Details Meeting Name: Finance Committee Agenda status: Final Meeting date/time: 11/12/2014 6:00 PM Minutes status: Final   Meeting location: Committee Room – 2nd Floor – City Hall City Hall Published agenda: Agenda Published minutes: Minutes   Meeting video: Video   Attachments: Meeting Items (16) 16 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Type Title Action Result Action Details Video 196974 3 196974 Order That the Director of Finance provide the Board of Aldermen's Finance Committee with a breakdown of expenditures under the first DIF bond tronch and the background regarding the authorization for such money to be used to purchase real estate from Federal Realty Investment Trust to layout highways and sidewalks. Work completed   Action details Not available 197058 3 197058 Communication DIF Governing Board conveying that it ordered the Director of Finance to provide this Board's Finance Committee with a breakdown of expenditures under the first DIF bond tranche and the background regarding the authorization for such money to be used to purchase real estate from FRIT to lay out highways and sidewalks. Work completed   Action details Not available 197349 3 197349 Order That the Commissioner of Public Works provide this Board with the invoices for electric light poles as they are purchased in FY15. Kept in committee   Action details Not available 197431 3 197431 Order That the Director of SPCD, the Chief Assessor and the Director of Finance provide this Board with a 5 year revenue projection, to include real estate taxes by building type and specific projections for Assembly Square, Assembly Square (expanded), Union Square, East Somerville, Central Somerville, and West Somerville. Work completed   Action details Not available 197880 3 197880 Order That the Director of Finance and the Chief Assessor provide a 5-year projection of new commercial office and new commercial retail revenues. Kept in committee   Action details Not available 197923 3 197923 Resolution That the Administration provide approximately $1,500 in funding to repair the obelisk in the historic Milk Row Cemetery. Kept in committee   Action details Not available 195734 4 195734 Resolution That the Administration provide this Board with a breakdown of special events (festivals, concerts, road races, etc.), indicating if they are/were city sponsored and/or privately sponsored, and including city expenditures for each. Kept in committee   Action details Not available 196116 4 196116 Order That the Chief Assessor and the Director of SPCD appear before this Board’s Finance Committee to discuss the increase in commercial and residential property valuations and real estate taxes, especially for restaurants, and its impact on existing businesses and future development. Work completed   Action details Not available 196146 4 196146 Order That the Chief Assessor appear before this Board to answer questions about tax bills. Work completed   Action details Not available 196268 5 196268 Officer's Communication City Assessor responding to Finance Committee questions raised at its meeting on February 4. Work completed   Action details Not available 196640 5 196640 Order That the Chief Assessor provide the Committee on Finance with a list of all Somerville property owned by Tufts with their assessments, the taxes they would pay if they paid taxes, and their actual payments to the city. Work completed   Action details Not available 196759 5 196759 Resolution That the Administration consider purchasing 2 additional radar feedback signs to provide additional capability to monitor traffic speeds. Work completed   Action details Not available 197833 5 197833 Officer's Communication City Assessor responding to #197431 re: revenue projections. Work completed   Action details Not available 196859 6 196859 Officer's Communication Director of Finance submitting a report on SPCD Professional & Technical Services Accounts. Kept in committee   Action details Not available 196588 6 196588 Order That the Recreation Superintendent appear before this Board to provide an update of all expenditures for the current fiscal year. Kept in committee   Action details Not available 197186 10 197186 Mayor's Request Requesting acceptance of a mitigation payment of $94,744.75 to establish the Open Space Improvements Stabilization Fund. Work completed   Action details Not available