Meeting Minutes

FALMOUTH EDIC OPEN MEETING:  July 12, 2022

Falmouth Town Hall, 59 Town Hall Square, Falmouth, MA 02540
Select Board Meeting Room

PRESENT
Christopher Land (C), Thomas Feronti (VC), Kevin Holmes (T), Mark Lowenstein (Ck), Michael, Galasso, Samuel Patterson

ABSENT
Adrian Merryman

8:31 am* CALL TO ORDER
A quorum was established. The Vice Chair called the meeting to order.

8:31 PUBLIC COMMENT
None

8:32 FALMOUTH GIGABIT PROJECT UPDATE: Steve Johnston
Postponed

8:32 APPROVAL OF BOARD MEETING MINUTES

  • MOTION: Galasso made a motion to approve the June 14, 2022 Public Session Board Meeting Minutes. Patterson 2nd the motion. All in favor. Motion approved.

  • MOTION: Patterson made a motion to approve but not release the June 14, 2022 Executive Session Board Meeting Minutes. Galasso 2nd the motion. All in favor. Motion approved.

8:33 FINANCE
Kevin Holmes

  • Holmes referred to the Balance Sheet are static. Cash balances are down about $20K from last month. The warrant is large this month, as was last month.

  • There was a short timing issue with Solar 1 & 2 lease payments – they were received in early July, and will be reflected next month.

  • The income statement shows the EDIC is behind budget, this is due to the timing issue with the Solar payment.

  • There are several items on the Income Statement that will not be forthcoming. The income from MTC grant fees is being delayed, the OpenCape project is complete and budgeted income hookup fees will not be received and a budgeted parking fee contribution from the Falmouth Enterprise will not be forthcoming. Several expenses will not be expended and will offset some of the income loss.

  • Galasso inquired if we are receiving the Town discount on the Station Eversource invoices. Broderick to inquire.

  • Patterson inquired on where Net Income is projected. Holmes said that the EDIC is running at a $30-$35k deficit and this is expected for this year. Holmes reminded the board that it is very important for any future endeavors, that they need a recurring positive cash flow.

  • MOTION: Patterson made a motion to approve the warrant in the amount of $19,884.94. Lowenstein 2nd the motion. All in favor. Motion approved.

8:41 PRIORITY PROGRAM UPDATES

Falmouth Station Update
Wayne Lingafelter

  • Lingafelter advised the Falmouth Sign that was damaged by a car, was replaced. Improvements were made to the way the sign was installed to improve its security.

  • Continued work is being done on the Station Anniversary event: banners are being created and food trucks researched. The budget for the anniversary event is $1,300, from the remaining funds from the Friends of Falmouth Station account.

  • The repair and restriping of the parking lot has been delayed by the contractor. Due to this as well as concerns by bus service providers, this project will be rescheduled for after Labor Day.

  • The masonry work for the Station brick repair is a current focus. The bidding process is being reviewed and discussed. It was determined that the architectural work associated with the masonry project is exempt from the public bidding requirements.

  • The lease agreement with Plymouth Brockton expires in August 2022. The renewal of this lease will be discussed in the Executive Session.

  • Patterson suggested that Michael Duffany as a resource/contact for experience contractors for the brick repair project at the Falmouth Station.

Falmouth Technology Park: Lot 21 Update
Wayne Lingafelter

  • Holmes & McGrath have completed the preliminary study to identify the buildable area on the lot. Based on the H & M site plan, 2.5 acres are buildable from the 4.8-acre lot. Importantly, it balances the site without having to bring more dirt in. It was determined that a 7-10K square foot building could be accommodated on the property. A few adjustments are being made to the plan, which will be done this week.

  • The sub-division process will take at least a couple months, estimated to be completed in October. The budget denotes a sale in October. Lingafelter stated it will be a challenge to complete a sale by year end.

  • There may be some procurement compliance to follow in regards to the sale of the property. Lingafelter will work with the EDIC procurement attorney to investigate and determine.

  • The hiring of a Broker to facilitate the property sale was discussed. Patterson suggested touching base with the Town Finance Director – Jennifer Mullen, as she has a comprehensive knowledge in procurement procedures.

  • Feronti recommended the reformation of the Tech Park sub-committee. Holmes and Lowenstein volunteered to join Feronti on this sub-committee.

MRECo – Bourne Tidal Test Sensor Platform Update
Lynne Broderick

  • Broderick advised of a delay on the project due to MassDOT denying a right of way easement to MRECo for the power source utility poles.

  • Senator Markey and Senator Moran, among others, are aware and engaged in the situation.

  • This project is more than halfway completed. The project is now in a holding pattern.

  • Broderick requested in writing a contract extension for use of the funds, due to situation, to allow MRECo time to resolve the power source issue.

  • Patterson said a political intervention is required at this point. He suggested reaching out to Dylan Fernandez, the CCC, and other political influencers.

  • The Board agreed that the Falmouth EDIC should assist MRECo in any way possible to complete the project, coordinating communication and information to the appropriate people.

9:15 NEW BUSINESS, AGENDA ITEMS, GUEST SPEAKERS

  • Steve Johnston, OpenCape – August/ September

  • Robert Mascali, Cape Cod Commission – September

  • The board discussed possibly cancelling the Falmouth EDIC board meeting in August.  The ED was charged with making a decision by early August, based on current organization matters and necessity for discussion.

9:19  ADJOURNMENT
MOTION: Feronti made a motion to ADJOURN and move into EXECUTIVE SESSION, not to Return to Public Session, to discuss a lease matter and employee related issues as discussing in a public session would be detrimental to the EDIC’s negotiation position and could cause harm to an individual’s rights and reputations. Patterson 2nd. Roll Call: Holmes Aye, Galasso Aye, Feronti Aye, Land Aye, Patterson Aye, Lowenstein Aye. Motion approved.

NEXT MEETING – August 9th, 2022, 8:30am

*Times listed are intended merely for guidance.

 
 

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