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HomeMy WebLinkAbout2012-08-20 Finance Committee Minutes FINANCE COMMITTEE August 20, 2012 at 5:00 p.m. Minutes Councilors: Gratwick, Durgin, Blanchette, Gallant, Baldacci, Longo, Sprague and Weston Staff: Cyr, Morgan, and Farrar Others: 1. Bids/Purchasing a. Old Sylvan Road Culvert Removal Project – Engineering – Lou Silver Inc - $59,786 Baldacci moved to approve recommendation to Lou Silver Inc., it was seconded and approved. b. Illuminated Walkway Waterfront – Engineering – Maine Earth - $390,307 Art Morgan, City engineer said that the funding for this project is from the downtown TIF budget. Morgan continued that Maine Earth was the low-bidder. They are competent, cooperative, and he would like approval to award the contract to Maine Earth for $390,307. Art further explained that Alternate 3 would allow us to provide lighting on the front side, which is anticipated to become an amp theater and on the backside providing lighting to both pathways. The walkway would run from the Bulkhead down to the Pike property on Dutton Street. It will have sufficient lighting for the public’s safety. It will also include the sculpture (moved from West Market Square), as well as landscaping. It will connect the Waterfront to downtown and the Trail system. ¾ of the costs involved are for wiring and lighting. Items not included are trash bins and dock lighting. These items are separate costs to be reviewed with next year’s budget. Baldacci moved to approve staff recommendation, it was seconded and approved. Committee adjourned at 5:23p.m.