HomeMy WebLinkAboutTB Minutes 2015-01-12 ORGANIZATIONAL MEETING OF THE ITHACA TOWN BOARD
Monday,January 12, 2015
AGENDA
1. Call to Order and Pledge of Allegiance
2. Report of Tompkins County Legislature and Ithaca Common Council
3. Persons to be Heard
4. Consider Re-Appointment of Town Historian—Laura Johnson-Kelly
5. Discuss and Consider Approval of Town Board Meeting Schedule for 2015
6. Discuss 2015 Association of Towns' Resolutions and Consider Designation of 2015
Official Delegate and Alternate Delegate for the New York State Association of Towns
2015 Annual Meeting
7. Consider Membership and/or Chair Appointment(s) to the
a. Planning Board
b. Zoning Board of Appeals
c. Conservation Board
8. Acknowledge Supervisor's Town Board Committee Appointments and Consider Town
Board Appointments for Citizen Advisory Committees and Intermunicipal Organizations
9. Authorizing the Town Supervisor to Execute Certain Easements, Encroachment Licenses,
and Stormwater Operation, Maintenance and Reporting Agreements
10. Consider authorization for the Town Supervisor to sign contracts for the following
services:
a. Legal Services
b. Tompkins County Public Library
c. Town Residents' use of City Park Facilities (Cass Park) MOU
d. Cooperative Extension
e. Coddington Road Community Center Summer Program
f. Learning Web
g. Gadabout
h. Lifelong
i. Human Services Coalition
j. Community Science Institute (CSI)—Water Quality Monitoring
k. Tompkins County Recreation Partnership
1. Ithaca Babe Ruth League MOU
11. Consider Agreement for the Expenditure of Highway Monies
Page 1 of 2
12. Consider Authorization for Certain Expenditures by the Superintendent of Highways
without Prior Town Board Approval
13. Discuss and consider annual approval of Ethics Disclosure Form and Distribution List
14. Discuss and consider annual approval of Town Board Protocol and Procedures
15. Discuss and consider annual approval of the Town Procurement Policy
16. Discuss and Consider Joining an Inter-Municipal Coalition re LPG Gas Storage on
Seneca Lake
17. Consider Consent Agenda Items
a. Approval of Town Board Minutes of December 31, 2014
b. Town of Ithaca Abstract
c. Bolton Point Abstract
d. Designation of Official Depositories of Town Funds
e. Official Bonds of Town Officers and Employees
£ Increase Open Reserves Fund
g. Ratify Appointment of Engineering Technician I
h. Ratify Appointment of Assistant Distribution Manager— SCLIWC
i. Ratify Approval of SCLIWC 2015 Wages
18. Report of Town Officials
19. Report of Town Committees
20. Intermunicipal Organizations
21. Review of Correspondence
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ORGANIZATIONAL MEETING OF THE ITHACA TOWN BOARD
Monday,January 12, 2015
Minutes
Board Members Present: Herb Engman, Supervisor; Bill Goodman, Deputy Supervisor; Rich
DePaolo; Tee-Ann Hunter; Eric Levine; Rod Howe; Pat Leary(participated electronically)
Staff Present: Susan Ritter, Director of Planning; Bruce Bates, Director of Code Enforcement;
Mike Solvig, Director of Finance; Judy Drake, Director of Human Resources; Jim Weber,
Highway Superintendent; Susan Brock, Attorney for the Town; Deb DeAugistine, Deputy Town
Clerk
Item 1: Call to Order and Pledge of Allegiance
Item 2: Report of Tompkins County Legislature and Ithaca Common Council
Item 3: Persons to Be Heard
Bruce and Doug Brittain stopped by to say Happy New Year and to thank the board. Mr. Brittain
said that members of the public typically come before the board only when they have something
to complain about. Sometimes those complaints are valid,but the town board generally puts a lot
of work into everything they do and people ignore that. Other than at election time when board
members get re-elected, they don't hear much positive from the public. It's good that once per
year, somebody show up and say, We appreciate the work that you and town staff do for us. You
could all get paid more in the private sector, so it's a labor of love and essentially a volunteer
effort. Keep up the good work.
Mr. Engman reported that the town got $30,000 from Dryden for back sewer bills and should the
new contract be approved, we'll get another back payment from July through January. We've
also been promised the $20,000 payment for the sustainability planner from 2013.
Item 4: Consider Re-Appointment of Town Historian—Laura Johnson-Kelly
Ms. Hunter said that customarily the historians provide a report to the town board; last year, Ms.
Johnson-Kelly said she would, but the board didn't receive one.
Mr. Engman said she's been spending a lot of time on the Lakeview Cemetery,but he will ask
her to write a report.
TB Resolution No. 2015-001: Reappointment of Laura Johnson-Kelly as Town Historian
Be it Resolved, that the Town Board of the Town of Ithaca does hereby reappoint Ms. Laura
Johnson-Kelly as Town Historian for the term of January 1, 2015 through December 31, 2015.
Moved: Tee-Ann Hunter Seconded: Rod Howe
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 5: Discuss and Consider Approval of Town Board Meeting Schedule for 2015
Town Board Minutes 01-12-2015 Page 1 of 22
Mr. Levine put forward a motion, seconded by Mr. Goodman, to cancel the January study
session.
