Finance Committee — Agenda, Dec 6, 2022

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda Virtual 6:00 PM Tuesday, December 6, 2022 https://attendee.gotowebinar.com/register/3271514812590733145 (Posted online: 12/1/22 at 7:15 AM) Pursuant to Chapter 107 of the Acts of 2022, this meeting of a City Council Committee will be conducted via remote participation. We will post an audio recording, audio-video recording, transcript, or other comprehensive record of these proceedings as soon as possible after the meeting on the City of Somerville website and local cable access government channels. Copy & paste the following link into your internet browser to view this meeting live: https://attendee.gotowebinar.com/register/3271514812590733145 Roll Call 1. Committee Minutes (ID # 22-2051) Approval Review: Approval of the Minutes of the Regular Meeting of November 17, 2022. Retirement Board 2. Officer's Communication (ID # 22-1855) Referred for Recommendation: Retirement Board requesting approval of an increase in the retiree cost of living adjustment base to $16,000. Land Dedications 3. Mayor's Request (ID # 22-2000) Referred for Recommendation: Requesting approval to dedicate for recreational use, in perpetuity, the parcel of land known as Henry Hansen Park. Lease Agreements 4. Mayor's Request (ID # 22-2041) Referred for Recommendation: Requesting approval of the Alternative Transportation Corridor Lease Agreement with the Massachusetts Bay Transportation Authority (MBTA). Bonding Page 1 of 3

Finance Committee Regular Meeting Agenda December 6, 2022 5. Mayor's Request (ID # 22-2017) Referred for Recommendation: Requesting authorization to borrow $89,332,819 in a bond, and to appropriate the same amount for the Poplar Street Pump Station construction project. Transfers 6. Mayor's Request (ID # 22-2015) Referred for Recommendation: Requesting an interdepartmental transfer of $175,000 from the DPW Buildings, OT Labor Account to the DPW Grounds, OT Labor Account for Grounds overtime labor costs through FY 2023. Prior Year Invoices 7. Mayor's Request (ID # 22-2005) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $224,473.60 using available funds in various Department of Public Works ordinary maintenance budgets. 8. Mayor's Request (ID # 22-1824) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $1,500 using available funds in the Department of Racial and Social Justice Translation Services Account for Communication Access Realtime Translation (CART) services. 9. Mayor's Request (ID # 22-2008) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $1,575 using available funds in the Human Resources Ordinary Maintenance Advertising Account for advertising vacant city positions. 10. Mayor's Request (ID # 22-2009) Referred for Recommendation: Requesting approval to pay a prior year invoice totaling $3,850 using available funds in the Human Resources Arbitration Services Account for FY 2021 arbitration services. 11. Mayor's Request (ID # 22-2010) Referred for Recommendation: Requesting approval to pay a prior year invoice totaling $3,600 using available funds in the Human Resources Professional & Technical Services Account for temporary consulting services. 12. Mayor's Request (ID # 22-2011) Referred for Recommendation: Requesting approval to pay a prior year invoice totaling $137.50 using available funds in the Human Resources Postage Account for FedEx delivery services. Grant Acceptances Page 2 of 3

Finance Committee Regular Meeting Agenda December 6, 2022 13. Mayor's Request (ID # 22-2006) Referred for Recommendation: Requesting approval to accept and expend a $53,200 grant with no new match required, from the Mass Cultural Council to the Arts Council for the Local Cultural Council grant program. Referenced Documents: Finance - 2022-12-6 RSJ Memo (with 22-1824) Finance - 2022-12-6 Arts Council Memo (with 22-2006) Finance - 2022-12-6 HR Memo (with 22-2008, 22-2009, 22-2010, 22-2011) Page 3 of 3