Committee Report - Finance - 3-24-14 — File 196461

March 24, 2014 Finance Committee Page 1 of 2 Printed 3/25/2014 REPORT OF THE FINANCE COMMITTEE Attendee Name Title Status Arrived Tony Lafuente Chair Present Maryann M. Heuston Vice Chair Absent Katjana Ballantyne Ward Seven Alderman Present John M. Connolly Alderman At Large Present William A. White Jr. Alderman At Large Present Others present: Ald. Rossetti, Kevin Kelleher, Omar Boukili, Marc Levye, Ed Bean, Paulette Renault- Caragianes, Peter Forcellese, Jr., Frank Wright Approval of the Minutes of February 25, 2014 RESULT: APPROVED 196375 - That the Administration consider exempting senior citizens from paying the surcharge associated with the Community Preservation Act.: Mr. Boukili and Mr. Levye spoke on this matter. The city is exploring other ways to offset the CPA charge, including a proposal to raise the residential exemption to 35%. RESULT: PLACED ON FILE 196418 - Requesting an appropriation of $64,000, and authorization to borrow $64,000 in a bond, for Architectural and Engineering Services to replace existing temporary trailer living quarters for the Fire Department at 220 Washington St.: Chief Kelleher and Mr. Boukili spoke about the need for this item and said that conversations regarding maintenance were not fruitful. Site exploration for the new facility is planned. RESULT: APPROVED

Committee Meeting March 24, 2014 Finance Committee Page 2 of 2 Printed 3/25/2014 196419 - Requesting the acceptance of a $5,000 grant from Project Bread, for the Health Dept.'s Shape Up Somerville program to support access for low income residents to the Mobile Farmers' Market.: Ms. Renault-Caragianes discussed multi-lingual outreach. RESULT: APPROVED 196420 - Finance Director responding to #196320 re: FY14 appropriations.: RESULT: WORK COMPLETED 196427 - Requesting the adoption of a Home Rule petition relative to an increase in the exemption for residential real property from 30 per cent to 35 per cent.: Mr. Levye discussed the impact of this proposal on the city's overlay account and noted that it would not effect this year's (FY-14) budget. RESULT: APPROVED