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HomeMy WebLinkAbout2023-04-03 Finance Committee Minutes FINANCE COMMITTEE MINUTES April 3, 2023 Councilors in Attendance - Hawes, Sprague, Leonard, Pelletier, Tremble, Yacoubagha, Fournier Staff in Attendance - Little, Laurie, Huotari, Theriault, Willette 1. Bids/Purchasing a. Front End Loader- Public Works - Chadwick-BaRoss - $243,800 (life cycle cost $115,800) Motion made and seconded to recommend purchase to Council, motion passed unanimously. b. Landscaping — Downtown &Waterfront - Parks & Rec./Public Works — Street's Landscaping $16,000 & Black Bear Lawn Care and Landscaping $28,725 Motion made and seconded to approve contracts, motion passed unanimously. 2. Council Order—Transfer of Fund Balance Motion made and seconded to table until the April 19, 2023 meeting to allow Council an opportunity to review the annual audited financial statements. 3. Council Order—Appropriating Fund Balance for Debt Service — 6 Central Street Motion made and seconded to recommend approval to the Council, motion passed unanimously. Meeting adjourned: 5:45 pm