New Britain Borough Financial Advisory Committee

Meeting Notes

March 28, 2017, 7:30pm

  1. Call to order
  1. The meeting was called to order at 7:33PM by Chairman Mr. Frank Lombardo.
  1. Pledge of Allegiance
  2. Roll call
  1. Members present were Frank Lombardo, John Wolff, Jr., and Danielle Young.  Council Liaison Jeff Gilmore and Sam Bryant (Borough Manager) were also present.  Members Art Conover and Joseph Borek were not present.
  1. Approval of Minutes
  1. Mr. Wolff motioned to approve the minutes.  Ms. Young seconded the motion and it was approved by all members present.
  1. Unfinished Business
  1. Road Loan and PFM
  1. Mr. Bryant is still awaiting information from Gilmore and Associates on the project cost.  After discussion, the Committee recommend to Mr. Bryant that he move forward with work with PFM on the Road Loan while awaiting the final results.
  1. Committee Outreach
  1. No members have met with their respective committee yet.  Mr. Lombardo explained the process to Ms. Young, as she was not on the committee when it occurred last year.  She was then assigned to determine the financial needs for the summer camp program.
  1. DCED Presentation – EIP
  1. Mr. Bryant was asked to find out more information on this program, including municipal recommendations from past participants and to check if implementation grants would help support the Borough’s economic development goals.
  1. New Business
  1. There was no other business discussed.
  1. Adjournment
  1. Mr. Wolff motioned to adjourn.  Mr. Lombardo seconded the motion and approved by all members present.  The meeting adjourned at 8:39 PM.