HomeMy WebLinkAbout2024-05-06 Finance Committee Minutes �
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Finance Committee Minutes
May 6, 2024
Council Chambers, 262 Harlow Street
Councilors in Attendance (Committee Members): Tremble, Deane, Fournier, Leonard,
Yacoubagha
Other Councilors in Attendance: Pelletier, Fish, Schaefer
Staff in Attendance— Little, Huotari, Saavedra, Szewczyk, Gunderman, Huotari, A.,
Laurie, Theriault, Higgins
Meeting Start: 5:15 pm
1. Bids/Purchasing
a. Pickering Square Improvements — Engineering — Street's Landscaping & Lawn Care, Inc. -
$960,596
Motion made and seconded to recommend contract; motion passed unanimously.
b. Ohio Street Resurfacing and Sidewalk Project— Engineering — Hughes Bros., Inc. -
$894,536
Motion made and seconded to recommend contract; motion passed unanimously.
c. Pavement Stencil Marking — Public Works — Street's Landscaping & Lawn Care, Inc. -
$461,550 (3 year contract) - $148,272 Year One
Motion made and seconded to recommend contract; motion passed unanimously.
d. Pavement Long Line Painting — Public Works — On-The Line, Inc. - $282,150 (3 Year
Contract) - $89,100 Year One
Motion made and seconded to recommend contract; motion passed unanimously.
e. Request to Waive Bid Process — Sucker Brook Fluvial Geomorphic Restoration —
Stormwater—Acadia Civil Works — $26,373
Motion made and seconded to approve contract; motion passed unanimously.
f. Masonry Repointing and Waterproofing —Airport— PCS Specialty Contracting - $50,300
Motion made and seconded to approve contract; motion passed unanimously.
2. Property Disposition — 90 Sidney Street
Motion made and seconded to recommend sale, motion passed unanimously.
3. Council Resolve— Ratifying Application —Airport Improvement Grant
Motion made and seconded to approve resolution, motion passed unanimously.
4. Council Resolve— Ratifying Application —Airport Improvement Plan Entitlement
Motion made and seconded to approve resolution, motion passed unanimously.
5. City Hall Renovations— Project Update
The City Engineer provided a progress overview of the City Hall Renovation project. Staff is
requesting approval for two new projects, repointing and a new generator. Repointing is removing
and replacing the masonry joints. The total cost of $1,184,600 would be funded by reallocating
current funds and appropriating funds from reserves.
Motion made and seconded to recommend projects, motion passed unanimously.
6. Amending Procurement Policy
Finance Director Little reviewed recommended changes to the City of Bangor Procurement Policy.
Specific revisions related to documenting required Federal Transportation Association practices
and procedures that the City is already following.
Motion made and seconded to recommend policy changes, motion passed unanimously.
7. Review of General Fund —June 30, 2023, Unaudited Annual Financial Statements—
Balance Sheet, Budget to Actual, Fund Balance
Finance Director Little provided an overview of the FY23 General Fund balance sheet, budget to
actual revenues and expenditures and fund balances from the unaudited financial statements.
Meeting End: 5:54 pm