TB Resolution No. 2015-002: Set Dates for 2015 Meetings of the Town Board
Whereas the Town Board of the Town of Ithaca meets on the first Monday following the first
Tuesday of each month at 5:30 p.m., and
Whereas the Town Board also sets aside the fourth Monday of each month for an additional
meeting; these second meetings are commonly called study sessions which begin at 4:30 and are
held in a smaller meeting room. These study sessions focus on reports from committees and
presentations to the board with action items added only when necessary, and
Whereas the Town Board also sets aside the first Thursday in October for a meeting at 5:50
whose sole focus is the review and discussion of the Preliminary Town of Ithaca Budget, now
therefore be it
Resolved that the Town Board hereby approves the following schedule:
January 12th
February 9th and 23th
March 91h and 23th
April 13th and 27St
May 11th No second meeting due to holiday
June 8th and 22'd
July 13th and 27th
August 10th and 24th
September 14th and 281h Labor Day
October 1St Thursday—Budget Meeting
October 19th and 26th
November 5th Thursday—2nd Budget Meeting if needed
November 9th and 23th
December 7th
December 31th Year-end meeting if needed Special time 11:00 a.m.
Moved: Eric Levine Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 6: Discuss 2015 Association of Towns' Resolutions and Consider Designation of 2015
Official Delegate and Alternate Delegate for the New York State Association of Towns 2015
Annual Meeting
Discussion of AOT Resolutions
Resolution No. 1: Property Tax Cap
Amendment#1:
Mr. Engman stated that this resolution assumes that there will be another tax cap extension. Mr.
Engman moved and Mr. Goodman seconded amending the resolution's first Resolved clause to
say that the tax cap will not be renewed beyond June 15, 2016. His feeling is that the tax cap is
Town Board Minutes 01-12-2015 Page 2 of 22
unnecessary: it tends to blame towns for budgetary issues that they have not had anything to do
with. A comptroller's report issued the day of the meeting said that towns were successfully
restraining their increases to the 2% level before the tax cap was passed. The unfunded mandates
from the state force municipalities to raise our property taxes to do state, not local,programs. He
sees no need to continue it. He thinks cities and towns are doing a fine job, and that it's accepted
that the tax cap is really aimed at school systems, because their increases and tax dollars are
much larger than local governments'. But in order to add a measure of respectability to it so Mr.
Cuomo didn't seem like an anti-education governor, he proposed extending it to town, villages,
and cities. Mr. Engman thinks the towns' association should be fighting against it instead of
assuming it's going to continue. Local governments raise only the amount of taxes they need;
you don't see crazy ideas coming out of local governments that cause huge jumps in taxes.
We've managed much better than the State of New York, and yet we're getting blamed for
property tax increases: it's blaming the victim.
The town board voted unanimously in favor of the amendment.
Amendment#2:
Mr. Engman moved and Mr. DePaolo seconded an amendment to the second Resolved clause,
which would strike "that in order to make the property tax cap work for all New Yorkers" and
insert instead"if the tax cap continues."
The town board voted unanimously in favor of the amendment.
Ms. Hunter thought the June date was geared more toward villages because that's the start of
their fiscal year.
Mr. Engman said it's partially that, but it's also connected to regulating residential rent in New
York City.NYC was brought into the fold by promising to hold rent control in place. That's the
kind of deal-making that goes on in Albany in order to get things passed.
Ms. Leary does not think they are related. She thinks they were linked in order to get affirmative
votes from the NYC legislators because they don't care about municipalities or taxes. One
affects private landlords and the other one affects municipalities. If they were decoupled and the
tax cap decided on its own merits, it would be less likely to pass.
Ms. Hunter asked whether NYC legislators want rent control to continue. Ms. Leary and Mr.
Engman said they believe so.
Ms. Hunter asked Ms. Leary whether she wanted rent control in NYC to remain, and that by
decoupling these two, might it adversely impact the passage of rent control.
Ms. Leary said she thinks the reason the tax cap was coupled with the rent control is to get the
tax cap passed,because the rent control is very popular among NYC legislators and it would pass
no matter what; so they don't need us, the tax cap needs them in order to pass because the tax
cap is not popular upstate.
Amendment#3: Mr. Goodman moved and Mr. Engman seconded a new bullet to the effect that
if the tax cap were to be extended, it be considered based on its own merits, separate from
legislation regulating residential rent in NYC or other unrelated matter.
Town Board Minutes 01-12-2015 Page 3 of 22
The town board voted unanimously in favor of the amendment.
Resolution No. 9: Clean Water Act
Mr. Engman said the AOT wants to oppose the Clean Water Act jurisdiction for the US EPA and
the US Army Corps of Engineers because a lot of non-environmentally oriented folks in upstate
think that the Army Corps goes too far in regulating wetlands. But as we have learned, you have
to start at the source of water, and no matter what kind of water course it is, it will eventually
reach other bodies of water, like Cayuga Lake. He has never had an objection to the EPA or the
Army Corps having regulations over waters of the US under the Clean Water Act.
Mr. Engman made a motion to vote No on this resolution; Mr. Levine seconded. The board
supported the motion unanimously.
TB Resolution No. 2015-003: Naming of Official Delegate and Alternate for the Year 2015
to the New York State Association of Towns Annual Meeting and Support/Non Support for
Reported Resolutions
Whereas, the NYS Association of Towns Annual Meeting will be held in New York City and
Whereas, the Town of Ithaca is a member in good standing with the NYS Association of Towns
and is eligible to have voting rights at the said meeting and
Whereas, it is necessary for the Town Board to appoint an Official Delegate and Alternate who
will have voting rights on behalf of the Town of Ithaca at the said meeting and
Whereas, the Town Board has reviewed the Reported Resolutions from the Association of
Towns of the State of New York dated November 21, 2014 and received January 5, 2015, now
therefore be it
Resolved, that the Town Board of the Town of Ithaca hereby appoints Tee-Ann Hunter as the
Official Delegate and Bill Goodman as the Alternate Official Delegate on behalf of the Town of
Ithaca at the 2015 NYS Association of Towns Annual Meeting; and be it further
Resolved, that the Town Board of the Town of Ithaca does hereby recommend the Reported
Resolutions submitted by the Association of Towns except for No. 1, as amended, and No. 9
being "no."
