Finance Committee — Agenda, Apr 23, 2024

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda Virtual 6:00 PM Tuesday, April 23, 2024 https://us02web.zoom.us/webinar/register/WN_5rFVszXTQbK6zH5lng06Kg (Posted online: 4/19/24 at 9:00 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://us02web.zoom.us/webinar/register/WN_5rFVszXTQbK6zH5lng06Kg Individuals with disabilities who need auxiliary aids and services for effective communication (i.e. CART, ASL), written materials in alternative formats, or reasonable modifications in policies and procedures, in order to access the programs and activities of the City of Somerville or to attend meetings, should contact Adrienne Pomeroy in advance, at [phone removed] x2059 or ada@somervillema.gov. Roll Call 1. Committee Minutes (ID # 24-0484) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of April 9, 2024. 2. Mayor's Request (ID # 24-0412) Referred for Recommendation: Requesting approval to appropriate $302,720 from the Energy Stabilization Fund to use as a Green Communities grant match to fund energy improvements for 42 Cross Street. 3. Mayor's Request (ID # 24-0476) Referred for Recommendation: Requesting authorization to borrow $7,310,000 in a bond, and to appropriate the same amount for the FY 2024 Water Main Rehabilitation program as part of the Massachusetts Water Resource Authority's Local Water System Assistance Program. Page 1 of 3

Finance Committee Regular Meeting Agenda April 23, 2024 4. Mayor's Request (ID # 24-0495) Referred for Recommendation: Requesting authorization to borrow $1,800,000 in a bond, and to appropriate the same amount for the annual recurring FY 2024 Sewer System Evaluation & Infiltration/Inflow Assessment. 5. Mayor's Request (ID # 24-0492) Referred for Recommendation: Requesting approval of a transfer of $42,500 from the Office of Strategic Planning and Community Development (OSPCD) Housing Personal Services Account to the OSPCD Public Space and Urban Forestry Personal Services Account to cover a projected year-end salary deficit. 6. Mayor's Request (ID # 24-0541) Referred for Recommendation: Requesting approval of the Conveyance and Easement for Parcel D2.2 (Union Square) Civic Space Lot 2A. 7. Mayor's Request (ID # 24-0540) Referred for Recommendation: Requesting approval of a pedestrian access easement on Charlestown Place, approval of a grant of easements over certain alleys located in the D2.2 parcel, and approval of a grant of license from the City to Union Square RELP. 8. Mayor's Request (ID # 24-0490) Referred for Recommendation: Requesting approval to enter into an 84- and 89-month contract renewal term with Big Belly for existing equipment and deliverables, and enter into a new 96-month contract term with Big Belly for new units. 9. Mayor's Request (ID # 24-0489) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $493.08 using available funds in the Department of Public Works Fleet Motor Parts and Accessories Account for vehicle repair parts. 10. Mayor's Request (ID # 24-0488) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $224.67 using available funds in the Department of Public Works Bituminous Supplies Account for the purchase of asphalt. 11. Mayor's Request (ID # 24-0487) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $3,780 using available funds in the Department of Public Works Rental Buildings Account for the lease of conduit to carry Fire Alarm equipment. Page 2 of 3

Finance Committee Regular Meeting Agenda April 23, 2024 12. Mayor's Request (ID # 24-0486) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $307.97 using available funds in the Department of Public Works Admin Postage Machine Rental Account for postage machine lease expenses. 13. Mayor's Request (ID # 24-0485) Referred for Recommendation: Requesting approval to pay prior year invoices totaling $108,373.07 using available funds in the Department of Public Works Natural Gas Account for natural gas expenses. Page 3 of 3