Committee Report - Finance - 4-25-17 — File 203289

Finance Committee Page 1 of 3 Printed 4/26/2017 April 25, 2017 REPORT OF THE FINANCE COMMITTEE Attendee Name Title Status Arrived Tony Lafuente Chair Present Maryann M. Heuston Vice Chair Present Katjana Ballantyne Ward Seven Alderman Present Matthew McLaughlin Ward One Alderman Present William A. White Jr. Alderman At Large Present Others present: Michael Glavin - OSPCD, Kristen Stelljes - CPA, Eileen McGettigan - Law, Rob King - Capital Projects, Michael Bertino - Treasury, Alan Inacio - OSPCD, David Webster - FRIT, Vanessa Moody - Goulston and Storrs, Bill Dillon - Goulston and Storrs, David Burson - Partners, Jay Phillips - Partners, Tim Snyder - Mayor’s Office, Rositha Durham - Clerk of Committees. The meeting took place in the Committee Room and was called to order at 6:00 PM by Alderman Lafuente and adjourned at 7:00 PM. Approval of the March 22, 2017 Minutes RESULT: ACCEPTED 200413: Requesting acceptance of the fee interest in Parcel 34B, including portions of Great River Road, Assembly Row, Canal Street, and Foley Street, and all of Artisan Way. Mr. Webster, Ms. McGettigan and Mr. Glavin addressed this issue. The deed for this property was submitted in 2015. There will be no change of maintenance for the streets, per previous agreement with the City. Great River Road is owned by DCR with an easement provided to the city. Alderman Ballantyne asked for clarification of "fee interest". RESULT: APPROVED 201527: Requesting the acceptance of certain Assembly Row streets as Public Ways, including Grand Union Boulevard and portions of Great River Road, Artisan Way, Canal Street, and Foley Street. See discussion of item 200413.

Finance Committee Page 2 of 3 Printed 4/26/2017 RESULT: APPROVED 202886: Requesting authorization to increase the expenditure cap of the Planning and Zoning Notice Revolving Fund from $28,000 to $35,000 for FY17. Mr. Inacio explained that this is a special request due to the workload and said that the fund is self-funded. RESULT: APPROVED 202977: Requesting an appropriation of $41,000 from the Capital Stabilization Fund to conduct a Police Department Headquarters Feasibility Study. Mr. King and Mr. Glavin addressed this item, explaining that the study is associated with the needs of the public safety building and the relocation of the Police Department. The study will evaluate a number of different sites, including a location for Engine 3, contain all space in one building and address the space needs assessment and parking. The study should be complete within a couple of months. Alderman White asked about the process of declaring property surplus and the time line. The last study was completed several years ago and is quite dated. Alderman Heuston asked about the Fire Department being left out of the study and also questioned the timing of this along with the zoning and development coordination of Union Square. Alderman Ballantyne spoke about the Public Safety building being part of the conversation. The Police Dept Headquarters will include all current uses in Union Square. RESULT: APPROVED 203053: That the Director of Finance provide this Board’s Finance Committee with updates regarding the city’s debt. Mr. Bertino distributed and reviewed a draft of the city's outstanding debt summary report. There was a discussions about the city supplementing the ice rink’s funds, due to insufficient revenue being generated. Alderman Ballantyne suggested a couple of changes to the report to make it easier to read. RESULT: WORK COMPLETED 203087: Requesting the appropriation of $203,378 from the CPA Fund Undesignated Reserve to the Somerville Hispanic Association for Community Development for Phase IB of the rehabilitation of the Grace Baptist Church. Ms. Stelljes said that the funding would enhance the building and provide community value. RESULT: APPROVED 203088: Requesting the appropriation of $41,863 from the CPA Fund Open Space and Recreation Land Reserve to the Mystic River Watershed Association for landscape design for the Blessing of the Bay Boathouse Park.

Finance Committee Page 3 of 3 Printed 4/26/2017 Ms. Stelljes said the land is owned by the Conservation, which is working closely with the city. RESULT: APPROVED 203089: Requesting the appropriation of $33,176 from the CPA Fund Open Space and Recreation Land Reserve to the Friends of the Community Growing Center for the rehabilitation of the Community Growing Center. Ms. Stelljes said this project is required to follow state bidding laws and will start construction next year. RESULT: APPROVED 203090: Requesting the appropriation of $6,300 from the CPA Fund Undesignated Reserve to the city's Planning Division for the restoration of grave markers in the Milk Row Cemetery. Ms. Stelljes said the funds will be used to restore 48 old grave markers. RESULT: APPROVED 203232: Requesting acceptance of an easement over Block 11 at Assembly Square. Ms. Moody, Mr. Dillon, Mr. Burson, Mr. Phillips and Ms. McGettigan addressed this item. A day care center will be constructed by Partners and the easement will allow the public to pass through, thereby satisfying the requirement of the Planning Board. RESULT: APPROVED Handouts: • Debt Summary (with 203053) • CPA - Grace Baptist Church (with 203087) • CPA Funding Reserve (with 203088)