Moved: Rod Howe Seconded: Rich DePaolo
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 7: Consider Membership and/or Chair Appointment(s) to the
a. Planning Board
b. Zoning Board of Appeals
c. Conservation Board: Rod
TB Resolution No. 2015-004a: Reappointment of Planning Board Member and Planning
Board Chair
Town Board Minutes 01-12-2015 Page 4 of 22
Whereas, the Town Board recommends that Hollis Erb be reappointed to her current position as
a regular member, and
Whereas, the Planning Board has recommended that Fred Wilcox be reappointed as Chair of the
Planning Board for 2015, now therefore be it
Resolved, that the Town Board hereby reappoints Hollis Erb as a regular member of the Planning
Board for a term beginning January 1, 2015 and ending December 31, 2021; and be it further
Resolved, that the Town Board hereby reappoints Fred Wilcox as Chair of the Planning Board
beginning January 1, 2015 through December 31, 2015.
Moved: Rod Howe Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
TB Resolution No. 2015-004b: Appointment of Zoning Board of Appeals Member,
Alternate Member and Chair
Whereas, the Zoning Board of Appeals has unanimously recommended that Rob Rosen be
reappointed as Chair for year ending December 31, 2015, and
Whereas, Chairman Rosen and the Director of Code Enforcement have recommended that
Christine Decker be re-appointed as a regular member and George Vignaux be reappointed as an
Alternate member of the Zoning Board of Appeals, now therefore be it
Resolved, that the Town Board of the Town of Ithaca hereby appoints Rob Rosen as Chair of the
Zoning Board of Appeals beginning January 1, 2015 through December 31, 2015, and be it
Further resolved, that the Ithaca Town Board hereby re-appoints Christine Decker, as a regular
member to the Zoning Board of Appeals for a term beginning January 1, 2015 and ending
December 31, 2019 and re-appoints George Vignaux as an alternate member to the Zoning
Board of Appeals for a term beginning January 1, 2015 and ending December 31, 2015.
Moved: Rich DePaolo Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
TB Resolution No. 2015-004c: Reappointments to the Conservation Board
Resolved, that the Town Board hereby reappoints the following individuals to the Conservation
Board for the term of January 1, 2015 to December 31, 2016:
Eva Hoffmann
James Hamilton
Ellie Stewart as Chair
Resolved, that the Town Board hereby reappoints Jonathan Meigs as an Associate Member of
the Conservation Board for the term of January 1, 2015 to December 31, 2015, and
Resolved, that the Town Board hereby reappoints Ellie Stewart as Conservation Board Chair
beginning January 1, 2015 through December 31, 2015.
Town Board Minutes 01-12-2015 Page 5 of 22
Moved: Rod Howe Seconded: Eric Levine
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 8: Acknowledge Supervisor's Town Board Committee Appointments and Consider
Town Board Appointments for Citizen Advisory Committees and Intermunicipal
Organizations
Ms. Hunter asked whether the Economic Development Committee keeps minutes.
Mr. Howe responded that they take notes. It's a proactive committee that meets at least quarterly.
They've been focused on the Inlet Valley and will host a meeting on January 28th of the
residents in the Inlet Valley to get feedback.
Ms. Hunter said that at one point, our committees had mission statements. She wondered
whether we should refamiliarize ourselves with that for new committees. New committees can
consider a declaration of mission that the town board can look at. If she can't attend certain
committee meetings, she doesn't know how she can be brought up to speed with their work.
Mr. Engman said that unfortunately we hadn't had regular study sessions toward the end of the
year, and that would be one way to keep up to date,but we can also share notes. Economic
Development is an ad hoc and not a standing committee with staff support; we might want to
make it one in the future if we see the need. The committee can do a better job of reporting out.
Ms. Brock stated that all committees have to have official minutes that contain at a minimum the
date, who attended, and votes on any actions.
TB Resolution No. 2015-005: Acknowledge Supervisor's Town Board Committee
Appointments and Confirm Citizen and Intermunicipal Committee Membership
Appointments and Recommendations
Resolved that the Town Board of the Town of Ithaca ratifies the following Town Supervisor's
Town Board Committee appointments for a term beginning January 1, 2015 through December
31, 2015 and be it further
Resolved that the Town Board of the Town of Ithaca makes the following Citizen Committee
and Intermunicipal Organization appointments for a term beginning January 1, 2015 through
December 31, 2015 unless otherwise noted.
