HomeMy WebLinkAbout2020-10-19 Finance Committee Minutes
FINANCE COMMITTEE MINUTES
October 19, 2020
Councilors in Attendance: Hawes, Fournier, Schaefer, Supica, Nichols, Sprague
Staff in Attendance: Laurie, Conlow, Cromwell, Smith, Theriault, Little, Saucier,
Webb, Harris-Smedburg, Hayman
1. Bids/Purchasing
a. Request to Waive Bid Process – Northeast Cable Construction - $15,957
Motion made seconded to authorize contract, motion passed unanimously.
b. Request to Waive Bid Process – Traffic Detection Equipment – Coastal Traffic -
$32,950
Motion made and seconded to authorize contract, motion passed unanimously.
c. Emergency Power Generator Installation – WWTP – Penta Corporation - $954,700
Motion made and seconded to recommend contract award to City Council, motion
passed unanimously.
d. State Street Culvert Replacement – Engineering – R.F. Jordan & Sons - $214,699
Motion made and seconded to recommend contract award to City Council, motion
passed unanimously.
e. Carr Brook Sewer Improvements – Engineering – Eastwood Contractors - $1,683,093
Motion made and seconded to recommend contract award to City Council, motion
passed unanimously.
2. Taxpayer Request to Discuss Status of 57 Division Street
Staff reviewed the timeline and correspondence regarding this property. Due to action by
the mortgage holder and the assumption that the listing agent had shared information with
the buyer, the property owner appears to not have adequate information to participate in
prior discussion. The property owner shared information related to the foreclosure, the
reason for leaving the property and the desire to have the property redeveloped. Based on
the additional information, staff recommendation was to delay taking the property until
st
December 1, allowing the owners, buyer and listing agent to develop an acceptable
developer agreement that would allow the sale to proceed.
Motion made and seconded to approve staff recommendation.
3. Request to Fund School Capital Reserve
Staff reviewed a memo provided by the Superintendent which noted that an unanticipated
surplus was generated in FY 2020 as a result of the receipt of unanticipated revenues and a
reduction in expenditures related to the closure of schools from March to the end of June.
The School Committee voted to recommend that $2.2 million of FY 2020 funds be used to
fund certain capital items. The Council had approved the issuance of $1.4 million in bonds
to partially fund electrical and roof upgrades at Bangor High School. In lieu of issuing the
debt, these funds could be utilized for those costs as well as to accelerate additional
electrical work, thereby forgoing the need to issue debt in future years.
Motion made and seconded to recommend the transfer of funds to the City Council, motion
passed unanimously.
4. Executive Sessions – 36 MRSA Section 841 (2) – Hardship Abatement
Motion made and seconded to enter Executive Session, motion passed unanimously.
5. Open Session – Hardship Abatement Decision
Motion made and seconded to approve staff recommendation on hardship abatement,
motion passed unanimously.
Meeting adjourned at 5:50 pm