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HomeMy WebLinkAbout2021-12-20 Finance Committee Minutes FINANCE COMMITTEE MINUTES December 20, 2021 Councilors in Attendance: Sprague, Fournier, Hawes, Tremble, Okafor, Yacoubagha Staff in Attendance: Little, Laurie, O’Donnell, Smith, LaBree, Huotari 1. Consent Agenda a. Workout Agreement – 60 Kossuth Street – Vardamis Motion made and seconded to approve agreement, motion passed unanimously. 2. Bids/Purchasing a. Sale of 44 Patten Street – Community Development – Executive Properties LLC - $4,700 Motion made and seconded to recommend sale to City Council, motion passed unanimously. b. Contract extension – Water Quality – ADS Environmental Services - $60,720 Motion made and seconded to approve extension of contract, motion passed unanimously. c. Tire Purchase – Public Works – Maine Commercial Tire - $24,635 Motion made and seconded to approve purchase, motion passed unanimously. 3. Discussion – Properties with Matured Tax Liens or Vacant Staff discussed the progress in resolving property with matured tax liens since 2013 and requested approval to resume procedures after they were put on hold during the pandemic. The Committee agreed. Staff also explained that several vacant properties without matured liens were reviewed and certain owners were contacted to discuss the possibility of selling the property to the City. The anticipation is that CDBG funds can be used for the purchases to provide additional affordable housing. Potential sales will be presented at later meetings. The meeting adjourned at 7:20 pm