Finance Committee — Agenda, Apr 25, 2023

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda Virtual 6:00 PM Tuesday, April 25, 2023 https://attendee.gotowebinar.com/register/1631749353508696411 (Posted online: 4/21/23 at 6:15 AM) Pursuant to Chapter 2 of the Acts of 2023, 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/1631749353508696411 Roll Call 1. Committee Minutes (ID # 23-0541) Approval Review: Approval of the Minutes of the Finance Committee Meeting of April 11, 2023. Requisitions 2. Mayor's Request (ID # 23-0526) Referred for Recommendation: Requesting the use of $14,154.88 in available funds from the Health and Human Services Salaries Account to fund a Finance Manager position. Appropriations 3. Mayor's Request (ID # 23-0527) Referred for Recommendation: Requesting the appropriation of $180,000 from the Medical Marijuana Stabilization Fund for the Substance Use Prevention Coordinator position for FY 2024 and FY 2025. 4. Mayor's Request (ID # 23-0510) Referred for Recommendation: Requesting the appropriation of $1,618,683 from the Community Preservation Act Fund Affordable Housing Reserve to the Affordable Housing Trust. 5. Mayor's Request (ID # 23-0539) Referred for Recommendation: Requesting the appropriation of $135,050.89 from the Parks and Open Space Stabilization fund for completion of the 25% design services for Union Square Plaza and Streetscape project. Page 1 of 3

Finance Committee Regular Meeting Agenda April 25, 2023 Grant Acceptances 6. Mayor's Request (ID # 23-0544) Referred for Recommendation: Requesting approval to accept and expend a grant of $2,500 from the Massachusetts Cultural Council to the Public Library for a Library Comix Con event. 7. Mayor's Request (ID # 23-0521) Referred for Recommendation: Requesting approval to accept and expend an $18,840 grant with no new match required, from the Massachusetts Department of Environmental Protection to the Department of Public Works for mattress recycling. Transfers 8. Mayor's Request (ID # 23-0507) Referred for Recommendation: Requesting approval of a transfer of $30,000 from the DPW Electrical Account to the DPW Fleet Account for costs related to motor parts and accessories. 9. Mayor's Request (ID # 23-0542) Referred for Recommendation: Requesting the transfer of $12,729.52 in available funds from the Parks & Recreation Uniforms Account to the Department of Public Works Interior Building Maintenance Account for the installation of a buzzer system with a security camera at the Edgerly Building. 10. Mayor's Request (ID # 23-0633) Referred for Recommendation: Requesting approval of a transfer of $1,000 from the Engineering Personal Services Salaries Account to the Infrastructure & Asset Management Personal Services Salaries Account to fund the IAM Administrative Assistant position reclassification. Bonding 11. Mayor's Request (ID # 23-0533) Referred for Recommendation: Requesting authorization to borrow $7,110,000 in a bond, and to appropriate the same amount for participation in the Massachusetts Water Resources Authority’s Local Water System Assistance Program for Water Main Rehabilitation projects. 12. Mayor's Request (ID # 23-0532) Referred for Recommendation: Requesting authorization to borrow $2,840,000 in a bond, and to appropriate the same amount for the recurring FY 2023 Building Improvements program. 13. Mayor's Request (ID # 23-0531) Referred for Recommendation: Requesting authorization to borrow $2,000,000 in a bond, and to appropriate the same amount for additional work on the Somerville Ave Streetscape & Utilities project. Page 2 of 3

Finance Committee Regular Meeting Agenda April 25, 2023 14. Mayor's Request (ID # 23-0530) Referred for Recommendation: Requesting authorization to borrow $4,200,000 in a bond, and to appropriate the same amount for additional work on the Somerville Ave Streetscape & Utilities project. Orders 15. Order (ID # 23-0359) Sent for Discussion: By Councilor Burnley Jr. and Councilor Kelly That the City Solicitor advise this Council regarding the city's ability to use General Funds for a mass medical debt relief program. Communications 16. Communication (ID # 23-0642) Sent for Discussion: By Councilor Wilson Conveying the draft schedule for the FY 2024 Budget Review. Page 3 of 3