HomeMy WebLinkAbout2022-08-01 Finance Committee Minutes
FINANCE COMMITTEE MINUTES
August 1, 2022
Councilors in Attendance – Sprague, Fournier, Yacoubagha, Tremble, Hawes,
Schaefer, Leonard
Staff in Attendance – Little, Laurie, Harper, Duplisea, Caruso, Thomas, Theriault
1. Bids/Purchasing
a. Used Boom Lift – Airport – WD Matthews Machinery – $105,000
Item was tabled for staff to review and bring back.
b. Detectable Warning Fields – Hancock and State Street – Engineering – Maine Curb
Solutions Inc. - $99,245
Motion made and seconded to recommend contract, motion passed unanimously.
c. Structural Evaluation – Columbia Street Parking Deck – Engineering – Thornton
Tomasetti - $12,500
Motion made and seconded to recommend contract, motion passed unanimously.
d. Asset Management Software – Finance – Timmons Group/Cityworks – 361,925
Motion made and seconded to recommend contract award to the City Council, motion
passed unanimously.
2. Order, Authorizing Issuance of $3,977,500 of the City's General Obligations
Bonds
Motion made and seconded to recommend approval to the City Council, motion passed
unanimously.
3. Order, Authorizing a Loan in the Amount of $2,280,000 from the Maine
Municipal Bond Bank State Revolving Fund
Motion made and seconded to recommend approval to the City Council, motion passed
unanimously.