Minutes of Budget Committee (BC) meeting 20 February 2007, Old Town House

Chairman Wood called the meeting to order at 5:35 pm and a quorum was declared.

Attendance: Eaton, Ewing, Talbot, Wood and Cook arrived later.

BOS: Albee, Weeks

Public: 2

The minutes of the BC meeting 6 February 2007 were reviewed and a motion was made to accept the minutes.

Vote 5-0. Minutes are accepted.

Old business:

Wood opened discussion of the Warrant Articles. 

Albee - Move to approve a warrant article to be bonded in the amount of $3,989,425 to build a new Public Safety Building. Second Ewing. No discussion. Vote 5-0 the motion passed.

Albee - Move to approve a warrant article to be bonded in the amount of $2,050,827 to build a new Library Building. Second Talbot. No discussion. Vote 4-1 the motion passed.

Albee - Move to approve a warrant article to be bonded in the amount of $575,000 to purchase the Gould Property. Second Ewing. No discussion. Vote 5-0 the motion passed.

Ewing inquired if the Gould Property could be purchased if the voters at the Town Meeting did not approve the bonded article.  Albee – Not unless it was added as an amendment to another warrant article during the Town Meeting.

Ewing inquired if Capital Accounts could be set up this year to accumulate funds to build the Library and Public Safety Building in the even the bonded article were not approved by the voters at the Town Meeting.  Albee and Weeks – No method has been set to do this unless it was added as an amendment to another warrant article during the Town Meeting. This would be unlikely to be approved and would not be practical.

New Business: There was none to discuss.

Wood – Asked for any further discussion or public comments.

No additional BC meeting was planned. 

Moved to adjourn the meeting, second. The BC meeting was adjourned 5:45pm.

 Joe Ewing

Secretary, Budget Committee