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HomeMy WebLinkAbout2012-04-02 Finance Committee Minutes FINANCE COMMITTEE Meeting Minutes April 2, 2012 @ 5:00 pm Councilors: Durgin, Weston, Gallant, Gratwick, Baldacci, (Longo) Staff: Cyr, Conlow, Little, Martin, Heitmann, Moore Others: Neff, the Browns, Miner, Shepard, Sleeper, Johnson Meeting Convened: 5:00pm 1. Update on Workout Agreement – 110 Pearl Street David Little, Deputy Treasurer, stated that in October 2010, the Finance Committee approved an agreement for Peter and Jennifer Brown for the property on 110 Pearl Street. Total due at that time was $135,417 with payments of $800/mo during the first year. The agreement was renewed for 2011 – 2012. Since that time they have only made one full payment. Currently they have a balance of approximately $133,704 with the assessed value of the property being $125,000. The City is the only lien holder. The city took over 4 separate loans regarding this property through the community development office. There are 5 years of outstanding taxes. The Brown’s have dropped off an abatement application. Councilor Baldacci moves that we accept the $400 tonight and direct the tax collector and city to effectuate all necessary paperwork to direct all state and federal refunds to the city, and that we reconvene the beginning of May to review that those steps have been taken. Motion moved and seconded. Councilor Weston doubted the motion, moving to terminate. Gallant also doubted the motion. Those in favor of the motion to postpone for 1 month to the May meeting with the stipulation that Councilor Baldacci has annotated in his motion: 3 no, 2 yes. Councilor Weston made a motion to send to full Council the recommendation to not extend the agreement and therefore take the property listed at 110 Peal Street. Seconded. Motion carried initially. Note: Councilor Weston had to leave the meeting. Councilor Longo was appointed as voting member. Longo made motion to reconsider. Doubted. Motion to reconsider is carried. Motion to send to Council with a recommendation that the City take possession for unpaid taxes at 110 Pearl St. Motion doubted. Motion defeated. Councilor Baldacci made a motion that the Brown’s pay the $400 for the Circuit Breaker program, that they cooperate and provide their tax returns to the city, that they sign forms to turn over their federal and state tax refunds to the City, and that we revisit this issue in May to assure compliance. Motion seconded. Motion doubted. Motion carried. 2. Consent Agenda a. Real Estate Tax Write Off – Lot 63 Colonial Pines Mobile Home Park Per Ms. Cyr this is a consent item. The mobile home has been abandoned. 3 years of taxes totaling of $453. Park owner can take possession of mobile home and have removed it destroyed. Moved and seconded. No discussion. Unanimous vote. 3. Bids/Purchasing a. Sole Source Request – Primary Clarifier Replacement Parts – WWTP – Polychem Systems - $16,241 Brad Moore – Director of City Wastewater Treatment Plant. Replacement parts for one of the rd major components. In past have purchased 3 party equipment. Some parts are manufactured locally; however requesting to purchase this equipment now, since there is a long wait time to get it. Money has been budgeted for this. Unanimous vote. 4. Discussion of 55 Grant Street At the last Council meeting, the council approved an order for the city to take possession of the property at 55 Grant St for unpaid property taxes. The building is empty. Staff is here to discuss how the City is going to proceed with disposing of this property. Jeremy Martin described 4 directions we can go in: 1. City demolish property & remove material – offer the lot for sale – is a buildable lot 2. City demolish and remove the home – offer the lot for sale to abutting property owners as green space. 3. City offers the property for sale with the requirement that the home / garage removed and a new home be constructed in its place that is architecturally compatible with the other homes in the neighborhood. 4. City offers the property for sale as is – FPF for rehab Baldacci moves to demolish the property. No second. Gallant – Motion to adopt item #4 to be completed by a date certain. Seconded. Motion carried 4 to 1. 5. Real Estate Tax Proposal – Lot 55 Holiday Park Mobile Home Park David Little explained that the property is empty and has 10 years of outstanding taxes totaling approximately $4,300. City approached by Mr. James Loring and park management. Mr. Loring would like to take possession of trailer and rehab or have trailer disposed of. Mr. Loring is willing to pay $2,263.98 if the City will accept this as payment in full. The park is willing to take $2,400 back lot rent as their portion of the loss. Staff recommendation is that we accept the offer. It was a unanimous vote. Meeting Adjourned: 6:39pm