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  2. Board Of Aldermen - Minutes - 4/12/2016 - P10

Board Of Aldermen - Minutes - 4/12/2016 - P10

By dnadmin on Sun, 11/06/2022 - 21:35
Document Date
Tue, 04/12/2016 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Tue, 04/12/2016 - 00:00
Page Number
10
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__041220…

Board of Aldermen Page 10
April 12, 2016

ON THE QUESTION
Alderman Dowd

As we were going through the school projects, we realized we would have some amount of savings from some
other projects listed here. When we were looking at the bonding, we realized that we would utilize these funds
and not increase the amount of bond. We had passed this in concept back quite a while ago. We had to wait
until we knew the exact funds in these accounts. We now know that and now want to transfer these funds so
we may complete Sunset Heights Elementary School HVAC project.

Alderman Deane

Clarification on the $228,956.44. Is that coming directly out of the school capital reserve fund, and if so, what’s
the sum total left in that account?

President McCarthy

It's not coming out of that account. It’s coming out of the capital account that the gym floor money was
transferred into by an earlier resolution. | couldn’t tell you off the top of my head exactly what's left in the
reserve fund.

A Viva Voce Roll Call was taken, which resulted as follows:

Yea: Alderman Wilshire, Alderman Clemons, Alderman Dowd, 11
Alderman Caron, Alderman Siegel, Alderman Schoneman,
Alderwoman Melizzi-Golja, Alderman McGuinness, Alderman LeBrun,
Alderman Lopez, Alderman McCarthy

Nay: Alderman Deane, Alderman Cookson, Alderman Moriarty 3
MOTION CARRIED
Resolution R-16-014 declared duly adopted.

R-16-015
Endorsers: Mayor Jim Donchess
Alderman Ken Siegel
Alderman-at-Large Brian S. McCarthy
Alderman-at-Large Lori Wilshire
Alderman Richard A. Dowd
Alderman June M. Caron
Alderman-at-Large Michael B. O’Brien, Sr.
ESTABLISHING AN EXPENDABLE TRUST FUND FOR STATE EMPLOYER PENSION COSTS
AND APPROPRIATING $2,230,000 FROM FUND BALANCE ASSIGNED FOR THIS PURPOSE
INTO THE EXPENDABLE TRUST FUND
Given its second reading;

Alderman Siegel

Typically | would make a motion for a final passage and move forward but this is a piece of legislation that
requires ten votes and we are missing an Alderman here. | believe that we could go through this entire debate
and come to a point where we vote on this at which point whatever the outcome is and we go through the
exercise of tabling and | would prefer not to waste the Boards the time unless it’s the pleasure of the Board.
So we go through the debate at a point where are all present. Of course, | can’t make that decision myself but

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Board Of Aldermen - Minutes - 4/12/2016 - P10

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