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HomeMy WebLinkAboutFinance Comm 08/01/1996FINCOM MINUTE MEETING Date: August 1, 1996 • n. 11 Attendees: Dennis Grady, David McCarter, Andres Gazzolo, Jerry St. Hilaire 1- Request for Transfer from Reserve Fund - Removal of fuel tank at 11 Shawmut Ave. $4,500. (PUBLIC SAFETY) $9,500 will request at Town Meeting for cleaning and removing the underground tanks. Motion to approve by Jerry; approved 4-0 2- Briefing on new request for TM from Fire department. - 1977 purchased at $130K. Refurbish 1990 @ $75K .After inspection needs approx. $25K. Fire chief proposal: to buy a new one $450K. Cannot use any more. Foxboro/Norton to support Mansfield. Paying $58K for truck FY97 & FY98.(Pumper) Trade in value TBD. Lease Purchase w/o Bonding would be our recommendation. 3- Jerry will (with Margie) capital proposal guidelines. 4- AG & all definitions on TM newsletter. Adjourned at 9:15 PM.