ORDER-2019-87 : Reauthorization of City of Melrose Revolving Funds table as adopted by City Ordinance June 18, 2018 and further authorized by Massachusetts General Laws Chapter 44, §53E ½.

Transcript (~2 min @ 2:59:04)

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▶ 2:58:55 Kate Lipper-Garabedian: so i think we maybe are did we move to order number eight yes yes we're actually on order number 2019-87 reauthorization of city of melrose revolving funds table as adopted by city ordinance june 18 2018 and further authorized by massachusetts general laws chapter 44 section 53e and one half and this was the last of the table that we were saving for tonight yeah correct so

▶ 2:59:23 Monica C. Medeiros: alderman medeiros yeah i don't i don't think we ended up taking the final vote to move forward

▶ 2:59:27 Kate Lipper-Garabedian: the mount hood enterprise fund i i thought not as well so i think we that is what i had suggested was the item on our agenda we do have it as a separate order from the overall budget it has its own order number yeah yeah um and it's in the it again it's the mount hood enterprise fund operating budget in the amount of one million five hundred thirty thousand three hundred fifty

▶ 2:59:55 Monica C. Medeiros: $53.06 motion to recommend second with the questionnaire added yes that has

▶ 2:59:58 Kate Lipper-Garabedian: been done so we have a motion to recommend that made by Alderman Tramontozzi seconded by Alderman Medeiros all in favor aye opposed and now we are on the revolving funds table which you have so ably explained the funds that are related to your division are there any questions on the revolving

▶ 3:00:21 Kate Lipper-Garabedian: funds motion to recommend second okay so this is a motion to recommend order number two zero one nine dash eight seven which would be all of the revolving funds that we've reviewed over the course of the last few weeks including yours oh there is one for coa bb estate

▶ 3:00:40 Kate Lipper-Garabedian: okay for those watching at home there are no changes to the bb estate revolving fund number 2750 for last year those are fees associated with the rental of the building and donations with a 30,000 annual cap Oh Council on Aging right

▶ 3:00:57 Kate Lipper-Garabedian: those are donations made with an annual cap of 25,000 okay so I think we had a motion duly seconded all in favor opposed okay we'll make that recommendation to the full board thank you so much tonight the last item on our

▶ 3:01:25 Kate Lipper-Garabedian: agenda is order number two zero one nine dash four six in order creating an education public safety and substance abuse prevention stabilization fund this is sponsored by alderman work oh would you like to update us yeah thank you