HomeMy WebLinkAbout2002-01-09 Finance Committee Minutes 1
Finance Committee '
Meeting Minutes '
January 9, 2002
'
Councilors Attending: Nichi Farnham, Frank Farrington, Dan Tremble, Gerry Palmer
Staff Attending: Ed Barrett, Deb Cyr, Dave Pellegrino, ]onathan Daniels '
Others Attending: Angela Bilodeau ,
1. Consent Agenda '
a. Council Order 02-60 Authorizing the Issuance of$35,000,000 Aggregate Principal
Amount of General Obligation Pension Bonds
b. Council Order 02-61 Reallocating Bond Proceeds '
c. Council Resolve 02-62 Accepting and Appropriating Grant Funds from the US
Department of HUD
d. Quitclaim Deed — Rockett— 53 Bowdoin Street ,
The Committee approved the consent agenda as presented.
2. Bids/Purchasing ,
a. Traffic Signal Equipment— Public Works—Ocean State Signal - $14,332
b. Sign Design and Installation — Economic Development— Bangor Neon - $12,805 '
(Pending FY03 Budget)
c. Landscaping Services — Community Development/Banair Corp— Family Tree
Landscape - $1,780 (FY02/03 Season) ,
d. Request to Waive Bid Process —Job Cost System — Public Works
e. Long-Term Disability— City Wide—Jefferson Pilot- $.35/$100
Committee approved items a, c, and e. Item b and d were postponed. ,
3. Request for Reduction in Bass Park Rental Rates ,
Angela Bilodeau of the American Red Cross presented a request for a reduction in Bass
Park rental rates for its Annual MASH Blood Drive to be held Saturday, July 13, 2002.
The event will not use a move in day as has been past practice and will be responsible '
for a variety of direct costs which are estimated to be in the area of $500. The
Committee recommended that the Council consider such sponsorship through funding '
the civic center rate of$1,000 from the City's general fund. In order to accomplish this,
these funds must be transferred from our contingency account.
Committee recommended to full Council. '
'
1 ,