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HomeMy WebLinkAbout2018-01-08 Finance Committee Minutes FINANCE COMMITTEE MINUTES January 8, 2018 @ 5:15 pm Councilors Present: Weston, Nichols, Tremble, Nealley, Supica, Sprague, Graham, Davitt, Perry Staff Present: Cyr, Conlow, Little, Hathaway, Willett 1. Bids/Purchasing a. Request to Purchase Used Vehicle – Police – Penobscot Nation Police Department - $28,000 Motion made and seconded to approve purchase of vehicle, motion passed unanimously. b. Banking and Related Services – Camden National Bank Council Chair Sprague was determined to have a conflict of interest and therefore left the room. Staff provided an overview of the services utilized by the City for banking and related services as well as the pricing structure proposed. Motion made and seconded to recommend award of the contract to Camden National Bank to the City Council. Motion passed unanimously. Meeting adjourned 5:33 pm