Mattabassett District Board

THE MATTABASSETT DISTRICT Memorandum Date: June 21, 2022 Subject: Finance Committee Meeting AMENDED Thursday, June 23, 2022 To: Doug Sienna, Jim Fallon, From: Arthur G. Simonian , Executive Dale Aldieri, Joe Corlis, Director Rick Healey and John Dunham Finance Committee Meeting June 23, 2022 5:30 PM The Finance Committee Meeting will be held on Thursday, June 23, 2022, at 5:30 PM. The Meeting will be held at the District Offices 245 Main Street, Cromwell, Connecticut. AGENDA 1) Bid Waiver for Final Clarifier # 1 - Refurbished Main Gear Drive, Main Seal Control Column and Squeegees on Arm from G.M.H. Associates - Review, discuss and recommend approval for a bid waiver not to exceed $100,000 (including 10% contingency, if necessary) to purchase and install a Refurbished Main Gear Drive, Ma in Seal Control Column and Squeegees from G.M.H. Associates, sole source provider, since this is in the best interest of the District. 2) Capital Budget Analysis FY21 -22 - Discussion onl y. 3) Operating Budget Analysis FY21-22 – Discussion onl y. 4) Budget Transfer – FY2022 - Review and recommend approval to Transfer $264,804, into various accounts, and to Transfer $509,000 from various Capital Accounts, into various Capital Accounts, as per the attached spreadsheet and memo dated, June 20, 2022. 5) Capital Non-Recurring (CNR) Budget Transfer – Review and recommend approval to Transfer $395,805 of the remaining FY2022 Capital Funds into Capital Non-Recurring Accounts (CNR) as per the attached spreadsheet. 6) Audit Extension – Discuss and approve the Audit Extension proposal for $20,000 for FY2022 to MAWC, LLC of Killingworth, CT. 7) Related Business & Staff Updates – C: Board Members not on the Finance Committee