will be done in collaboration with The town
manager and chief financial officer. We will ask Katie to participate in this.
Capital Budget took a number of votes on recommendations for FY19 expentitures from
the Capital Stabilization Fund.
FY19 Recommendations
Dept Project REC amnt vote date Funding
Schools Middle School Hot Water $ 35,000 3-0 3/5/2018 cash
Schools Repair/improve sidewalks/stairs $ 87,000 3-0 3/5/2018 cash
Schools Increase number of busses from 7 to 8 $ 122,000 3-0 3/5/2018 cash
Schools Wall Padding for JOS and DH Gym's $ 16,000 3-0 3/5/2018 cash
Schools AED Defibs $ 12,900 3-0 3/5/2018 cash
Schools Track Repair $ 87,000 3-0 3/5/2018 cash
DPW Heavyhaul Tractor lease $ 42,000 3-0 3/5/2018 cash
Fire Corrosion Repairs Ladder 1AC Reserve $ 44,000 3-0 2/26/201 cash
Fire Hydraulic Rescue Tools $ 40,000 3-0 3/5/2018 cash
$485,900.0
0
Capital is awaiting further information on
Laser Fiche alternatives
Possible Hybrid police cars(to be looked at with Chief Quigley
O ring system at fuel depot
Salt shed availability on state list
Ventrac and bobcat snow removal demos
Firm number on Dump Truck
Vehicle replacement plan for Elder Affairs
Voted to approve minutes of 2-26-2018 3-0
There being no further business the meeting was adjourned at 2210.
Respectfully submitted
Samuel W Wakeman