Capital Outlay Committee

february 8, 2005

Summary Meeting Notes

Members in attendance:

P. Linehan (Chair)

Board of Selectmen: J. Roach & W. Heitin

Finance Committee: D. Hearne & J. Hitter

Planning Board: D. Milowe & R. Maniscalco (alternate)

School Committee: S. Liao & M. J. Furr

Members not in attendance:

Others in attendance:

B. Puritz, R. Uyttebroek, C. Jackson, A. Nebenzahl

Actions Taken:

1. W. Heitin presented a proposal to reduce the debt service for FY’s 07 through 14 and create a set aside fund for capital.

2. B. Puritz led a discussion regarding the goal of establishing a town-wide capital maintenance program.

3. B. Puritz presented a schedule of the balances from unexpended capital authorizations.

4. K. Wertz updated the Committee on the status of the East Elementary septic and flood project.

5. K. Wertz led a discussion on segmenting the Middle School roof and HVAC project over a two-year period.

6. G. Gladstone, Standing Building Committee, led a discussion on the status of the funding requirements for the Cottage Street School project. The preliminary shortage is $256K in cost overrides and another $225K for additional work needed to complete the project.

7. W. Heitin presented a preliminary estimate regarding the asbestos abatement proposal (in development) for the Wilber Municipal Building of $400K.

Votes Taken:

1. MOVED by W. Heitin, and duly seconded, that the minutes of the January 18, 2005 Capital Outlay Committee meeting be accepted. VOTED in the affirmative, 7-0-0.

2. MOVED by J. Roach, duly seconded, that Town Counsel provide an opinion with respect to codifying the restrictions on the issuance of debt as per the proposal presented by W. Heitin. VOTED in the affirmative, 7-0-0.

Next Meeting:

tuesday, march 1, 2005

6:00 pm

board of selectmen hearing room

Agenda:

6:00- TBA