TOWN BOARD COMMITTEES
Budget
Eric Levine, Chair
Herb Engman
Pat Leary
Personnel and Organization
Bill Goodman, Chair
Pat Leary
Tee-Ann Hunter
Town Board Minutes 01-12-2015 Page 6 of 22
(same TB members for Employee Relations)
Planning
Rich DePaolo, Chair
Bill Goodman
Rod Howe
Public Works
Rod Howe, Chair
Herb Engman
Rich DePaolo
TOWN BOARD AD HOC COMMITTEES
Economic Development
Rod Howe, Chair
Herb Engman
Bill Goodman
STAFF COMMITTEES
Employee Relations
Bill Goodman—Chair
Pat Leary
Tee-Ann Hunter
*Staff representatives are appointed by fellow staff
Records Management
Tee-Ann Hunter Paulette Terwilliger—Chair
Bill Goodman Lisa Carrier-Titti
Laura Johnson-Kelly
CITIZEN COMMITTEES
Agriculture
Bill Goodman(Liaison) Steep Hollow Farm(Christianne M. White)
Rod Howe—Alternate Tree Gate Farm (Sharon Tregaskis)
Sweyolakan Farm (Jamie Baker)
Laughing Goat Fiber Farm(Lisa Ferguson)
Forest Family Farm (Claire Forest)
A.J. Teeter Farm(Debbie Teeter)
Ithaca Equestrian Center(Russ Wedemeyer)
Associate Members:
Lance Ebel and Devon Van Noble
Codes and Ordinances
Bill Goodman—Chair Fred Wilcox—Planning Board
Pat Leary Eva Hoffmann—Conservation Board
Eric Levine Bill King—Zoning Board of Appeals
Town Board Minutes 01-12-2015 Page 7 of 22
INTERMUNICIPAL
Cayuga Lake Watershed Intermunicipal Organization
Tee-Ann Hunter
Rich DePaolo (Alternate)
Cayuga Medical Center
Rich DePaolo
Ithaca-Tompkins County Transportation Council (ITCTC) Policy
Herb Engman
Bill Goodman (Alternate)
Ithaca College Community Work Group
Rich DePaolo
Joint Youth Commission
Rich DePaolo
Eric Levine Alternate
Cable Access Oversight Committee
Rich DePaolo
Recreation Partnership
Eric Levine
Tee-Ann Hunter
Southern Cayuga Lake Intermunicipal Water Commission (Bolton Point)
Herb Engman
Bill Goodman
Sewer Joint Committee of the Ithaca Area Wastewater Treatment Facility
Herb Engman
Tee-Ann Hunter
Rich DePaolo
Tompkins County Council of Governments
Herb Engman
Bill Goodman (alternate)
Tompkins County Municipal Health Consortium
Judy Drake
Herb Engman (alternate)
Subcommittee -- Joint Committee on Plan Design
Judy Drake
Herb Engman (alternate)
Moved: Bill Goodman Seconded: Eric Levine
Town Board Minutes 01-12-2015 Page 8 of 22
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 9: Authorizing the Town Supervisor to Execute Certain Easements, Encroachment
Licenses, and Stormwater Operation,Maintenance and Reporting Agreements
TB Resolution No. 2015-006: Authorizing the Town Supervisor to Execute Certain
Easements, Encroachment Licenses, and Stormwater Operation,Maintenance and
Reporting Agreements
Whereas the Town routinely enters into certain easements granted to the Town or, encroachment
licenses granted by the Town, and Stormwater Operation, Maintenance and Reporting
agreements for routine matters such as, but not limited to, the placement and maintenance of
public and private sewer and water lines, encroachments into Town easements, and the
construction, operation and maintenance of private stormwater facilities, and
Whereas such easements, licenses and agreements as listed above are often required by the Town
Planning Board as conditions of approval for a project, and they are often reviewed by various
Boards, Committees, the Attorney for the Town and/or department heads, and
Whereas such matters as listed above require a Town official's signature and, now therefore be it
Resolved that the Town Board of the Town of Ithaca hereby authorizes the Town Supervisor to
execute on behalf of the Town, until the 2016 Organizational Meeting of the Town Board, water,
sewer, stormwater and access easements granted to the Town, and Stormwater Operation,
Maintenance and Reporting agreements, where such easements and/or agreements are required
by the Planning Board or Zoning Board of Appeals as conditions of approval for a project and,
be it further
Resolved that the Town Board of the Town of Ithaca hereby authorizes the Town Supervisor to
execute on behalf of the Town, until the 2016 Organizational Meeting of the Town Board,
encroachment licenses granted by the Town where structures encroach into Town easements or
property,provided the licenses require the removal of all or any part of the encroachments as the
Town in its sole discretion deems necessary for the exercise of the Town's rights or to respond to
an emergency or other circumstance.
Moved: Rod Howe Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 10: Consider authorization for the Town Supervisor to sign contracts for the
following services:
a. Legal Services
b. Tompkins County Public Library
c. Town Residents' Use of City Park Facilities (Cass Park) MOU--pulled
d. Cooperative Extension
e. Coddington Road Community Center Summer Program
f. Learning Web
g. Gadabout
h. Lifelong
i. Human Services Coalition
Town Board Minutes 01-12-2015 Page 9 of 22
j. Community Science Institute (CSI)—Water Quality Monitoring
k. Tompkins County Recreation Partnership
1. Ithaca Babe Ruth League MOU
Mr. Engman said a subcommittee is looking at all the contracts, but most likely won't finish
them this year.
Ms. Ritter said that Ms. Moynihan-Schmitt, who has left Thaler& Thaler, fills in for Ms. Brock
at planning board meetings. We would like to continue having her work with the planning board,
so we need permission from the town board to bring a letter of engagement to the February
meeting.
Mr. Engman said that she worked with us on Steamboat Landing.
