HomeMy WebLinkAbout2022-02-07 Finance Committee Minutes
FINANCE COMMITTEE MINUTES
February 7, 2022
Councilors in Attendance: Sprague, Tremble, Okafor, Hawes, Yacoubagha, Fournier,
Schaefer
Staff in Attendance: Little, Laurie, Emery, Morin, Caruso
1. Consent Agenda
a. Emergency Repair – Heating System – Airport – Sullivan & Merritt - $16,414
Motion made and seconded to approve consent agenda, motion passed unanimously.
2. Bids/Purchasing
a. Vehicle Purchase – Airport – Quirk Auto Group - $42,082
Motion made and seconded to approve purchase, motion passed unanimously.
b. Gas Line addition – Airport – ABM Mechanical - $11,500
Motion made and seconded to approve purchase, motion passed unanimously.
c. City Hall Architectural & Engineering Services Contract – Engineering – CWS -
$436,821
Motion made and seconded to approve contract, motion passed unanimously.
3. Solar Project Update and Extension Request
Motion made and seconded to approve contract extension, motion passed unanimously.
4. Resolution of the Finance Committee Approving the Details of the 2022 SRF
General Obligation Bond Issue
Staff reviewed the details of the General Obligation Bond through the Maine Municipal
Bond Bank’s SRF program. The program provides low rate financing for projects that
met the requirements of the Clean Water Act.
Motion made and seconded to approve the details of the 2022 SRF general obligation
bond issue, motion passed unanimously.
Meeting adjourned at 5:38 pm