HomeMy Public PortalAboutCapital Planning Committee -- 2014-01-02 Minutes Capital Plan Committee
Town Hall, Small Conference Room
January 2, 2014
Minutes BREYSTEc TOW CLERK
The meeting was called to order at 2:30 P.M. ,14 F'' 7 2:; '4
Present: Lisa Souve, Lisa Vitale and Charles Sumner. Also attending was Mark
O'Brien and Rob Harris.
The meeting began with a discussion about the Capital Plan review process. All
meetings and department are scheduled through January. The presentation to
the Board of Selectmen will be on February 3, 2014. The Water Department was
not able to come in today. They will be rescheduled.
The only department for review today is Golf. Mark O'Brien as well as Rob Harris
from the Golf Commission were present.
Mark O'Brien presented the 5-Year Capital Plan for the Golf Department. Item
#102 for Kitchen Equipment was removed as the equipment replacement is now
the responsibility of the new vendor. The Electrical Service to pumps has been
moved out beyond 2019 and will be dealt with as outages occur for now. The
annual lease payments for the triplexes were corrected to $6,630 to reflect the
actual lease payments. It was decided to show the Cart Path Paving line as
$30,000 in FY14, Tee Renovations as $170,000 in FY14 and Sink Holes as
$40,000 per year for FY15, 16, 17, 18, and 19. This totals the $400,000
approved at the November Town Meeting ($200,000 from Receipts Reserved and
$200,000 borrowed over 5 years). Mark O'Brien stated that leases are
contemplated for most of the future equipment replacement for cash flow
purposes and that the plan tries to maintain a $150,000 budget per year for
equipment replacement.
Charlie Sumner made a motion to adjourn at 3:15 pm, Lisa Vitale second. The
vote was unanimous in favor.
The next meeting is on January 7, at 9:00am.
Respectfully Submitted,
Charles Sumner
Town Administrator
Approved 02.06.14
Capital Plan Review Minutes Page 1
January 2, 2014