Committee Report - Finance - 10-28-14 — File 197986

October 28, 2014 Finance Committee Page 1 of 2 Printed 11/11/2014 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 Present John M. Connolly Alderman At Large Present William A. White Jr. Alderman At Large Present Others present: Treasurer Peter Forcellese, Jr., City Engineer Melissa Miguel, Water Supt. Ginger Barrett, DPW Commissioner Stan Koty, Omar Boukili - Mayor's Office Approval of the Minutes of October 16, 2014 RESULT: APPROVED 197415 - Requesting authorization to borrow $1,700,000 in a bond, and appropriate the same amount, for public street and sidewalk repairs.: RESULT: APPROVED 197416 - Requesting authorization to borrow $1,000,000 in a bond, and appropriate the same amount, for ADA Accessibility - Curb Ramp installation and improvements.: RESULT: APPROVED 197757 - Requesting the establishment of an Infiltration/Inflow Stabilization Fund.: RESULT: APPROVED 197850 - That the Director of Finance and/or the City Treasurer report to this Board on what categories of grants, gifts, payments, donations, etc. and by what type of entities need

Committee Meeting October 28, 2014 Finance Committee Page 2 of 2 Printed 11/11/2014 to be formally accepted by a vote of this Board and which do not require official acceptance.: RESULT: KEPT IN COMMITTEE 197903 - Requesting the acceptance of a donation of $30,000 from Fill in the Blanks Production, to support community events, youth and senior programming and other community activities.: RESULT: APPROVED 197904 - Requesting the acceptance of a donation of $2,500 from AvalonBay Communities to support community events, youth and senior programming and other community activities.: RESULT: APPROVED 197926 - Requesting authorization for a time extension for the Gilbane Building Company, to March 31, 2015, for work on the East Somerville Community School.: RESULT: KEPT IN COMMITTEE 197927 - Requesting an appropriation of $79,000 from the Capital Stabilization Fund for repairs to the Retaining Wall on the bike path near Davis Square.: RESULT: APPROVED 197928 - Requesting a transfer of $8,000 from the Executive Summer Jobs Youth Program to various Recreation Dept. Ordinary Maintenance Accounts to fund a Girls Basketball Program.: RESULT: KEPT IN COMMITTEE 197929 - Requesting a transfer of $8,000 from the Executive Summer Jobs Youth Program to various Recreation Dept. Ordinary Maintenance Accounts to fund a Boys Basketball Program.: RESULT: KEPT IN COMMITTEE