HomeMy WebLinkAboutJan 12 23 CapProCom Minutes for January 12,2023,adopted Jan. 19
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/,1 To Town of Nantucket
Capital Program Committee
AAlt www.nantucket-ma.gov
Members: Stephen Welch (Chair),Richard Hussey (Vice Chair),Jill Vieth (Secretary),Jason Bridges, Pete
Kaizer, Christy Kickham,Barry Rector
MINUTES
Thursday,January 12, 2023
Zoom
Called to order a 10:05 a.m. and announcements made by Mr.Welch.
Staff: Susan Carmel,Assistant Financial Director;Terry Norton,Town Minutes Taker
Attending Members: Welch, Hussey,Kickham,Rector
Absent Members: Vieth,Bridges,Kaizer
Documents used: Copy of draft minutes as listed; Capital Improvement Plan (CIP) Requests; draft FY24
Report and Recommendations dated 1/11/23
Adoption of Agenda
Motion Motion to Approve as drafted. (made by: Hussey) (seconded)
Roll-call Vote Carried 4-0//Hussey, Kickham,Rector,and Welch-aye
I. PUBLIC COMMENTS
1. None
II. APPROVE MINUTES
1. January 5,2023
Motion Motion to Approve. (made by: Hussey) (seconded)
Roll-call Vote Carried 3-0//Hussey,Kickham, and Rector-aye;Welch-abstain
III. OVERVIEW AND DISCUSSION OF FY2024 CAPITAL REQUESTS
1. Funding sources updates
Discussion Welch—There's a decrease in funding for Maintenance of Roads; `Sconset footbridge will be
funded from FY2023 appropriations; Silver Street work will be funded from on-going project.
Asked to add the change amount in the Island-wide-road improvement, which would be
reflected in comments and to what the change is attributed. Our recommendation would
coincide if we agree with it.
Motion Motion to Approve the recommendations. (made by: Hussey) (seconded)
Roll-call Vote Carried 4-0//Hussey,Kickham, Rector, and Welch-aye
2. Revisions to Request Amounts
Discussion Welch — Change the amount and reflect in Appendix A. it would help to indicate it's funded
out of FY23 monies.
3. Report-writing Workgroup
Discussion Welch—Review of the draft of report, Appendix A has been reviewed for accuracy and layout
and content; suggests we set it aside for the moment. Appendix B is the same. Appendix C is a
recap of current-year requests and shows prior appropriations in the balance; it has been
distributed to the committee. All of these will be voted in as a group. Page. 5 Tables — One is a
summary of Appendix A and one of Appendix B.
Cannel—All the changes to the tables are reflected in the Appendices.
Welch — Projected cost of Borrowing Impacts table needs some work and is finicky as to
formatting.
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CapProCom Minutes for January 12,2023,adopted Jan. 19
Carmel — This year's table is smaller due to less debt exclusions the new document has not
been inserted it into the report yet.
Welch — Reviewed workflow leading to Ms. Carmel inserting the table into the document.
Noted that the other appendices are best interleaved in PDF format into the report. He will
forward the revised Appendix D showing the tax rate. We should have the report ready for a
vote next Thursday.
Carmel—She hopes to work fully on this later today and send it out no later than tomorrow.
Kickham—It's helpful to note that what's being sent is the final version; asked that be noted in
the email.
Welch—Later this winter,we will determine modifications and enhancements we may want to
make to the program going forward, and then look at implementation of timelines. We will
probably be asked about the Capital Improvement Plan report—in the interest of time,
suggested an offline update from Ms. Carmel. Thanked Ms. Carmel for her assistance to the
workgroup pinning down funding sources, and for helping to make the report ready for print;
this in addition to report readiness through PLUMB;it's a tremendous shift in the time required
to assemble the data—it's been very helpful.
Motion No action at this time.
Roll-call Vote N/A
IV. OTHER BUSINESS
1. Green Sheet/Committee Reports
a. None
2. Good of the Order
a. None
3. Date of the next meeting
a. January 19, 2023 @ 10:00 am
4. Adjournment
Motion Motion to Adjourn at 10:24 am. (made by: Hussey) (seconded)
Roll-call Vote Carried 4-0//Hussey, Kickham,rector, and Welch-aye
Submitted by:
Terry L. Norton
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