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1997.07.10_FAB_Minutes_Regular• TOWN OF HIGHLAND BEACH FINANCIAL ADVISORY BOARD REGULAR MEETING MINUTES Thursday, July 10, 1997 9:30 A.M. Vice Chair John R. DeMarco called the Regular Meeting to order in Town Hall at 9:30 A.M. Deputy Town Clerk Jane Dillon called the roll. Present were Vice Chair John R. DeMarco, Werner Wm. Rothenberg, Bryon McKinley and Felix R. Goldenson. Charles D. Cohn was absent. Finance Director Stan Novak and Town Manager Mary Ann Mariano were present. Commissioner Thomas J. Reid was absent. APPROVAL OF MINUTES Upon MOTION by MR. ROTHENBERG/MR. GOLDENSON the minutes of the April 30, 1997 Regular Meeting were approved. Upon MOTION by MR. GOLDENSON/MR. ROTHENBERG the minutes of the June 25, 1997 Regular Meeting were approved. • NEW BUSINESS Election of Officers Upon MOTION by Mr. DeMarco/Mr. Rothenberg, FELIX R. GOLDENSON was nominated CHAIRMAN of the Board. Upon MOTION by Mr. Rothenberg/Mr. Goldenson, JOHN R. DEMARCO was nominated to remain as VICE-CHAIRMAN of the Board. Roll call met with unanimous vote. At this time, newly elected Chair Goldenson continued with the agenda for today's meeting. Second Review - Proposed Expenditures for 97/98 Budget There was discussion on the Long Report, with explanation by Mr. Novak regarding Excel and payroll grid ceiling levels and procedures. Ms. Mariano stated that a $1,500 expense for special fluorescent lighting in the library was not reflected in the budget and would be added. Also the building department expense of a new roof on the utility building, workbench and misc. equipment would be placed in capital projects rather than in the Building Department's • budget. • Financial Advisory Board July 10, 1997 Page 2 of 2 items. Commissioner Augenstein and Peter Ince will direct the landscaping process, of which funds will come out of the Open Space and Recreation fund. $250,000 in Capital Improvements will be used for improvement of the utility building and new landscaping for the area located between the back parking lot and the Intracoastal, and for possible future upgrades in that area. There is a requested expenditure of $24,000 from the Building Official for a cement slab to be used to hold the dumpster. As this is a very costly expenditure, Ms. Mariano stated that she will not recommend approval of this by the Town Commission. There was discussion that the dumpster could instead be located to a back corner of the parking lot with an enclosure placed around it. Mr. Novak stated that the millage calculation in the budget is at 4.000 mils. There will be further discussion and recommendation for approval at the next FAB meeting scheduled for July 15. The Board discussed the Drexel and RTC developments and how much future tax revenue is expected from same. Ms. Mariano explained • the rental/condo situation on the North (Drexel) property and that at this time the Town does not know exactly how the property owners plan to market these units. Mr. Rothenberg expressed concern with Adelphia and the delay in providing the upgraded service in Town. Ms. Mariano stated that Adelphia is still awaiting a State permit in order to run the fiber optic cable under the intracoastal, and that the Mayor is working with Adelphia's General Manager on this situation. The next FAB meeting is scheduled for Tuesday, July 15 at 1:30 P.M. With no further business to come before the Board at this time, MOTION to adjourn was made by MR. ROTHENBERG/MR. DEMARCO at 10:45. APPROVE: �f of , _ e , Il \ ✓'r�. w ��d , lix-R. 133oldenson, Chairman ,fiohn R. Demarco, Vice Chairman t Al • Werner Wm. R enberg y Bryon R. McKinl,-y absent Charles D. Cohn Atte Date