Committee Report - Finance - 3-6-13 — File 194415

March 6, 2013 Finance Committee Page 1 of 1 Printed 3/7/2013 REPORT OF THE FINANCE COMMITTEE Attendee Name Title Status Arrived Maryann M. Heuston Chair Present John M Connolly Vice Chair Present Robert C. Trane Ward Seven Alderman Absent Tony Lafuente Ward Four Alderman Present William A. White Jr. Alderman At Large Present 193480 - Requesting an appropriation of $15,000 from the Capital Projects Stabilization Fund for the Somerville STEAM Academy.: RESULT: PLACED ON FILE 194278 - Requesting an appropriation in the amount of $124,965 from the Capital Projects Stabilization Fund for equipment for the school department: RESULT: KEPT IN COMMITTEE 194310 - Requesting an appropriation and authorization to borrow $1,000,000 in a bond for the cost of engineering analyses of buildings needing Capital Improvements.: RESULT: KEPT IN COMMITTEE 194312 - Requesting an appropriation of $24,000 from Unreserved Fund Balance ("Free Cash") to the Office of Sustainability and Environment Professional Services Account to fund a Climate Change Adaptation and Mitigation Summit.: RESULT: KEPT IN COMMITTEE 194313 - Requesting an increase in the Council on Aging Revolving Fund Expenditure Cap for FY2013 of $30,000.: RESULT: APPROVED