Committee Report - Finance - 7-2-14 — File 197407

July 2, 2014 Finance Committee Page 1 of 3 Printed 7/3/2014 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 Absent John M. Connolly Alderman At Large Absent William A. White Jr. Alderman At Large Present Others present: Ald. Niedergang, Steve McEachern, Ron Bonney, Charles Femino, Stan Koty, Ed Bean, Greg Jenkins, Hayes Morrison, Frank Wright, Suzanne Rinfret, Omar Boukili, Michael Glavin Approval of the Minutes of May 29, 2014 RESULT: APPROVED 196919 - That the City Solicitor advise whether this Board has the authority to pass an ordinance that requires the approval of this Board for any agreement for payment in lieu of taxes.: Frank Wright presented a copy of his written response of June 2, 2014 and spoke about his findings relative to other communities policies. Mr. Wright based his opinion on Somerville's City Charter. RESULT: WORK COMPLETED 196952 - Requesting the acceptance of a grant of $22,125.85 from the Mayor's Office of Emergency Management, for the Police Department's target hardening project.: Chief Femino spoke about how the funds would be used. RESULT: APPROVED

Committee Meeting July 2, 2014 Finance Committee Page 2 of 3 Printed 7/3/2014 197050 - Requesting the acceptance of a mitigation payment of 5 Electronic parking meters: Suzanne Rinfret spoke about the item. RESULT: APPROVED 197083 - Requesting the acceptance of a gift of a piano valued at $500 to be used in the new Sound Studio for young musicians.: Mr. Bean read the letter from the donor. RESULT: APPROVED 197174 - Requesting an appropriation of $750,000 for the cost of replacing DPW equipment and authorization to borrow $750,000 in a bond to meet the appropriation.: Ron Bonney and Steve McEachern spoke on the item and provided a list of equipment to be replaced and/or purchased. RESULT: APPROVED 197186 - Requesting acceptance of a mitigation payment of $94,744.75 to establish the Open Space Improvements Stabilization Fund.: Ed Bean explained the reason this payment is being made. It pertains to 339 Medford Street. Mr. Glavin spoke on this item, as well, and explained that it was a negotiated settlement. The committee discussed ways to ensure that these funds be earmarked for the area in question, (in Ward 2), and Mr. Bean informed that a new request would have to be submitted to the BOA. Mr. Bean also advised that the wording of this item is flawed. RESULT: KEPT IN COMMITTEE 197188 - Requesting the acceptance of a grant of $35,000 from the Metropolitan Area Planning Council for the Police Department's Bicycle-Pedestrian Traffic Enforcement Program.: Chief Femino spoke on the item. Ald. Niedergang requested a copy of the grant document. RESULT: APPROVED 197239 - Requesting an appropriation and authorization to borrow $171,000 in a bond to install lighting for the turf field at the Capuano School.: Hayes Morrison explained that the field receives extensive use and that the lighting would allow it to be used later in the day. There is an associated grant that would reimburse the city up to $50,000.

Committee Meeting July 2, 2014 Finance Committee Page 3 of 3 Printed 7/3/2014 RESULT: APPROVED 197240 - Requesting an appropriation of $64,300 and authorization to borrow that amount in a bond for additional final phase work pertaining to the design and engineering contract for the Davis Square streetscape improvements.: Hayes Morrison presented a sketch of a proposed plaza in Davis Square. RESULT: APPROVED 197308 - Requesting the acceptance of a grant of $415,000 from ArtPlace, for the Arts Council's use to creative uses of the former waste transfer site.: Greg Jenkins presented a draft proposal and gave some background on the item and Hayes Morrison spoke about evaluation of the site for possible contaminants. RESULT: APPROVED 197339 - Requesting that the City-owned portion of 163 Glen Street be declared available for disposition.: Mr. Boukili requested that this item be kept in committee. RESULT: KEPT IN COMMITTEE 197350 - That the Retirement Board increase the cost of living base from $12,000 to $13,000.: Mr. Wright distributed his opinion on the matter and explained how members would be effected, based on their individual vesting in the retirement system. Essentially, any alderman who is vested in the system would not be able to vote on the item. RESULT: WORK COMPLETED