2026-10-28 - Finance Committee Meeting
Summary
Built from the posted agenda, which was read from a scanned document; names and numbers may contain reading errors. No minutes or video yet, so motions and votes are not known.
- Meeting held ahead of the council's special tax classification hearing; see FY2027 Tax Classification and 2026-10-28 - Tax Classification Public Hearing.
- Two Eco One Stop grant appropriations: about $2,979,000 for the McTaggart Pond Dam Removal and Phillips Brook Restoration construction phase, and about $133,700 for an Overlook Reservoir dam and dike removal feasibility study.
- About $150,000 in grant funds for design and permitting of two replacement culverts on Ashby West Road.
- About $260,000 Land and Water Conservation grant toward the Riverfront Park Stage (stated total project cost $520,000).
- Reserve for Municipal Purposes requests: about $40,000 for title searches, appraisals and easements for new sidewalks to Memorial Middle School; about $64,575 for DEP clean-up costs at city-owned sites; about $205,817.80 to cover FY2026 deficits (largest line: workers compensation, about $139,810).
- About $22,658 from the TNC per-ride assessment reserve to road repaving.
- Order 180-26 would amend the $11,400,000 water borrowing; see Water Projects Loan Order Amendment.
- Notice is signed for Chairman Derrick Cruz and provides for a Committee of the Whole if a council quorum attends.
Agenda
Meeting at 6:00 PM, Legislative Building, 700 Main Street. Also viewable on FATV, Comcast 9 and Verizon 36.
- Announcement regarding recording of public meetings
- Public Forum
- Council as a Whole items:
- 172-26 Appropriate about $2,979,000 (Eco One Stop Grant), McTaggart Pond Dam Removal and Phillips Brook Restoration, construction phase
- 173-26 Appropriate about $133,700 (Eco One Stop Grant), feasibility study, Overlook Reservoir Dam and Dike
- 174-26 Appropriate about $150,000 grant funds, design and permitting of two Ashby West Road culverts
- 175-26 Appropriate $22,658.40 from TNC per-ride assessment reserve to DPW street repair (repaving)
- 176-26 Appropriate about $260,000 Land and Water Conservation grant, Riverfront Park Stage (total $520,000; prior funding from New Vue Communities, state earmarks, Beers for Good, CDBG Year 52)
- 177-26 Appropriate $40,000 from Reserve for Municipal Purposes, title searches, appraisals and easements for sidewalks to Memorial Middle School
- 178-26 Appropriate $64,575 from Reserve for Municipal Purposes, DEP clean-up costs at city-owned sites
- 179-26 Appropriate $205,817.80 from Reserve for Municipal Purposes for FY2026 deficits (Law labor negotiator, Board of Health rubbish removal and landfill, workers compensation, Medicare)
- 180-26 Amend Loan Order 019-25 ($11,400,000 water projects); see Water Projects Loan Order Amendment