Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 11/17/2020 7:05 PM Minutes status: Final  
Meeting location: Remote Meeting
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments:
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380-20 1  CommunicationIn accordance with Governor Baker's 3/12/20 Order Suspending Certain Provisions of the Open Meeting Law, G.L.c.30A,ss18, and the Governor's 3/23/20 Revised Guidance on Order by the Governor Prohibiting Assemblage of More than Ten People, this meeting will be conducted via remote participation. In person attendance by members of the public is prohibited, and all effort will be made to permit public attendance of this meeting, in the manner specified below, via remote access by internet, telephone, and if available via public broadcast of the meeting by Malden Access Cable Television on public access television channels. Public access will also be provided by posting draft minutes, and/or a transcript, recording, or record of the meeting on the city of Malden website at cityofmalden.org as soon as practicable after the meeting. Additional information/guidelines for the public can be found here: https://www.cityofmalden.org/DocumentCenter/View/2487/Public-information-on-Public-Meetings-and-Hearings-during-the-Declared-State-of-Emergency-related-to-COVID19PDF Members of the public    Action details Not available
369-20 1  OrderOrder: That the sum of Three Million Dollars ($3,000,000) is appropriated from available general fund free cash to pay costs of street repaving, including the payment of all costs incidental and related thereto by adding the following language: Any street repaving project funded by this funding source include, to the greatest extent: (1) improvements to ensure crossings meet the standards of the Americans with Disabilities Act (ADA), (2) new pavement markings consistent with Malden’s Complete Streets Policy and Malden By Bike Plan, and (3) measures to preserve existing trees or replace any tree removed at a nearby location.amendedPass Action details Not available
369-20 1  OrderOrder: That the sum of Three Million Dollars ($3,000,000) is appropriated from available general fund free cash to pay costs of street repaving, including the payment of all costs incidental and related thereto by adding the following language: Any street repaving project funded by this funding source include, to the greatest extent: (1) improvements to ensure crossings meet the standards of the Americans with Disabilities Act (ADA), (2) new pavement markings consistent with Malden’s Complete Streets Policy and Malden By Bike Plan, and (3) measures to preserve existing trees or replace any tree removed at a nearby location.recommended favorably as amendedPass Action details Not available
370-20 1  OrderOrder: That the sum of $3,000,000 is appropriated to pay costs of street repaving, including the payment of all costs incidental and related thereto, and that to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7(1) of the General Laws or pursuant to any other enabling authority, and to issue bonds or notes of the City therefor. Any premium received by the City upon the sale of any bonds or notes approved by this order, or pursuant to any other loan orders approved by the City prior to the date hereof, less any such premium applied to the payment of the costs of issuance of such bonds or notes, may be applied to the payment of costs approved by this vote, or pursuant to any other loan orders approved by the City prior to the date hereof, as the case may be, in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount by adding the following language: Any street repaving project funded by this frecommended favorably as amendedPass Action details Not available
370-20 1  OrderOrder: That the sum of $3,000,000 is appropriated to pay costs of street repaving, including the payment of all costs incidental and related thereto, and that to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7(1) of the General Laws or pursuant to any other enabling authority, and to issue bonds or notes of the City therefor. Any premium received by the City upon the sale of any bonds or notes approved by this order, or pursuant to any other loan orders approved by the City prior to the date hereof, less any such premium applied to the payment of the costs of issuance of such bonds or notes, may be applied to the payment of costs approved by this vote, or pursuant to any other loan orders approved by the City prior to the date hereof, as the case may be, in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount by adding the following language: Any street repaving project funded by this frecommended favorably as amendedPass Action details Not available
371-20 1  OrderOrder: That the FY2021 adopted general fund appropriation order (Schedule B) be hereby amended by reducing the appropriation by $4,164,407 and the corresponding FY2021 budget contingency expense be eliminated.recommended favorablyPass Action details Not available
375-20 1  OrderOrder: That the sum of Forty Thousand Dollars ($40,000) be and the same is hereby transferred from available general fund free cash to the Mayor’s Office salary account in order to hire a Diversity, Equity and Inclusion Coordinator for the remainder of the fiscal year.recommended favorablyPass Action details Not available