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HomeMy WebLinkAbout1984-05-22 Finance Committee MinutesFinance Committee May 22, 1984 at 3:30 p.m. Minutes Present: Councilor Jim Cox, Chairman Councilor Arthur Tilley Councilor Tam Davis Councilor Marshall Frankel John Flynn, City Manager Ted Jellison, Finance Director Ralph Mishou, Wastewater Treatment Plant Bob Miller, City Solicitor Dave Pellegrino, Purchasing Agent Dale Theriaulcq Parks 6 Recreation Austin Kelly, Golf Course Supt. 1. Downtown Restoration - Architectual Firm The Committee recommended passage of a council order which will be prepared by the Planning Officer for the upcoming May 30th agenda which will authorize the City to enter into an agreement with the architectural firm of Lane Frenchman for downtown restoration work. 2. Establishing Golf Course Reserve Fund. The City Manager gave the Committee a list of major outlay and major capital items for the golf course and discussed each in detail. 'Councilor Tilley indicated that he felt monies should not be put away for building expansion and felt the proposed reserve fund should be made up of money derived from profit at the Golf Course.and the reserve fund usedto replace equipment. He felt that any major capital improvements should go into a bond issue. Both Councilors Cox and Tilley agreed that the Golf Course did generate considerable interest in the City and attracted people. to the area. Councilor Tilley..mentioned the idea of the Golf Course beingrunas a private company and therefore out of the City's hands. The Committee agreed the matter required further discussion and it was suggested that the full City Council meet on this issue in the near future. A date will be set up at the May 30th Council meeting. 3. Zoidia Property. The Committee recommended that the City accept a gift of a lot in the downtown Bangor area from the Zoidia family on Central Street with the conditions included that the land remain as a park and that the gift be credited by plaque to three of the family members. The City Solicitor will prepare a Council Order for the upcoming agenda. 4. Compost 'Deliveries. The Committee authorized Ralph Mishou, Superintendent of the Wastewater Treatment Plant, to haul large quantities of compost for people for a minimal fee. 5. Bids: a., Moor'a s.. TheCommittee approved award to Arthur Tibbetts, Sr., t� only bidder, for six moorings at $1,640.00 each for a total of $9,840.00. b. Transformer. Award was approved to Standard Electric, Co., the T -Bidder, at $8,700.00. c. Est. Annual Retluirement fot Manhole/Caechhasin Components. Awar ma a to American Concrete In ue tries, t e�er, at $36.00 per vertical foot. 6. The Committee agreed to meet on Wednesday, May 30th at 3:30 p.m. for bid items only. Committee adjourned at 4:25 p.m. 4