Finance Committee

Virtual

Agenda — 17 items

1. 1 (Posted online: 9/19/24 at 9:30 AM)
2. 1 This meeting was held via Zoom and was called to order by Chair Wilson at 6:00pm and adjourned at 6:58pm with a roll call vote of 4 in favor (Councilors Clingan, Burnley, Sait, Wilson), none opposed, and 1 absent (Councilor Scott). Others present: Elyse Belarge – OSE, Kathryn Cole – Financial Analyst, Natasha Frazier – Assistant Clerk of Committees, Kimberley Hutter – Legislative Liaison, Alan Inacio – Director of Finance and Administration Office of Strategic Planning and Community Development, Brian Postlewaite – Director of Engineering at DPW, Michael Richards – Director of Finance and Administration at Department of Infrastructure and Asset Management, Mohammed Uddin – Financial Analyst.
3. 2 Pursuant to Chapter 2 of the Acts of 2023, this meeting of a City Council Committee will be conducted via remote participation. We will post an audio recording, audio-video recording, transcript, or other comprehensive record of these proceedings as soon as possible after the meeting on the City of Somerville website and local cable access government channels. Copy & paste the following link into your internet browser to view this meeting live: https://us02web.zoom.us/webinar/register/WN_6ae0hEsGR8utuojOvIgbdQ Individuals with disabilities who need auxiliary aids and services for effective communication (i.e. CART, ASL), written materials in alternative formats, or reasonable modifications in policies and procedures, in order to access the programs and activities of the City of Somerville or to attend meetings, should contact Adrienne Pomeroy in advance, at 617-625-6600 x2059 or ada@somervillema.gov.
4. 4 Roll Call
5. 1. Approval of the Minutes of the Finance Committee Meeting of September 10, 2024. 24-1317 Accepted Pass
6. 8 Grant and Gift Acceptances
7. 2. Requesting approval to accept and expend a technical assistance grant valued at $25,000 with no new match required, from the Metropolitan Area Planning Council (MAPC) to the Office of Sustainability and Environment for sustainable and resilient zoning development. 24-1261 Recommended to be approved Pass
8. 10 Prior Year Invoices
9. 3. Requesting approval to pay prior year invoices totaling $770 using available funds in the Mayor's Office Food Supplies & Refreshments Account for food served at a Departmental Training meeting with Department Heads. 24-1309 Recommended to be approved Pass
10. 12 Contracts and Easements
11. 4. Requesting approval of a time-only contract extension for fourteen months with a new expiration date of 12/31/2025, for P Gioioso & Sons Inc for construction services for the Spring Hill Sewer Separation project. 24-1228 Recommended to be approved Pass
12. 5. Requesting approval of a time-only contract extension for twelve months with a new expiration date of 12/31/2025, for Stantec Consulting Services Inc for design services for the Spring Hill Sewer Separation project. 24-1229 Recommended to be approved Pass
13. 15 Appropriations
14. 6. Requesting approval to appropriate $56,215.42 from the Bike Share Stabilization Fund for installation and startup costs for a BlueBike station at 200 Inner Belt Road. 24-1227 Recommended to be approved Pass
15. 17 Bonding
16. 17 Referenced Documents: • Finance - 2024-09-24 FY25 WestBroad +Tufts (with 24-1225)
17. 7. Requesting authorization to borrow $6,018,969 in a bond, and to appropriate the same amount for street and sidewalk reconstruction. 24-1225 Recommended to be approved Pass