Mattabassett District Board

THE MATTABASSETT DISTRICT Memorandum Date: December 5, 2018 Subject: Finance Committee Meeting Minutes Tuesday, December 4, 2018 Finance Committee and To: Board of Directors From: Arthur G. Simonian, Executive Director Finance Committee December 4, 2018 Meeting Minutes The Finance Committee met Tuesday, December 4, 2018 at The District Offices at 245 Main Street, Cromwell, Connecticut. Finance Committee Chair, Doug Sienna, called the Finance Committee meeting to order at 5:30 PM. In addition to the Chair, present were Committee Members – Tom Tokarz, Jim Fallon, Tim Stewart and Dale Aldieri. There was a quorum. Also present was the Board Chairman – John Dunham and the Executive Director – Arthur Simonian. The following is a summary of the meeting: 1) Bobcat Purchase Mr. Fallon moved, Mr. Aldieri seconded, and the committee approved unanimously: MOTION: The Finance Committee approves utilizing the National Power Alliance Bid #042815 -CEC, with further discounts up to 33%, to purchase a new 2018 T595 T4 Bobcat Track Loader with accessories from the lowest Bidder Bobcat of East Hartford, CT, at a price not to exceed $53,609. 2) Dump Truck Purchase Mr. Sienna moved, Mr. Fallon seconded, and the committee approved unanimously: MOTION: The Finance Committee approves utilizing the State of CTDAS Bid #10PSX0239 to purchase a 2019 Ford F550 Dump Truck with plow from the lowest bidder, Crowley Ford of Plainville, CT, at a price not to exceed $59,855, per the attached quote.  THE MATTABASSETT DISTRICT Memorandum Finance Committee Meeting Minutes December 4, 2018 Page 2 of 2 3) CNR Report – a spreadsheet with the combined Capital and CNR budgets will be added to the Monthl y Board of Directors booklet . (Refer to handout from Doug Sienna.) 4) Related Business and Staff Updates – Audit information from State Retirement (MERF) account was recentl y received. The Auditors are incorporating into our Report this month. Adjournment: Mr. Stewart moved, no second required and the committee approved unanimously to adjourn at 6:00 PM.