Events

Finance Committee Meeting 1/23/17 Text Size

Event takes place on January 23, 2017 at 6:30 PM
Holyoke City Hall: Council Chambers

City Council
Holyoke Massachusetts

Notice of Committee Meeting
There will be a regular meeting of the Committee on
Finance

 

At City Hall in the Council Chamber, on Monday January 23rd at 6:30PM
Per order of the Chair: Todd McGee

Agenda:

Item 1:  Acceptance of Previous meeting minutes

Item 2: McGee 11/7/16: Ordered that the City Council invite the School Superintendent and building relocation committee in to get an update on the process

Item 3: CBA agreement between City of Holyoke and International Brotherhood of Police Officers Local 388

Item 4: McGee 8/2/16: Ordered, that there is hereby authorized to be established and maintained for fiscal year 2017, in accordance with M.G.L. Chapter 44 Sec. 53E1/2, the Vacant Property Revolving Fund.
            1.  Expenditures from the fund shall be specifically for the purposes of 1)Boarding up and cleaning up vacant properties and recording liens for such expenses; 2) Recording liens for unpaid vacant building registration fees anmd ticket fines.
            2.  The source of receipts to be credited to the Fund shall be 1) Vacant building registration fees; 2) Reimbursement for board-up and cleaning expenses; 3) Ticket fines; 4) Reimbursement for lien recording expenses.
            3.  The officer authorized to expend from the Fund shall be Brian Fitzgerald.
            4.  The limit on the total amount which may be expended from the Fund during fiscal year 2017 shall be the lesser of actual receipts collected during fiscal year 2017 or $50,000 which, when combined with all other such revolving funds authorized under M.G.L. Chapter 44 Sec. 53E1/2 under the direct control of the officer designated in 3., above, does not exceed 1% of the amount raised by taxation in 2017.

Item 5: McGee 6/28/16: Ordered, that there is hereby authorized to be established and maintained for fiscal year 2017, in accordance with M.G.L. Chapter 44 Sec. 53E1/2, the Government TV Access Channel Revolving Fund.
            1.  Expenditures from the fund shall be specifically for the purposes of  monitoring, programming, broadcasting and maintenance of the Holyoke community TV channel for HPRG and the Holyoke Public Schools.
            2.  The source of receipts to be credited to the Fund shall be proceeds from the fee agreement with Holyoke PEG Acccess Inc., contributions and other funds.
            3.  The officer authorized to expend from the Fund shall be Superintendant of the Holyoke Public Schools.
            4.  The limit on the total amount which may be expended from the Fund during fiscal year 2017 shall be the lesser of actual receipts collected during fiscal year 2017 or $150,000 which, when combined with all other such revolving funds authorized under M.G.L. Chapter 44 Sec. 53E1/2 under the direct control of the officer designated in 3., above, does not exceed 1% of the amount raised by taxation in 2017.

Item 6: McGee 9/6/16: Financial Transfer of $270,210.07 FROM: Stabilization Fund TO: Claims and Damages

Item 7: McGee 12/20/16: Ordered that the City of Holyoke pay $20,000 from Free Cash to Jose Bou for damages incurred at 392 High St. in conjunction with the Essex House collapse

Item 8: Sullivan 12/20/16 Order:  That the settlement for Maria Ferrer be paid immediately from the remaining unused portion of the demolition bond for the former Essex House.  The city council approved 1.5m and to date approximately $1,260,000 has been  spent,  leaving a balance of approximately $240,000.  This settlement is an expense for the demolition. Interest payment for use of the bond funding is far less than revenue lost by using stabilization funds. 

Item 9: McGee 12/20/16: Financial Transfer request of $28,259.93 FROM: Free Cash TO: Longevity, Clothing Allowance, Holiday Differential

Item 10: McGee 1/3/17: Financial Transfer request of $43,801 FROM: Free Cash TO: Longevity, Clothing Allowance, Holiday Differential

Item 11: McGee 1/3/17: Financial Transfer request of $65,000 FROM: Free Cash TO: Motor Vehicle Supplies and Motor Vehicle Repairs

Item 12: McGee 12/20/16: Financial Transfer request of $5,273.87 FROM: Free Cash TO: PAY- Chief Procurement Officer

Item 13: McGee 6/21/16 Financial Transfer Request of $100,000 FROM: 2013 Bond Principal TO: Health Insurance, Life Insurance, FICA/Medicare

Item 14: McGee 2/2/16 Financial Transfer request of $142,986.07 FROM 2013 Bond Principal TO: Claims and Damages

 

 

Administrative Assistant: Ryan M. Allen
The listing of matters are those reasonable anticipated by the chair which may be discussed at the meeting. Not all items listed may in fact be discussed and other items may also be brought up for discussion to the extent permitted by law.

 

 


Posted on January 19, 2017 by