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HomeMy WebLinkAbout2020-12-07 Finance Committee Minutes FINANCE COMMITTEE MINUTES December 7, 2020 Councilors in Attendance: Hawes, Fournier, Nichols, Okafor, Sprague, Dubay Staff in Attendance: Laurie, Cromwell, Conlow, Courtney, Lawrence, Linscott, Saucier, Little 1. Consent Agenda a. Emergency Purchase – Asphalt Recycler Drum - $10,500 +shipping Motion made and seconded to accept report, motion passed unanimously. 2. Bids/Purchasing a. Bus Barn Heaters – Community Connector – Levant Oil Co - $14,000 Motion made and seconded to authorize contract with Levant Oil, motion passed unanimously. b. Building Access Upgrades – Various – Norris/Minuteman - $30,713 Motion made and seconded to authorize contract with Norris/Minuteman, motion passed unanimously. 3. Quitclaim Deed and Developer Agreement for 72-74 Center Street Staff provided an overview of the request. The property was recently sold, and the buyer had requested the City release its interest (i.e. matured liens). In addition, this property is currently placarded (i.e. uninhabitable). In accordance with Policy, staff shared with the buyer that a developer agreement would have to be executed for the City to release its interest. The agreement would lay out timelines and work to be completed as well as include a reverter clause so if the work is not completed, the property would return to the City. An Order authorizing this agreement would be placed on the next Council agenda, to allow this work and agreement to proceed. Motion made and seconded to recommend Order to City Council for adoption, motion passed unanimously. 4. Executive Session – 36 MRSA Section 841 (2) – Hardship Abatement Application Motion made seconded to enter executive session, motion passed unanimously. 5. Open Session – Hardship Abatement Application Decision Motion made and seconded to approve application, motion passed unanimously. Meeting adjourned 5:44 pm