Finance Committee - 11.7.2024

Finance Committee Meeting - 11.7.2024

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Finance Committee Meeting Agenda 11.7.2024 (pdf, 74.6 KB, opens in new window/tab)

Chapters

Meeting Open (00:00:00)
Meeting Open
185-24: Appropriate $645,000 to fund a shortfall in the Fiscal Year 2024 Net School Spending requirement (00:01:07)
185-24: Appropriate $645,000 to fund a shortfall in the Fiscal Year 2024 Net School Spending requirement

185-24. ORDER THAT: the City of Fitchburg hereby raise and appropriate the sum of SIX HUNDRED FORTY-FIVE THOUSAND AND 00/100 DOLLARS ($645,000), crediting School Department Expenses, for the purpose of funding a shortfall in the Fiscal Year 2024 Net School Spending requirement.
186-24: Appropriate $11,134.30 from TNC Per Ride Assessment for Road Repaving (00:11:12)
186-24: Appropriate $11,134.30 from TNC Per Ride Assessment for Road Repaving

186-24. ORDER THAT: there be and hereby is appropriated the sum of ELEVEN THOUSAND ONE HUNDRED THIRTY-FOUR AND 30/100 DOLLARS ($11,134.30) same to be charged against RESERVED FOR APPROPRIATION - TNC PER RIDE ASSESSMENT and credited to DPW CAPITAL EXPENSES - STREET REPAIR for the purpose of road repaving.
187-24: Grant Fund Expenditure of $323,160 to Help Mitigate Flooding Impacts (00:13:14)
187-24: Grant Fund Expenditure of $323,160 to Help Mitigate Flooding Impacts

187-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of funds from the Massachusetts Executive Office of Energy and Environmental Affairs Municipal Vulnerability Preparedness Program Action Grant, for Nature Based Solutions for a Resilient Coolidge Park, in the approximate amount of THREE HUNDRED TWENTY-THREE THOUSAND ONE HUNDRED SIXTY DOLLARS ($323,160) to help mitigate flooding impacts by increasing Stormwater storage, recharge, and water quality.
188-24: Grant Fund Expenditure of $50,000 to Develop a Multi-Year Paving Management Plan (00:19:15)
188-24: Grant Fund Expenditure of $50,000 to Develop a Multi-Year Paving Management Plan

188-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of grant funds from the Commonwealth of Massachusetts Community Compact grant program, in the approximate amount of FIFTY THOUSAND DOLLARS ($50,000) to develop a multi-year paving management plan.
189-24: Grant Fund Expenditure of $40,000 to Develop a Capital Improvement Plan (00:27:02)
189-24: Grant Fund Expenditure of $40,000 to Develop a Capital Improvement Plan

189-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of grant funds from the Commonwealth of Massachusetts Community Compact grant program, in the approximate amount of FORTY THOUSAND DOLLARS ($40,000) to develop a capital improvement plan.
190-24: Grant Fund Expenditure of $246,816.56 to Create a Formal Shared-Use Path Along Railroad Street to the Future Pedestrian Bridge (00:30:12)
190-24: Grant Fund Expenditure of $246,816.56 to Create a Formal Shared-Use Path Along Railroad Street to the Future Pedestrian Bridge

190-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of grant funds from the Massachusetts Department of Transportation Shared Streets and Spaces grant program, in the approximate amount of TWO HUNDRED FORTY-SIX THOUSAND EIGHT HUNDRED SIXTEEN and 56/100 DOLLARS ($246,816.56) to create a formal shared-use path along Railroad Street to the future pedestrian bridge
191-24: Grant Fund Expenditure of $78,005 to Improve a Section of Trail at the Summit of Rollstone Hill, and to Install Rock Walk Signage. (00:32:22)
191-24: Grant Fund Expenditure of $78,005 to Improve a Section of Trail at the Summit of Rollstone Hill, and to Install Rock Walk Signage.

191-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of grant funds from the Massachusetts Department of Culture and Recreation Mass Trails grant program, in the approximate amount of SEVENTY-EIGHT THOUSAND FIVE DOLLARS ($78,005) to improve a section of trail at the summit of Rollstone Hill, and to install Rock Walk signage.
192-24: Expenditure of $321,000 from the 40R Smart Growth Program for Lowe Park and Other Activities and City Improvements. (00:33:51)
192-24: Expenditure of $321,000 from the 40R Smart Growth Program for Lowe Park and Other Activities and City Improvements.

192-24. ORDER THAT: the City of Fitchburg hereby approves the expenditure of funds from the Executive Office of Housing & Livable Communities 40R Smart Growth program in the approximate amount of THREE HUNDRED TWENTY-ONE THOUSAND DOLLARS ($321,000), for Lowe Park and other activities and city improvements.