Ms. Brock commented about an email exchange between her and Mr. Engman regarding the
payments the town makes to the city for park facilities—the MOU doesn't really spell out what
the benefits are to the town. She asked whether town residents get a reduced fee for use of the
facilities, and if so,what the amount of the benefit is. Mr. Engman's response was that the town
residents get a reduced fee, and the city calculated it to about $30,000 per year,but the payments
the town makes to the city are considerably larger. So the question is: is the balance a gift to the
city? Municipalities can make gifts of money to other municipalities if it furthers a public
purpose of the donor municipality,but the comptroller has a number of opinions saying that
needs to happen by local law because their authority to make those gifts of public money to
further their own public interests is something they would do under their powers of the municipal
home rule law. If, instead, we're saying this is really a jointly provided set of services under the
intermunicipal cooperation provisions of General Municipal Law §119-0, then it wouldn't be a
gift, rather the town is helping to fund these services. Nothing is jointly owned. Is the town
considered to be jointly operating? Is the city doing all the work on behalf of the town? Is the
town's standing any different than that of any other town besides the reduced fees being paid by
town residents? Is there any indication that this is a joint service of the town and the city? This is
just a purely legal question of how to give them the money. If it can be characterized as a joint
service, then she thinks it's okay. If it can't be, we should set up a public hearing for a local law
to authorize this gift of money. The resolution calls it a contribution,but if it's not a gift, we
should not call it a contribution, but possibly a payment. If the benefit to the town is
commensurate with the payment, it's not a gift.
Ms. Hunter asked what we have operated under in previous years. She thought that initially the
money was going to the city to support park infrastructure, then we fell into the conversation
about getting a reduced rate, which was always part of the deal, but she didn't know if it was
ever costed out so that those reductions offset the monetary contribution.
Ms. Brock said it caught her eye this year because there were no benefits apparent on the face of
the document.
Mr. Levine thought the $30,000 was not to offset the reduced fees. That money was if we were
going to go the full $111,000, we were going to get reduced costs on all the city programs that
the Youth Bureau provides. We said that instead, we were going to give 75% of that $111,000.
Town Board Minutes 01-12-2015 Page 10 of 22
Mr. Goodman said that when they met with the city representatives from the Youth Bureau and
the mayor's office at the beginning of December, the MOU had the same wording we've used in
prior years, with the exception of a statement to the effect that the figures were based on the
percentage usage of the facilities by town residents. Since that wasn't really calculated
accurately, we took out that sentence, but the benefit of the town residents paying the same rates
as the city residents is the same as it has been in all the prior MOUs. In the past, we didn't really
investigate the financial benefit of the reduced rates. But in Al Green's presentation, he thought
the benefit was $38,000. We thought that by not giving them the full $111,000 again, they might
take away that benefit,but when we met with them in December, they said they would still give
us the reduced rate. So do we say that anything above the $38,000 is then going to be going for
something different?
Mr. DePaolo said that since we've already agreed on a budget amount and know what we're
spending, there's no reason not to pull this agreement off the list and visit it once it's more ready
for prime time.
Mr. DePaolo moved and Ms. Hunter seconded holding a public hearing on February 9th at 5:30
to consider a local law authorizing a contribution to the City of Ithaca for expenses related to city
parks. The town board supported the motion unanimously.
TB Resolution No. 2015-007: Approval and Authorization for the Town Supervisor to
Execute Annual Contracts
Resolved, that the Ithaca Town Board hereby approves and authorizes the Town Supervisor to
execute annual contracts, which were approved as part of the 2015 Town Budget, with the
following service(s)providers:
a. Legal Services— Susan H. Brock, and Guy Krogh
b. Tompkins County Public Library
c. Town Residents' Use of City Park Facilities (Cass Park)—pulled
d. Cooperative Extension
e. Learning Web
f. Gadabout
g. Lifelong
h. Human Services Coalition
i. Community Science Institute (CSI) Water Quality Monitoring
j. Ithaca Babe Ruth League MOU
k. Recreation Partnership
Moved: Rod Howe Seconded: Eric Levine
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 11: Consider Agreement for the Expenditure of Highway Monies
Mr. Engman noted that these monies are for general repairs and permanent improvements. This
agreement is required by state law each year.
Town Board Minutes 01-12-2015 Page 11 of 22
Mr. Goodman pointed out that on Honness Lane,the cost is $0.5 million for half a mile (which is
$100,000 for a tenth of a mile) and on Marcy Court, the cost is $300,000 for .16 miles. They
aren't proportional: it's a lot more expensive for the Marcy Court work.
Mr. Weber said that on Marcy Court, it's the same reconstruction as was done on Whitetail, so
we used the same numbers from that project. On Honness Lane, we're not doing any curbing or
sidewalk work, we're just doing pavement. The scope of the work for each road is a little
different.
TB Resolution 2015-008: 2015 Agreement for the Expenditure of Highway Monies
AGREEMENT between the Town Highway Superintendent of the Town of Ithaca, Tompkins County,
New York and the undersigned members of the Town Board.
Pursuant to the provisions of Section 284 of the Highway Law,we agree that monies levied and collected
in the Town for the repair and improvement of highways, and received from the State for State Aid for the
repair and improvement of highways, shall be expended as follows:
HIGHWAY:
1. GENERAL REPAIRS. The sum of$175,000 shall be set aside to be expended for primary work and
general repairs upon 7 miles of town highways, including sluices, culverts, and bridges having a span
of less than five feet and walks or the renewals thereof.
2. PERMANENT IMPROVEMENTS.
The sum of$175,000 shall be set aside to be expended for the permanent improvement of town
highways, including paving, guide rails, etc.
The sum of$500,000 shall be set aside to be expended for the permanent improvement of
Honness Lane to re-establish shoulders, drainage facilities and replacement of gravels and
asphalt of 0.5 miles of road.
