Budget & Finance Jan. 17th Meeting

Budget & Finance Committee

Meeting was called to order by the Vice-Chair at 7:01pm at Town Hall.

1. Committee Attendees: Ty Kehrer (Chair), Ken Walsh, Allison Stern, Dale Urbanek and Frank Puleo.

2. Non-Committee Attendees: Wendy Taylor (SRP General Manager), Suzanne Allen (SFMC) and Kevin Ubelhart (SRB Treasurer).

3. Public Comment / Issues: None

4. No one electronically recorded the meeting.  Minutes were recorded for this meeting by Ty Kehrer.

5. Review and Adopt the Minutes from December 2017 Meeting. 

a. Allison Stern made a motion that, “The Budget and Finance Committee accepts the December minutes as presented.”  The motion was seconded by Ken Walsh.
b. The motion passed with Dale Urbanek abstaining.

6. The Committee reviewed the financial statements for December 2017.  No motion was made as the December financials are just the first draft.  A motion will be made in February on the final version.

7. Investments – No action needed.

8. Bid Review:  The Budget and Finance Committee reviewed bids for the replacement of sidewalk throughout the Community for a total for 401 slabs.  Frank Puleo made the motion that, “The Budget and Finance Committee recommends the use of both Finley Asphalt and Dominion Paving at a cost of up to $50,000 to replace 401 slabs of sidewalk.”  The motion was seconded by Dale Urbanek.  The motion passed “Unanimously”.  Note:  The split on the work and fee between the two companies will be handled by Wendy Taylor and her staff at the Proprietary. 

9. Discussions:  There was a brief discussion about the thinning of trees throughout the neighborhood by the landscaping company.

10. The meeting adjourned at 7:32 pm.

11. Next Budget and Finance Meeting:  Wednesday February 21, 2018 at Town Hall at 7:00 pm.