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HomeMy Public PortalAbout06-10-2014 Library Revolving_201406060957234994Michael J. Driscoll Town Manager TOWN OF WATERTOWN Office of the Town Manager Administration Building 149 Main Street Watertown, MA 02472 Phone: 617-972-6465 Fax: 617-972-6404 www.watertown-ma.gov townmgr@watertown-ma.gov To: Honorable Town Council From: Michael J. Driscoll, Town Manager Date: June 5, 2014 RE: Agenda Item — Approval of Revolving Account Beginning in Fiscal Year 2012, the Honorable Town Council has approved a revolving fund to account for the Watertown Free Public Library's public printing activity. The utilization of a revolving account is in order to accommodate the numerous requests from patrons for both color and wireless printing. Pursuant to Massachusetts General Laws Chapter 44, Section 53E '/, a City or Town may annually authorize the establishment of a revolving fund by vote of the Town Council, upon recommendation of the Town Manager. Therefore, I respectfully request the approval of a revolving fund for the Library's public printing program for activity during Fiscal Year 2015 be placed on the June 10, 2014 Town Council Agenda. Thank you for your consideration in this matter. cc: Honorable Library Board of Trustees Leone E. Cole, Library Director Karen Norton, Assistant Town Treasurer/Collector Thomas J. Tracy; Town Auditor Resolution R -2014 - WHEREAS: The Watertown Free Public Library (the Library) receives numerous requests for both color and wireless printing and that such requests are unable to be provided with the Library's current printing services; and WHEREAS: In order to provide this printing services to the patrons, the Library must change the way they deliver printing services; and WHEREAS: After an exhaustive search, the Library was unable to find a vendor who would provide everything needed using the existing model. It has become necessary for the Library to purchase the equipment, supplies and software to enable enhanced printing services for the public; and WHEREAS: The General Laws, Chapter 44, 53E'/2 authorizes the creation of a revolving fund as a mechanism for the dedication of funds derived from a specific municipal operation to the future support of such operation; and WHEREAS: The Town Council of the City known as the Town of Watertown authorizes the establishment of a revolving fund pursuant to G.L. c. 44, 53E'/2 to be known as the Watertown Free Public Library - Public Printing Program. NOW THEREFORE BE IT RESOLVED, that there shall be deposited into said Revolving Fund all revenues received from any source in connection with the operation of the Public Printing Program and from said Revolving Fund expenditures may be made for the purchase of ongoing supplies and service to enable enhanced printing services for the public and enable the Library to sustain this service, with the approval of the Town Manager, in an amount not to exceed $15,000 during Fiscal Year 2015, provided that expenditures in excess of said $15,000 may be authorized by vote of the Town Council. Council Member I hereby certify that at a regular meeting of the nine member Town Council for which a quorum was present, the above resolution was adopted by a vote of for, against and present on June 10, 2014. Valerie Papas Mark Sideris Clerk of the Council Council President