COMMITTEE ON FINANCE  - November 17, 2022
MEETING AT 7:00 PM,
City Council Chambers
AGENDA
 

REVISED AGENDA

 

1.      COMMUNICATION, Mayor Mitchell, to City Council, submitting a LOAN ORDER in the amount of ONE HUNDRED AND FIFTY THOUSAND DOLLARS ($150,000), to authorize the borrowing of funds to pay costs of a schematic design/feasibility study for an accelerated repair project at the Elizabeth Carter Brooks Elementary School, 212 Nemasket Street. (Ref’d 11/10/2022)

 

1a.        LOAN ORDER, (Ref’d 11/10/2022)

 

INVITEES: Andrew O’Leary, Assistant Superintendent of Finance and Operation, NB Public Schools; Bruce Oliveira, School Committee

 

2.      COMMUNICATION, Mayor Mitchell, to City Council, submitting a LOAN ORDER in the amount of ONE HUNDRED AND FIFTY THOUSAND DOLLARS ($150,000), to authorize the borrowing of funds to pay costs of a schematic design/feasibility study for an accelerated repair project at the Ellen R. Hathaway Elementary School, 256 Court Street. (Ref’d 11/10/2022)

 

2a.        LOAN ORDER, (11/10/2022)

 

INVITEES: Andrew O’Leary, Assistant Superintendent of Finance and Operation, NB Public Schools; Bruce Oliveira, School Committee

3. COMMUNICATION, Derek Santos, Executive Director, New Bedford Economic Development Council, to Members of the City Council, submitting STA Agreement and Resolution approved by the Tax Increment Financing Board for a five (5) year Agreement for ISLAND CREEK OYSTERS INC. AND HARBORVIEW LLC. (Copies provided and distributed to all Councillors on October 6, 2022.) (Ref’d 10/13/2022)

 

3a.    RESOLUTION, Approving Certified Project Application and Special Tax Assessment Agreement with ISLAND CREEK OYSTERS INC. AND HARBORVIEW LLC. (Ref’d 10/13/2022)

 

INVITEES: Robert Chandler, Representative, Island Creek Oysters; Michael Gagne, Interim Chief Financial Officer; Atty. David Gerwatowski, Legal Counsel; Derek Santos, Executive Director, New Bedford Economic Development Council; Ramon Silva, Senior Director, New Bedford Economic Development Council

 

4. RELATED MOTION, Councillor Morad, requesting, that New Bedford Economic Development Council Executive Director Derek Santos provide to the Chairperson of the Committee on Finance the draft minutes from the June 1, 2022 Tax Increment Financing Board meeting detailing the Board’s discussion regarding the proposed Special Tax Assessment (STA) agreement for Island Creek Oyster Company; and further, that said draft minutes be submitted 5 business days prior to the Committee on Finance meeting where the discussion of said STA is to be conducted. (To be Referred to the Committee on Finance and the New Bedford Economic Development Council Executive Director.) (Ref’d 10/13/2022)

 

INVITEES: Derek Santos, Executive Director, New Bedford Economic Development Council

 

5. RELATED MOTION, Councillor Morad, requesting, that New Bedford Economic Development Council Executive Director Derek Santos provide to the Chairperson of the Committee on Finance the recently revised and adopted language of the Tax Increment Finance (TIF) Program Policy and Guidelines which were to include the new Massachusetts Diversity, Equity and Inclusion (DEI) requirements. (To be Referred to the Committee on Finance and the New Bedford Economic Development Council Executive Director.) (Ref’d 10/13/2022)

 

INVITEES: Derek Santos, Executive Director, New Bedford Economic Development Council

 

6. WRITTEN MOTION, Councillor Morad, requesting, that Mayor Jonathan F. Mitchell advise the Council as to why he instructed Election Commissioner Manuel DeBrito to mail November 2022 General Election postcards to registered voters in the City of New Bedford; and further, that Interim Chief Financial Officer Michael Gagne advise the Council as to where the funding for the postage for said mailing was allocated in the FY2023 budget. (To be Referred to the Mayor Jonathan F. Mitchell, Chief Financial Officer Michael Gagne and the Committee on Finance.) (Ref’d 10/27/2022)

 

INVITEES:  Manuel DeBrito, Election Commissioner; Michael Gagne, Interim Chief Financial Officer; Jonathan F. Mitchell, Mayor

 

7. COMMUNICATION, Councillor Morad, submitting communications from the Executive Director of the New Bedford Retirement Board regarding the vote taken by the Board to increase the COLA base from $12,000 to $14,000 and KMS Actuaries regarding the impact on the New Bedford Contributory Retirement System’s liabilities and appropriations as a result of increasing the COLA base. (To be Referred to the Committee on Finance.) (Ref’d 10/13/2022)

 

INVITEES: Emily Arpke, City Auditor; Eric Cohen, Esq., Executive Director, Retirement Board; Michael Gagne, Interim Chief Financial Officer; Atty. David Gerwatowski, Legal Counsel; Atty. Eric Jaikes, City Solicitor

 

8. COMMUNICATION, Council President Abreu, submitting a copy of a letter from Leonard F. Baillargeon, Chairperson of the New Bedford Retirement Board regarding the Board’s vote of a COLA Increase. (To be Referred to the Committee on Finance.) (Ref’d 10/13/2022)

 

9. COMMUNICATION, Council President Abreu, submitting a Communication from Jeff Camara, President of the Retired Firefighters of New Bedford regarding their endorsement of the New Bedford Retirement Board’s vote of the COLA increase. (To be Referred to the Committee on Finance.) (Ref’d 10/13/2022)

 

10. COMMUNICATION Council President Abreu, submitting a Communication from Billy Sylvia, President, New Bedford Firefighters, Local 841, requesting support for our retirees and their families by voting in favor of the increase to the COLA base. (To be Referred to the Committee on Finance.) (Ref’d 10/13/2022)

Chair Suggests 'Waive Reading', 'No Further Action' and 'Report Out to the Full City Council'

 

11. WRITTEN MOTION, Councillor Pereira, requesting, that the Department of Public Infrastructure Commissioner, Jamie Ponte, appear before the City Council’s Committee on Finance to discuss the department’s water shut-off policies and payment procedures. (Ref’d 04/28/2022) (05/19/2022 – tabled; invite Renee Fernandes next time this matter is on an agenda)

 

 

 

 

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