COMMITTEE ON FINANCE  - March 21, 2022
MEETING AT 7:00 PM,
THIS MEETING IS BEING HELD REMOTELY
AGENDA
 

REVISED AGENDA

 

THIS MEETING IS BEING HELD REMOTELY IN ACCORDANCE WITH THE GOVERNOR OF MASSACHUSETTS’ MARCH 12, 2020, ORDER SUSPENDING CERTAIN PROVISIONS OF THE OPEN MEETING LAW G. L. C. 30A, SECTION 20 WITH AN EXTENSION SIGNED ON JUNE 16, 2021 AND THE CITY COUNCIL’S VOTE TO WAIVE RULE 21A ON JANUARY 13, 2022

 

THIS MEETING WILL BE LIVE STREAMED ON

NB CABLE ACCESS FACEBOOK PAGE

 

1. COMMUNICATION, R. Renee Fernandes, Treasurer/Collector to Councillor William Brad Markey, Chairman, Committee on Finance, requesting a vote of the Finance Committee to approve the sale and rate of interest for $37,822,432 in Bond Anticipation Notes and $7,825,000 in Bonds. (Ref’d 02/23/2022)

 

INVITEES: R. Renee Fernandes, Treasurer/Collector; Michael Gagne, Interim Chief Financial Officer

 

2. COMMUNICATION, Derek Santos, Executive Director, New Bedford Economic Development Council, to Council President Lopes and Members of the City Council, submitting a TIF application and Resolution approved by the Tax Increment Financing Board for a five (5) year TIF Agreement for NFI LLC and 22 Logan Street, New Bedford, MA 02740. (Copies provided and distributed to all Councillors on 11/19/2021.) (Ref’d 12/09/2021)

 

2a. RESOLUTION, Approving Certified Project Application and Special Tax Agreement with NFI LLC and 22 Logan Street LLC. (Ref’d 12/09/2021)

 

INVITEES: Alan Rose, CFO, NFI, LLC; Ramon Silva, Senior Director, New Bedford Economic Development Council

 

3. COMMUNICATION, Mayor Mitchell, to City Council, submitting AN ORDER authorizing the Superintendent to submit to the Massachusetts School Building Authority the Statement of Interest Form for the Charles S. Ashley Elementary School, located at 122 Rochambeau Street, New Bedford. (Ref’d 03/10/2022)

 

3a. AN ORDER, (Ref’d 03/10/2022)

 

INVITEES: Thomas Anderson, Superintendent, New Bedford Public Schools; Mark Champagne, Facilities Project Coordinator, New Bedford Public Schools; Michael Gagne, Interim Chief Financial Officer; Atty. David Gerwatowski, Legal Counsel; Andrew O’Leary, Assistant Superintendent of Finance and Operation, New Bedford Public Schools; Barry Rabinovitch, School Construction Facilitator, New Bedford Public Schools; Representative, Mayor’s Office

 

4. COMMUNICATION, Mayor Mitchell, to City Council, submitting AN ORDER authorizing the Superintendent to submit to the Massachusetts School Building Authority the Statement of Interest Form dated February 16, 2022 for the Jireh Swift Elementary School located at 2203 Acushnet Avenue. (Ref’d 03/10/2022)

 

4a. AN ORDER, (Ref’d 03/10/2022)

 

INVITEES: Thomas Anderson, Superintendent, New Bedford Public Schools; Mark Champagne, Facilities Project Coordinator, New Bedford Public Schools; Michael Gagne, Interim Chief Financial Officer; Atty. David Gerwatowski, Legal Counsel; Andrew O’Leary, Assistant Superintendent of Finance and Operation, New Bedford Public Schools; Barry Rabinovitch, School Construction Facilitator, New Bedford Public Schools; Representative, Mayor’s Office

 

5. COMMUNICATION, Janine da Silva, Chairperson of the Community Preservation Committee submitting the Community Preservation Committee’s FY22 Community Preservation Act Funding recommendations. (Copy all Councillors 02/28/2022.) (Ref’d 03/10/2022)

 

INVITEES: Jessica Bailey, Community Preservation Act Coordinator; Janine da Silva, Community Preservation Committee Chairperson

 

 

 

 

In accordance with the Americans with Disabilities Act (ADA), if any accommodations are needed, please contact the Clerk of Committees Office at 508-979-1482. Requests should be made as soon as possible but at least 48 hours prior to the scheduled meeting.