FinCom-20240820T103941

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Canton Finance Committee Open Session Minutes Voted on: 1/26/22 
801 Washington Street Vote: 8-0-0 
Canton, MA 02021 
Meeting Minutes - Open Session 
October 26, 2021 
Finance Committee Members Present: Dan Cole, Dave Clough, Tom Emery, Karen Foley, Emilio Mauro, Tim 
McKenna, Reuki Schutt and Cindy Thomas. 
Finance Committee Members Absent: All members were present for the meeting. 
Guests Present: 
Ellen Jones, Finance Committee Recording Secretary 
Randy Scollins, Finance Director 
Call Meeting to Order: Chair McKenna called the meeting to order at 7:00 p.m. and reviewed items on the agenda 
and stated that the Finance Committee would be going into Executive Session later in the evening to discuss Article 3 
of the Special Town Meeting regarding 1860 Washington Street, St. Gerard's. 
Article 3 - Special Town Meeting (STM) - Appropriation for the Metropolis Rink Reconstruction Project 
The Finance Committee had been provided a revised motion for Article 3 that removed the language "to be used as a 
partial funding replacement related to the unexpected shortfall in insurance funds" with "to be used by the Canton 
Select Board to fund any shortfall in insurance funds". 
A motion made by Ms. Schutt to amend the motion for Article 3 and recommend the following motion as 
follows "That Two Hundred Four Thousand Dollars ($204,000) be transferred from surplus funds in the 
Bolivar Pool Capital Project Fund (43002-58900) into the Metropolis Rink Reconstruction Project Fund 
(57010-58210) to be used by the Canton Select Board to fund any shortfall in insurance funds was seconded 
by Mr. Mauro. 
Roll Call Vote: 
Mr. Schutt Aye Mr. Cole Aye 
Mr. Mauro Aye Mr. Clough Aye 
Ms. Foley Aye Ms. Thomas Aye 
Mr. Emery Aye Mr. McKenna Aye 
The motion passed 8.0.0. 
Mr. Scollins shared good news with the Finance Committee with regard to the Metropolis Rink. The Town 
Accountant, Ms. Butters, had been working with the Federal Emergency Management Agency (FEMA) and the 
Massachusetts Emergency Management Agency (MEMA). Despite rejection of an award due to initial estimate 
insurance proceeds exceeding the repair estimates, MEMA had to request from FEMA a formal project closeout. 
Based on their closeout review, MEMA recommended final obligated funding for repairs in an amount of $1 million. 
The Town may receive $750,000 from FEMA towards the cost of the project. 
Article 3 at the STM is needed because of a timing issue. FEMA may approved the funds but it may takel-2 years to 
received funds from FEMA. If the Town receives funding after the project is completed, the funds would go into the 
General Fund/Undesignated Fund and fall out as free cash. No vote is required by the Finance Committee to move 
these funds into Free Cash but the funds would have to be appropriated at an Annual Town Meeting. 
Mr. Mauro volunteered to draft the Finance Committee's discussion for Article 3. The discussion would have to be 
completed by November 1 as Town Counsel would be looking over the discussions. Mr. Mauro would send a draft 
discussion to Mr. McKenna, Ms. Thomas and Mr. Scollins. 
Approval of Minutes - A motion made by Mr. Mauro to approve the open session minutes for October 13, 
2021 and the open session minutes for October 14, 2021 was seconded by Mr. Clough. 
Roll Call Vote: 
Mr. Schutt Aye Mr. Cole Aye 
Mr. Mauro Aye Mr. Clough Aye 
Ms. Foley Aye Ms. Thomas Aye 
Mr. Emery Aye Mr. McKenna Aye 
The motion to approve the minutes for October 13, 2021 and October 14, 2021 passed 8-0.0. 
FINCOM 20211026 Minutes - Open Session.docx Page 1 of 3 1/16/22