HomeMy WebLinkAbout2023-08-21 Finance Committee Minutes FINANCE COMMITTEE MINUTES
August 21, 2023
Councilors in Attendance - Leonard, Pelletier, Tremble, Hawes, Davitt
Staff in Attendance - Little, A. Huotari, A. Huotari, Theriault, Laurie
1. Consent Agenda
a. Service Vehicle -Airport/GSE - Darling's Ford - $56,046
b. Service Vehicle - Fleet Services - Darling's Ford - $72,860
Motion made and seconded to approve consent agenda; motion passed unanimously.
2. Bids/Purchasing
a. Maintenance/Repair Design Work— Pickering Square Garage & Columbia Street
Parking Deck— Engineering —Thornton Tomasetti - $37,680
Motion made and seconded to approve contract; motion passed unanimously.
b. Fifteenth/Union Street Safety Improvements — Engineering — Desuilt Consulting LLC -
$81,976
Motion made and seconded to approve contract; motion passed unanimously.
3. Review of Revised Procurement Policy
Finance Director Little reviewed recommended changes to the City of Bangor
Procurement Policy. Specific changes related to the purchasing thresholds determining
the method of receiving quotes and triggering Committee or Council approval. The
changes brought the City policy back in line with Federal thresholds for grant
purchasing. Director Little indicated a more thorough review is underway and additional
recommendations may be brought forth at a later meeting.
Motion made and seconded to recommend policy changes; motion passed unanimously.
4. Order, Authorizing Issuance of $13,339,000 of the City's General Obligations
Bonds
Motion made and seconded to recommend Order; motion passed unanimously.
5. Order, Authorizing a Loan in the Amount of$1,000,000 from the Maine
Municipal Bond Bank State Revolving Fund
Motion made and seconded to recommend Order; motion passed unanimously.
Meeting adjourned — 8:10 pm