HomeMy WebLinkAbout2017-9-20Minutes for September 20, 2017, adopted Sept. 27
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Town of Nantucket T 0'vV N C L E R.
Capital Program Committee 201 SEP 27 AM 10: 47
www.nantucket-ma.gov
Members: Christy Kickham (Chair), Peter McEachern (vice chair), Richard Hussey (Secretary), Jason
Bridges, Nat Lowell, Pete Kaizer, Stephen Welch
MINUTES
Wednesday, September 20, 2017
4 Fairgrounds Road, Training Room — 8:00 am
Called to order at 8:13 a.m. and announcements made.
Staff: Libby Gibson, Town Manager; Brian Turbitt, Director Finance; Julia Lindner, Financial
Analyst; Terry Norton, Town Minutes Taker
Attending Members: Kickham, McEachern, Bridges, Lowell, Kaizer, Welch
Absent Members: Hussey
Late arrival: None
Documents used: Copy of minutes for August 2, 2017; FY2019 Capital Project Request Form criteria
ranking worksheet.
APPROVE1.
1. August 2, 2017 —Held
Discussion Welch — Recapped work done on and objectives of the new project request form. Suggested
ranking any project, mandated or not, that comes before ConCom to provide a record of where it
fits in. Walked the committee through the process of ranking the nine criteria using the on-line
worksheet. Members are to review their rankings and inform him if they need to make changes.
He wants to review the final ranking, after all members have completed their input, at the next
meeting and do a test project using the group ranking to show how it will work in real time.
Discussion Gibson — Explained there are some capital projects and have been internal discussions, of a
National Grid improvements project, that will eventually come before CapCom and might
require a special meeting.
Lowell The term placeholder is new; he feels it is a good way to more a project into the
process faster. However, placeholder projects should indicate any timing issues. Asked about
reappropriating funds to expedite smaller projects.
Turbitt — Noted that once money is allocated, it can't be reappropriated; he only permanently
borrows what the project actually costs. A Town Article authorizes the maximum amount that
can be borrowed for a project; it does not reflect what is actually borrowed. When funds are left
over, there are strict guidelines for reappropriating that money; explained the guidelines.
Welch — Asked about the disposition of unspent borrowed money.
Turbitt — It would have to be reappropriated; explained the procedures he would go follow to do
that. Stated that he works very hard to not borrow more than is needed. Explained how a
placeholder project is created.
Discussion about how to find money to expedite implementation of emergency projects.
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Minutes for September 20, 2017, adopted Sept. 2-
COMMITTEE•'CAPCOM BUSINESS
1. None
V. DATE OF
Wednesday, September 27, 2017, 8:00 a.m. at 4 Fairgrounds Road, Community Room
Topics: Review of possible agenda items.
Thursday, September 28, 2017, 4:00 p.m. Joint Board of Selectmen, Finance Committee, and CapCom meeting
at 4 Fairgrounds Road, Training Room.
Adjourned at 9:58 p.m.
Submitted by:
'ferry L. Norton
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