The sum of$300,000 shall be set aside to be expended for the permanent improvement of
Marcy Court to re-establish shoulders, gutters and replacement of gravels and asphalt of 0.16
miles of road.
The sum of$50,000 shall be set aside to be expended for the permanent improvement of
Blackstone Avenue to re-establish shoulders and install an asphalt overlay of 0.34 miles of
road.
Executed in duplicate this 12th day of January 2015.
Supervisor Councilperson
Councilperson Councilperson
Councilperson Councilperson
Councilperson
Town Highway Superintendent
Town Board Minutes 01-12-2015 Page 12 of 22
Moved: Rich DePaolo Seconded: Rod Howe
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 12: Consider Authorization for Certain Expenditures by the Superintendent of
Highways without Prior Town Board Approval
Mr. DePaolo pointed out that even though we have this discussion on an annual basis, he thinks
we need to at least revisit the idea that, as easy as it is to proceed with this system, there may be a
threshold above which we would like to consider a more scrutinous look at purchases. We do
approve budget amounts; we don't know much about the equipment being purchased—it's what
we pay Mr. Weber and the staff to do. But public works is far and away the largest area of
expense for the town, and it's a lot of money to relinquish responsibility for once per year. We
talked last year about having more regular reporting of bid processes at the public works
committee,but he didn't know whether this had occurred.
Mr. Engman responded that we have been reviewing them through the public works committee
and notifying people when bids will be open, so anyone who wants to observe and participate in
bid openings can do that.
Mr. Weber pointed out that they provided updates on all the purchases. The updates indicated
what was approved in the budget,what was spent, and how they were purchased—whether it
was a piggy back—and which other municipality we were piggy-backing onto—or whether we
went out to bid. Those were done last year and will continue.
Mr. Engman said we really ought to be looking carefully at these during the budget process when
they're being requested because by the time you're putting things out to bid, you're so far down
the pike, it's difficult to say, Wait, that's the wrong model. He would hope we would have those
hard discussions during budget time.
Ms. Hunter countered that during the budget process, we don't have those discussions. We have
the name of a piece of equipment and an estimate provided to us by public works. It's the
spec'ing out of the equipment that she thinks is where we need to have the discussion and a look
at possible alternatives. And when we pass the budget, we don't have any information to inform
that type of discussion. She asked Mr. Engman whether at budget time, we will be looking at
more information relative to the proposed items we may possibly purchase: will we have the
information for the budget or are we simply saying we need to replace, say, the paver, and this is
what a paver costs. She has no idea whether we're buying the Cadillac of pavers or the Ford
Taurus of pavers. For small-ticket items, it's not a problem,but for expensive pieces of
equipment, it might behoove us to take a look at that information.
Mr. Engman responded that we purchase items that fit the job they have to do, and it seems to
him that it's the public works department's job to figure that out. If they screw up and get a lousy
piece of equipment, it's on them. He doesn't see what individual town board members can add to
that discussion—whether it be a Ford or a Volvo. That's more of a technical issue for the staff to
figure out. He doesn't feel capable of making that determination; we hire staff who are capable
of making that decision. It's the board's responsibility to say whether it's reasonable and whether
we have the money.
Town Board Minutes 01-12-2015 Page 13 of 22
Mr. DePaolo said that continuing the car analogy, if the purpose of the car is to go from point A
to point B, there are a lot of cars that will do that. Some will make you feel better while you're
doing it; some will make you look better to your friends while you're doing it. We don't know
what any of those intangibles are. He doesn't know if the same variables exist in the world of
heavy equipment. There must be some luxury amenities that are considered. He doesn't know
what those variables are, and agrees that the board's inability to weigh in substantively is built in.
Short of having this explained to us, we can't do anything except say, Okay, you want $300,000;
we have $300,000. There must be some features of these high-ticket items that go beyond
whether or not it's right for the job—things that have to do with comfort, etc. Maybe there are
perceptions of quality and longevity, and maybe not. Right now, there's an element of blind
faith.
Mr. Engman responded that the same thing happens with computers. Are we really that expert in
computers that we would override our IT staff? He doesn't know how we become experts in
heavy equipment in order to make these sorts of judgments.
Ms. Hunter pointed out that if we had discussions, we might educate ourselves a bit and become
a better informed consumer.
Mr. DePaolo argued that computers didn't provide the right analogy; some of us know as much
about computers as Ms. Carrier-Titti does. Also, we're not spending $2 million per year on
computers.
Mr. Engman suggested finding a particular time of year to have that discussion,but it's not at the
time of purchase.
Mr. DePaolo said that maybe there's a study session at which these large-ticket items get focused
on; maybe there's some form of presentation or pitch that could be made to the board that's more
than, Our old one is beat up and we've got to buy a new one, and this is the cost.
Mr. Weber said the fleet replacement program and policies have been discussed with the public
works committee, and it comes up every year as we're going through that. We look at the
physical condition of the vehicles,the mileage, the maintenance history. Although it is not
specific at any one time, these discussions do take place and we do spend time with the budget
committee discussing the vehicles and equipment.
Mr. DePaolo said that to the extent that those considerations are happening at the public works
department, it's a good thing,but when we see the fleet replacement program, it typically
identifies, over a period of years, what we intend to replace, what we think we can get for the old
one,what we're going to have to spend on the new one, and when it's going to happen. The other
parameters go into why those items end up on the list to begin with and where they are on the
list. We don't see the details.
