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  2. Finance Committee - Minutes - 6/1/2022 - P7

Finance Committee - Minutes - 6/1/2022 - P7

By dnadmin on Sun, 11/06/2022 - 21:48
Document Date
Wed, 06/01/2022 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 06/01/2022 - 00:00
Page Number
7
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__060120…

Finance Committee — 06/01/2022 Page 7

Jon Ibarra, Superintendent of Streets

Good. How are you?

Chairman Clemons

Very good. Thank you for being here and if you could explain this, I'd appreciate it.

Jon Ibarra, Superintendent of Streets

Yes, Sir. So back in November of 21 we went out to bid to replace some of our overhead doors that are in poor condition
due to the corrosive environment. We selected the worst 5 out of the 26 that we had not knowing where the bidding
would land us. After the contract was awarded, we ended up having more money in escrow and we asked them if they
would be willing to hold their price and quote more doors to fulfill the balance of what | had to invest in this project and
they agreed to. So we're going to replace six more doors with this change order and I'm happy to answer any questions.

Chairman Clemons

Any questions or comments from the Committee?
| do have a question. What is the life expectancy of the new doors?

Jon Ibarra, Superintendent of Streets

That's a great question. | will have to look into it. We are replacing the original doors from the Street Department but |
could not tell you...

Chairman Clemons

How old are those?

Jon Ibarra, Superintendent of Streets

1978 | believe they were installed.

Chairman Clemons

Okay. So yeah if we can get 30 years out of these, | think that would be a good thing especially because they held the
price. | mean that in these days, that's kind of...

Alderwoman Timmons

Yeah | don’t know if I’m going to be around 30 more years.

Jon Ibarra, Superintendent of Streets

Exactly. In this environment with the supply chain issues for them to agree to this is phenomenal. Same with my next
change order, which we'll get to.

Chairman Clemons

Absolutely. Any other comments or questions?

Alderman Comeau

You actually made me think of it Mr. Chair but with the installation of the new doors is the company offering any warranty
or any service plan?

Jon Ibarra, Superintendent of Streets

Page Image
Finance Committee - Minutes - 6/1/2022 - P7

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