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Committee Report: Finance (Meet with Treasurer and Controller relative to impact of borrowing on debt service)
The Standing Committee on Finance, having considered the impact of borrowing on debt service, makes the following report: Committee recommends that Paper #11 of 2013 be amended to reduce authorized borrowing to $13,118,879 by elimination of the following projects and/or purchases:
Street & Sidewalk Reconstruction $4,750,000
Central Fire Station Repair $2,150,000
Cemetery Lawn Mower $ 15,000
City Car Fleet $ 200,000
Devir Park $ 86,094
Pearl St Tot Lot $ 170,000
Forestdale Park $ 150,000
Bell Rock Monument Repairs $ 25,000
Fellsmere Pond $ 30,000
Downtown Street Lights $ 150,000
Trafton Park Concession Stands $ 25,000
Callahan Park $ 0
Sidewalk Sweeper $ 100,000
Street Sweeper $ 180,000
4 small dumptrucks $ 230,000
Small Trash Truck $ 125,000
Tree Truck $ 250,000
Fire Equipment $ 25,000
Infield Groomer $ 30,000
I.T. Upgrades $ 185,000
PIP's Vehicles $ 55,000
Pine Banks Turf $ 200,000
Police Dispatch Renovation $ 150,000
Police Car Replacement $ 240,000
3 License Plate Readers $ 60,000
2 unmarked Police Cars $ 30,000
Water Backhoe $ 89,000
Water Dumptruck $ 80,000
$9,780,094
Councillor Ultrino for the Committee