6/11/20 Finance Committee Minutes

WINDHAM SOLID WASTE MANAGEMENT DISTRICT (WSWMD)

BRATTLEBORO, VERMONT

FINANCE COMMITTEE MEETING

VIA ZOOM

DRAFT MINUTES OF June 11, 2020

COMMITTEE MEMBERS PRESENT: Merrill Mundell, Chair, Wilmington; Patrick Moreland, Brattleboro; and Russ Hodgkins, Westminster; Michelle Cherrier, Dummerston

COMMITTEE MEMBERS ABSENT: James Damato, Readsboro

WSWMD STAFF PRESENT: Bob Spencer, Executive Director; Vicki Hayes, Office Manager/Bookkeeper.

OTHERS PRESENT: None

Mr. Mundell called meeting to order at 6:30 P.M.

  1. Changes and/or Additions to Agenda: None

 

  1. Approval of Minutes of May 14, 2020: A motion to accept the minutes, as amended, of May 14, 2020, was made and seconded. Motion carried. 

 

  1. Approval of Check Register- May 2020: Check Register was discussed, Patrick questioned the electric bills.  Bob agreed to look into electric billing again.

A motion was made to recommend approval of the Check Register of May 2020 to the Board of Supervisors, seconded and carried.

 

  1. Approval of Financial Statement- May 2020: Vicki Hayes discussed the results for the month of May. The District is in a good position financially at this time and is expected to end the year in a surplus. A further discussion was had on the LongFalls paper sludge deal.  No pursuit on our part at this time.

A motion was made to recommend approval of the Financial Statement of May 2020 to the Board of Supervisors, seconded and carried.

 

  1. Update on Rich Earth Institute Lease: Bob updated the committee on the status of the new lease.  Rich Earth has their legal council drafting the lease, he doesn’t expect anything for review before September.

 

  1. Update on PILOT with Brattleboro: PILOT has been renewed at the same rate (5.5%) for two years.

 

  1. Discuss Development of Capital Plan: The committee discussed the draft plan.  Improvements were mentioned, with an eye to being ready for budget season.  Patrick will work with Vicki and Bob on the recommended changes.

 

  1. Executive Session: None

 

  1. Next Meeting: August 13, 2020 at 6 P.M.

 

  1. Other Business as Legally Allowed: None

 

  1. Meeting was adjourned at 6:59 P.M.

 

 

Minutes by Vicki Hayes

District Clerk