Mr. Weber said that those discussions take place at the committee level as we were developing,
specifically, the policies for the fleet replacement, and one of the critical discussions we had was:
how long do we keep them? It's a question of having a viable commodity and the timeframe
under which you get rid of something that is worth money versus holding onto it and having it
lose its value, thereby increasing the cost of maintenance to keep it running, and meeting all the
Town Board Minutes 01-12-2015 Page 14 of 22
applicable laws now becomes a cost constraint. One of the vehicles we're replacing this year
spent 8 months in a mechanic's shop.
Ms. Hunter said that her concern is not with their identifying a piece of equipment—she's glad
they are sharing the criteria Mr. Weber listed—it's what we choose to replace it with. That's
what she'd be interested in learning more about. What are the options in this type of equipment?
What is the price range in this kind of equipment? Why would we spend $250,000 instead of
spending $198,000? There may be a valid reason for it, and she would love to hear what it is,but
she doesn't feel like she's doing her fiscal due diligence by just taking a figure that someone has
ascribed to a piece of equipment that's described in two or three words and simply saying, Yep,
go buy it; I don't need to see or hear any more about it. Not that she would have a lot to add to
the discussion, but she might, and at that level of expenditure, she thinks it's an exercise that the
board should participate in in an efficient way. She doesn't want to waste time and doesn't think
it would be necessary for items that were not particularly expensive,but she thinks we should
figure out a way for discussion to happen.
Mr. DePaolo asked the incoming chair(Mr. Howe)whether this was the kind of discussion they
could have at the public works committee level to see whether there's a way to report out to a
degree of specificity that would allow for some involvement by board members who aren't on
the committee. Mr. Howe agreed that this is possible.
TB Resolution No. 2015-009: Authorizing Certain Expenditures by the Superintendent of
Highways without Prior Town Board Approval
Whereas, Section 142, Subdivision- 1(a) of the New York Highway Law authorizes the Town
Board to adopt a resolution permitting the Town Superintendent of Highways to purchase
equipment, tools and implements without prior approval of the Town Board in an amount or
amounts to be fixed by it from time to time; and
Whereas, the Town Board adopted a 2015 Ithaca Town Budget which included monies for the
purchase of vehicles, tools and equipment; and
Whereas, it is determined by this Board to be reasonable and proper and in the best interests of
the efficient functioning of the Public Works Department that the Town Superintendent of
Highways be granted permission to purchase such items without its prior approval in amounts
not to exceed the approved respective budgeted amounts; now therefore be it
Resolved, that the governing Town Board of the Town of Ithaca does hereby authorize the Town
Superintendent of Highways to spend amounts, not to exceed what is identified within the
adopted 2015 Ithaca Town Budget, without the prior approval of this Board, for the purchase
during fiscal year 2015 of vehicles, tools and equipment to be used for highway maintenance,
construction, reconstruction, and/or snow removal; except when the lowest responsive and
responsible bidder is not selected and be it further
Resolved, that the authorization hereinabove granted shall be construed as meaning that the total
amount spent on each item purchased by the Town Highway Superintendent during fiscal year
2015 shall not exceed the respective budgeted amount for that item in the adopted 2015 Town of
Ithaca budget.
Town Board Minutes 01-12-2015 Page 15 of 22
Moved: Rod Howe Seconded: Rich DePaolo
Vote Ayes: Engman, DePaolo, Levine, Goodman, Howe Nays: Hunter
Item 13: Discuss and consider annual approval of Ethics Disclosure Form and Distribution
List
TB Resolution No. 2015-010: Annual Approval of Ethics Disclosure Form and Distribution
List
Whereas the Town Board reviews the Ethics Disclosure Form and Distribution List of positions
required to complete the Form annually at its Organizational Meeting as required by the Town
Code, now therefore be it
Resolved that the Town Board hereby approves the existing Ethics Disclosure Form and list of
Town positions required to submit same.
Moved: Rod Howe Seconded: Eric Levine
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 14: Discuss and consider annual approval of Town Board Protocol and Procedures
TB Resolution No. 2015-011: Approval of the Town's Board Protocol and Procedures
Manual
Whereas the Town Board has adopted and approved the use of the Board Protocol and
Procedures Manual and
Whereas the Manual is to be reviewed and reaffirmed annually, now therefore be it
Resolved, the Town Board of the Town of Ithaca does hereby reaffirm and approve the use of the
Board Protocol and Procedures Manual as the rules of its procedures for the Town Board as
authorized by Town Law Section 63.
Moved: Bill Goodman Seconded: Eric Levine
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 15: Discuss and consider annual approval of the Town Procurement Policy
TB Resolution No. 2015-012: Approval of the Town's Procurement Policy
Whereas the Town Board has adopted and approved a Procurement Policy, and
Whereas the Procurement Policy is to be reviewed and reaffirmed annually, now therefore be it
Resolved, the Town Board of the Town of Ithaca does hereby reaffirm the Procurement Policy.
Moved: Eric Levine Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Town Board Minutes 01-12-2015 Page 16 of 22
Item 16: Discuss and Consider Joining an Inter-Municipal Coalition regarding LPG Gas
Storage on Seneca Lake
Mr. Engman said that we received a request for support from those opposing the gas storage on
Seneca Lake. Ms. Brock had pointed out that with the resolution as written, the town might
expose itself to a potential cost, because even though the NRDC is doing pro bono work, it
seemed to imply that some of the other costs, like expert witnesses, might come to bear on those
who had joined in. The intention of this is to be friends of the court on behalf of those who are
opposing the liquid petroleum gas storage under Seneca Lake, similar to support we gave the
Town of Dryden in the situation with hydrofracking. He suggested alternative wording in the
Resolved clause.
