Finance Committee Meeting November 15, 2021
6:30 pm City Hall Holyoke
536 Dwight St, Holyoke 01040
Pursuant to the Massachusetts Open Meeting Law, G.L. c. 30A, §§ 18-25,
and Section 20 of Chapter 20 of the Acts of 2021,
notice is hereby given of a meeting of the committee on
Monday, November 15th, 2021
Meeting to take place at
Holyoke City Hall, 536 Dwight St
and can be accessed remotely on Zoom Meetings
Per order of the Chair: Joseph McGiverin
Remote access via www.zoom.us
Meeting ID: 862 8332 5294 Meeting Passcode: 433658 or by call in at 1 (646) 558-8656 with the same Meeting ID and Passcode.
Item 1: 10-19-21 MCGIVERIN — Ordered, Ordered that the sum of $770,000 is appropriated to pay the costs of the War Memorial Replacement ($750,000) and the installation of speed humps within the vicinity of Michigan Avenue ($20,000) and the payment of all costs incidental and related thereto, and that to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7(1) of the General Laws, or pursuant to any other enabling authority, and to issue bonds or notes of the City therefore; that the Mayor is authorized to contract for and expend any state aid available for the project; and that the Mayor is authorized to take any other action necessary or convenient to carry out this project.
Further Ordered: That any premium received by the City upon the sale of any bonds or notes approved by this vote, less any such premium applied to the payment of the costs of issuance of such bonds or notes, may be applied to the payment of costs approved by this vote in accordance with Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount.
Further Ordered: That the Treasurer is authorized to file an application to qualify under Chapter 44A of the General Laws any and all of the bonds or notes authorized to be issued pursuant to this Order, and to provide such information and execute such documents as may be required for such purposes.
Further Ordered: That in order to reduce interest costs, the City Treasurer, with the approval of the Mayor, is authorized to refinance any bonds issues pursuant to this Order and in connection therewith, to issue refunding bonds in accordance with Chapter 44, Section 21A of the General Laws.
Further Ordered: That there shall be no change in the purpose of this bond authorization without prior vote of approval by the Holyoke City Council.
Item 2: 11-4-21 MCGIVERIN — Ordered, that there be and is hereby appropriated by transfer in the fiscal year 2022, TWENTY ONE THOUSAND SEVEN HUNDRED EIGHTY FIVE AND 00/100 Dollars ($21,785) as follows:
14251-51104 HEAVY MOTOR EQUIPMENT OPERATOR $21,785
14252-54221 SUPPLIES TRAFFIC LINES $21,785
Item 3: 10-19-21 MCGIVERIN — Ordered, that in accordance with M.G.L. Chapter 44 Sec. 53A, the City Council hereby accepts the provisions of the “2021 BJA FY21 EDWARD BYRNE MEMORIAL JUSTICE ASSISTANT GRANT (JAG) PROGRAM-LOCAL SOLICITATION, $38,060” grant and authorizes the establishment of a Fund or other method appropriate for the accounting of the receipts and expenditures of all resources associated with the administration of said grant.
Item 4: 11-4-21 MCGIVERIN — Ordered, that there be and is hereby appropriated by transfer in the fiscal year 2022, ONE HUNDRED SEVENTY FIVE THOUSAND AND 00/100 Dollars ($175,000) as follows:
12101-51107 PATROLMEN $75,000
12101-51117 E911 DISPATCHER 100,000
12101-51300 OVERTIME $175,000
Item 5: 11-4-21 Ordered, that there be and is hereby appropriated by transfer in the fiscal year 2022, THREE THOUSAND AND 00/100 Dollars ($3,000) as follows:
12401-51110 PAY-LOCAL BUILDING INSPECTOR $3,000
12401-51300 OVERTIME $3,000
Administrative Assistant: Jeffery Anderson-Burgos
The listing of matters are those reasonably 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. Also one or two items may require the committee to enter into executive session at this meeting. Agenda subject to change up to two business days (48 hours) prior to posted meeting time.
536 Dwight St, Room 10
Holyoke, MA 01040
Meeting days 12:00 PM - 5:00 PM