Canton, Massachusetts · Saved source text
FinCom-20240820T104004
Saved text from 1 of 6 source pages. Transcription and OCR may contain errors; verify figures and wording against the original.
Source page 1
Canton Finance Committee Minutes Voted on: 10/26/21 801 Washington Street Vote: 8-0-0 Canton, MA 02021 Meeting Minutes October 13, 2021 Finance Committee Members Present: Dan Cole, Dave Clough, Tom Emery, Karen Foley, Emilio Mauro, Tim McKenna, Reuki Schutt and Cindy Thomas. Finance Committee Members Absent: All members were present. Guests Present: Ellen Jones, Finance Committee Recording Secretary Randy Scollins, Finance Director Opening: Chair McKenna called the Zoom virtual meeting to order at 7:00 p.m. Approval of Agenda: Mr. McKenna announced that the main purpose of the meeting was to discuss Special Town Meeting Article 3 — Appropriation for the Metropolis Rink Reconstruction Project and other items . New Business Welcome — New Finance Committee Member— Karen Folev— Ms. Foley stated that that she has lived in Canton for 25 years, is the CFO at Symmons Industries in Braintree (a plumbing manufacturer), owned with spouse Foley's Backstreet Grille up until a few years ago, and have four children with one child still in college. Karen is happy to join the Finance Committee and help out the Town. Mr. Emery joined the Committee in the summer. Mr. Emery stated that he has lived in Canton for two years. Has been in the area for nine years, has strong financial/accounting background working for Bain Capital Credit (started by Mitt Romney) for about seven years. Tom is the proud father of two children. He is looking forward to contributing back to the community. Chair McKenna and the Committee accept with regret the resignation of Wall Wong due to other scheduling conflicts. Special Town Meeting (STM) 2021 - Timeline — December 1, 2021 Mr. Scollins reviewed some of the highlights of the upcoming Special Town Meeting Calendar: • The warrant has been distributed to the Committee. • The goal for the Finance Committee is to have a complete draft of their Recommendations sent to Town Counsel by November 1 for his review of the motions and narrative. • The Recommendations need to be to the voters by November 17. • There is the possibility of a Special Election on December 11. The Town Clerk is expecting direction by the end of the month regarding the Special Election. • There could be a debt exclusion at the Special Election. Options are being left open. Mr. Scollins informed the Committee that the Select Board ratified the warrant at their meeting on October 12. There are three articles for STM. Article 1 will allow the Moderator to develop the procedures for Special Town Meeting. Article 2 relates to a real estate acquisition of St. Gerard's. Mr. Scollins read items a) through d) of Article 2 as follows: a, to authorize the Canton Select Board to acquire by purchase, gift or eminent domain, for general municipal purposes, the real estate consisting of land and buildings known as St. Gerard Majelia Catholic Church, located at 1860 Washington Street, Assessor's Map 64, parcel 37, in the Town of Canton; b. further to authorize the Canton Select Board to enter into such contracts and to engage such consultants (such as but not limited to engineers, surveyors, appraisers, financial advisors and the like) as In the Board's judgment are advantageous to assist the Town in carrying out the foregoing; and c. further to raise and appropriate, borrow pursuant to any applicable statute or transfer from available funds, or some combination of the foregoing, a sum of money for the Canton Select Board to use for the foregoing purposes; or d. to take any other action related thereto. FINCOM 20211013 Minutes.docx Page 1 of 7 10/24/21