MINUTES OF THE SELECTMEN'S MEETING

WITH BIT PARTICIPATION

 

SEPTEMBER 25, 2004

TOWN OF FRYE ISLAND

 

 

The location of the meeting was the Community Center, Town of Frye Island

 

The meeting was called to order at 9:00 AM by James Kuiken

 

Selectmen:  James Kuiken, Bob Roberts, Dave Decker

BIT;  Pat Karpacz, Grace Morin, Jim O'Connor, Bruce Nisula

Town Manager:  Wayne Fournier

 

PUBLIC HEARING

Charter Amendment - Article VII Section 1 - change the fiscal year and the budget

                                      year from January 1 thru December 31 to July 1 thru

                                      June 30

 

MOTION to place the Charter Amendment changing the fiscal year on the

October 9, 2004 Town Warrant made by James Kuiken and seconded by Bob

Roberts - Unanimous

FINANCIALS

Reviewed August financials and Wayne predicted that expenses would be about

$7,000.00 above the budgeted amount.

 

Ferry revenue is expected to be $41,000.00 above budget and expenses are

expected to be $60,000.00 above budget.  There has to be an effort to keep

expenses within the budgeted amount.

 

MOTION to expend up to $75,000.00 from the Fund Balance to extend 8" water

main along Independence to Highpoint to placed as a Warrant Article on the

Town Warrant made by Bob Roberts and seconded by Dave Decker - Unanimous

TOWN WARRANT

A Warrant Article repealing the ATV Ordinance has to put on the October 9, 2004

Town Warrant.

 

A Warrant Article to accept the dedication made by Frye Island, Inc. of an

easement interest in a strip of land described as Emerald Point Drive on Frye

Island as shown on the September 1, 2003 Town Land Use Map, and accept and

establish a public easement on said strip of land has to be put on the 10/0/04

Town Warrant.

2005 BUDGET

Discussed the 2005 budget with the changes made at the September 18, 2004

budget meeting.

 

Discussed the Yacht Club fees, liability insurance, and equity reserve amount.

The changes discussed would not effect the mil rate, they would decrease the

amount of monies going to the equity reserve account.

 

Wayne presented a Ferry Fee Schedule for 2005, after much discussion it was

decided to accept the fee schedule as presented with $4.00 of every $20.00

increment going to the Ferry Reserve Account and the remaining $16.00 going

to the Island Improvement Reserve Account.

 

MOTION to present the Ferry Fee Schedule at the October 9, 2004 BIT Meeting

for approval made by James Kuiken and seconded by Bob Roberts - Unanimous

 

MOTION to place the 2005 Budget as presented (with changes to Yacht

Club)  at the October 9, 2004 BIT and Town Meetings made by Bob Roberts

and seconded by Dave Decker - Unanimous

 

The Tennis Court repairs are not in the budget, there will be a separate Warrant

Article to see if the BIT and Town will approve monies for the repairs.

MOTION to adjourn at 11:15 AM made by James Kuiken and seconded by

Bob Roberts - Unanimous

 

Respectfully submitted,

James L. Kuiken