Agenda
Finance Committee · from the Town's website · released Dec 3, 2024 · 3 pages · 144 KB
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Winthrop Board or Committee Public Body Posting
John DaRos, Chair
Hannah Belcher
Max Tassinari
Name of Public Body: ; Finance Committee
Date-and ‘Time of Meeting: Tuesday Dec. 3, 2024 5:30 PM
Location of Meeting: Harvey Hearing Room
AGENDA
own Council appropriate the sum of $368,000 to pay for the Design and Engineering
Cost of water main replacements
e Town Council vote to authorize the town to accept and expend the amount of
$475,000 in the form of a Grant from Clean Water Trust
e FY25 Tax Classification
TOWN OF WINTHROP
OFFICE OF THE TOWN MANAGER
Town Hall, 1 Metcalf Square, Winthrop, MA 02152 Telephone: 617-846-1077 Fax: 617-846-5458
Anthony Marino
Town Manager
Town Council Motion
November 14, 2024 Fiscal Year 2025
Motion Summary
Title: MWRA Borrowing for Water Main Replacement Design and Engineering
Motion ID: TCM25-007
Amount: $368,000.00
Funding Source: MWRA Local Water System Assistance Program
Motion Details
Motion Type: Borrowing Authorization
Submitted by: Anthony Marino, Town Manager
Date Submitted: November 14, 2024
Text of Motion
MOTION: I move that the Winthrop Town Council adopt the following order:
ORDERED: That the Town appropriates the sum of THREE HUNDRED SIXTY-EIGHT
THOUSAND DOLLARS ($368,000) to pay costs for design and engineering work for water
main replacement at Winthrop St, Triton Ave, Siren St, Hale Ave, and Brookfield Rd,(all of
which are part of the 5 year capital plan water main replacement program), including all costs
incidental and related thereto; that to meet this appropriation, the Treasurer, with the approval of
the Town Manager, is authorized to borrow said amount under and pursuant to M.G.L. c.44,
§8(5), or pursuant to any other enabling authority, and to issue bonds or notes of the Town
therefor; that the Treasurer, with the approval of the Town Manager, is authorized to borrow all
or a portion of such amount from the Massachusetts Water Resources Authority (the “Authority”)
and in connection therewith to enter into a loan agreement and/or financial assistance agreement
with the Authority and otherwise to contract with the Authority with respect to such loan and for
any grants or aid available for the project or for the financing thereof; that the Town Manager is
authorized to accept and expend any grants or aid available for the project or for the financing
thereof, provided that the amount of the authorized borrowing for the project shall be reduced by
the amount of any such grants or aid received; and that the Town Manager is authorized to take
any other action necessary or convenient to carry out this project;
Funding Details
Funding Source Funding Destination
Account | Description Amount Account Description Amount
IMWRA BORROWING [$368,000 | New- IFY25 MWRA $368,000
Water/Sewer [Water Main
(Capital Project [Design and
Fund [Engineering
TOWN OF WINTHROP
OFFICE OF THE TOWN MANAGER
Town Hall, 1 Metcalf Square, Winthrop, MA 02152 Telephone: 617-846-1077 Fax: 617-846-5458
Anthony Marino
Town Manager
Town Council Motion
November 14, 2024 Fiscal Year 2025
Motion Summary
Title: Lead Service Inventory and Replacement Plan Grant
Motion ID: TCM25-006
Amount: $475,000
Funding Source: State Grant
Moton Details
Motion Type: Appropriate
Submitted by: Anthony Marino, Town Manager
Date Submitted: November 14, 2024
Text of Motion
MOTION: I move that the Town Council vote to authorize the Town of Winthrop to
accept and expend the amount of Four Hundred Seventy-Five Thousand Dollars
($475,000.00) in the form of a grant awarded by the Clean Water Trust to be
administered by the Town of Winthrop’s Water-Sewer Enterprise Fund. This grant
payment is made from the Drinking Water State Revolving Fund (DWSRF). Grant
Information: Agreement # DWL24-25, DEP Project # DWSRF-18929; or take any other
action thereto.
Funding Details
Funding Source Funding Destination
Account Description Amount Account Description Amount
N/A N/A N/A New CWT Lead Service Plan {$475,000.00