RECEIVED March 3, 2011 @ 8:59 A.M.
Michele R. Grande, Redding Town Clerk
REDDING BOARD OF FINANCE
Motions
February 28, 2011
Motion: move to add an Executive Session for the purpose of discussing pending litigation. Yonkers, Mazzucco. Approved.Unanimous.
Motion: move that the Redding Board of Finance, as a matter of internal control for the Town funds, adopt the policy discussed, adding a requirement for a second authorization by a member of the Redding Board of Selectmen, for all accounts for which ACH or wire transfers can be initiated. Mazzucco, Dolan. Approved.Unanimous.
APPROVAL OF MINUTES
Motion: move that the Board of Finance accept the minutes of the January 24,, 2011 meeting as amended.Mazzucco, Dolan. Approved. 5-1. Mr. DeSalvo abstained.
Change: page 1, under Treasurer’s Report, the second sentence should read as follows:
EXECUTIVE SESSION
Motion: move that the Board of Finance recess to executive session for a discussion of pending litigation. Mazzucco, Dolan. Approved.Unanimous.
Mary Maday, Recording Secretary
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