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HomeMy WebLinkAboutCapital Improvements 02/24/2004Capital Improvements Committee ( Minutes of February 24,2004 �X Present: Bernie Dolan, Planning Board; Frank DelVecchio, Finance Committee; Ken Gay, MBC; Roger Achille and David McCarter, Board of Selectmen; Mike Trowbridge and Jean Miller, School Committee John D'Agostino, Town Manager; Shaun P. Burke, Director of Planning and Development 1. The meeting vVas called"o ord�r'at 6 30 p.m 12. Oreanization All in favor. PASSES 3. Discussion of Requests The committee discussed specific CIP stabilization accounts and the fact that there is a new law allowing dedicated accounts. Mr. Dolan said vehicle replacement is an ongoing CIP issue and suggested establishing a depreciation schedule for town vehicles. Mr. D'Agostino said the Police Department got $89,000 from Bristol County to replace their communication equipment, but will be submitting a capital request for $100,000 to supplement that grant. Mr. Dolan asked about the Water Department vehicle; Mr. Burke explained the department wants to replace a 1996 truck. Mr. McCarter asked how much money is in the CIP budget. Mr. D'Agostino said there is nothing in the operating budget for CIP, and we may have to use stabilization. The committee discussed the town's ability to bond for CIP. The committee discussed what to do if there is not money for CIP; it was decided to establish priorities anyway, in case there is some money. The committee decided to meet on Tuesdays at 6:30 p.m. The next meetings will be March 9 with presentations by the DPW departments, and March 23 with presentations by Police, Fire and Engineering. 14 Adjourpment at 7:05 p.m. (Gay -Achille) All in favor. Date