Finance Committee Meeting

February 3, 2005

Judge Welsh Hearing Room, Town Hall, Provincetown, MA 02657

Members Present: Ruth Gilbert, Chair, Sue Buerkel, Mark Leach, Robert Vetrick, Walt Winnowski, and Gary Delius

Members Excused: Gail Enos, Matthew Clark, Ed Gage and Ginny Ross

Tom Thurston is expected to arrive late.

Also Present: Keith Bergman, Town Manager, Dennis Anderson, CEO Cape End Manor

Meeting was called to order at 3:05 p.m.

Ruth Gilbert introduced Walt Winnowski a new alternate member of the Finance Committee.

Keith Bergman gave a presentation on New England Deaconess Association Proposal from a mostly budget standpoint

-Town would give 1.9 million from the CPA to Deaconess to be applied to construction costs in exchange for permanent deed restriction of 19 affordable living units.

-Provincetown would no longer have direct fiscal responsibility as of FY07

-Town will enter into interim management agreement with Deaconess as of July 05

-Deaconess proposes yearly payment in lieu of taxes which is equal to 20% of net operating income (estimated at about $60,000) to be deposited back into CPA

-Proposal will not require tax levy override because money will be borrowed from CPA funds.

Dennis Anderson introduced John Zltowski, Executive Director of Deaconess Concord facility and gave a presentation from a care/treatment/budget perspective

-wage proposals same as Town

-staffing level proposals same as Town

-used a conservative marketing review

-interim management agreement will be phased in with about 3 months overlap with old and new.

Tom Thurston arrived at 3:45 p.m.

Meg Stewart a member of the audience asked how long NEDA has been in business and if any of their facilities have been closed. John Zoltowski responded that NEDA has been around since 1899 and that they did close their Rockport facility because of zoning issues and community opposition but not because of any financial issues.

Questions were raised by Committee members and answered by Keith Bergman and Dennis Anderson.

Minutes from December 13, 2004 were approved.

Meeting adjourned at 5:55 p.m.

Respectfully submitted,

Phyllis Lutsky

Phyllis Lutsky

Recording Secretary