Mr. DePaolo brought up the Representation Agreement. On the bottom of page 1, it discusses the
authority for Mr. Engman and Mr. Goodman to act on behalf of the town. Considering that we're
looking at potential litigation and what our involvement is going to be, he moved that we strike
the phrase that gives them the ability to act unilaterally for the board, and instead agree to render
decisions as a full board. He said that the town board meets every two weeks and if we need to
pull together a special meeting to make a decision about something related to this, it's easy
enough to do.
Ms. Brock said she thought it would be okay because the board is able to act fairly quickly.
Because of the way the Resolved clause of the resolution was amended, the town would not be a
full party to the issues conference or any litigation: we would just be an amicus party.
Mr. DePaolo said that if they refuse to ratify the agreement on their end,the board just needs to
agree to ratify it on our end.
Ms. Brock agreed that regardless of whether or not the language is striken, since the board has
agreed that they will make decisions as a full board, there should not be a problem.
TB Resolution No. 2015-013: Join Inter-Municipal Coalition in Seeking Party Status at
DEC Issues Conference Regarding LPG Storage on Seneca Lake
Whereas the storage of LP and Natural gas immediately adjacent to Seneca Lake in long
abandoned solution mined salt caverns has been proposed and
Whereas the Town Board of the Town of Ithaca is keenly aware of the potential environmental
consequences to Seneca Lake that could result from any accidental leakage, mishandling and
pressurization of such fuels and
Whereas the Ithaca Town Board deems it unacceptable to put at risk the water supply of over
100 thousand Finger Lakes residents and
Whereas the Town of Ithaca exercises jurisdiction over part of Cayuga Lake and thus is keenly
aware of threats to drinking water and to recreational uses of the Finger Lakes and
Whereas the Seneca County Board of Supervisors approved resolution#34-13, opposing this
proposal in early 2013 and has since been joined in opposition by 12 neighboring municipalities
in the Finger Lakes Region and
Town Board Minutes 01-12-2015 Page 17 of 22
Whereas pro-bono legal representation in preparation for and at the DEC Issues Conference will
be provided by the NRDC (Natural Resources Defense Council). Now, Therefore, Be It
Resolved that the Town Board of the Town of Ithaca hereby authorizes the Town Supervisor to
sign a representation agreement with the NRDC, subject to the approval of the Attorney for the
Town, that limits the Town's participation to amicus curiae status in the Issues Conference and
any litigation at no cost to the town for any expenses or fees, and to cosign a petition along with
other Finger Lakes municipalities, seeking amicus curiae party status at the upcoming DEC
Issues Conference on LPG Storage Under Seneca Lake.
Moved: Herb Engman Seconded: Tee-Ann Hunter
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
Item 17: Consider Consent Agenda Items
TB Resolution No. 2015-014: Adopt Consent Agenda
Resolved, that the Town Board of the Town of Ithaca hereby approves and/or adopts the
following Consent Agenda items:
a. Approval of Town Board Minutes of December 31, 2014
b. Town of Ithaca Abstract
c. Bolton Point Abstract
d. Designation of Official Depositories of Town Funds
e. Official Bonds of Town Officers and Employees
f. Increase Open Reserves Fund
g. Ratify Appointment of Engineering Technician I
h. Ratify Appointment of Assistant Distribution Manager—SCLIWC
i. Ratify Approval of SCLIWC 2015 Wages
Moved: Rod Howe Seconded: Eric Levine
Vote Ayes: Engman, DePaolo, Hunter, Levine, Goodman, Howe
TB Resolution No. 2015-014a: Approval of Minutes of December 31, 2014
Whereas, the draft Minutes of the December 31, 2014 meeting of the Town Board have been
submitted for review and approval, now therefore be it
Resolved, that the Town Board hereby approves the submitted minutes as the final minutes of the
meeting December 31, 2014 of the Town Board of the Town of Ithaca.
TB Resolution No. 2015-014b: Town of Ithaca Abstract
Whereas the following numbered vouchers have been presented to the Ithaca Town Board for
approval of payment; and
Whereas the said vouchers have been audited for payment by the said Town Board; now
therefore be it
Town Board Minutes 01-12-2015 Page 18 of 22
Resolved that the governing Town Board hereby authorizes the payment of the said vouchers in
total for the amounts indicated.
VOUCHER NOS. 1 - 46
General Fund Town wide 43,364.40
General Fund Part Town 6,282.44
Highway Fund Part Town 172,931.89
Water Fund 2,184.15
Sewer Fund 285,063.83
Sand Bank Road Reconstruction 7,259.00
Winners Circle Reconstruction 1,936.05
Christopher Circle Water Tank 8,226.50
Coddington Road Water Main Replace 11,614.35
Forest Home Lighting District 37.86
TOTAL 538,900.47
TB Resolution No. 2015-014c: Bolton Point Abstract
Whereas, the following numbered vouchers for the Southern Cayuga Lake Intermunicipal Water
Commission have been presented to the governing Town Board for approval of payment; and
Whereas, the said vouchers have been audited for payment by the said Town Board; now,
therefore,be it
Resolved, that the governing Town Board hereby authorizes the payment of the said vouchers.
Voucher Numbers: 607-653, 1-12
Check Numbers: 15671-15729
#013 #001
Burdick Hill Tanks Project $ 0 0
Capital Impr/Repl Project $ 2,916.00 0
Operating Fund $ 94,340.39 $53,408.94
TOTAL $ 97,256.39 $53,408.94
Less Prepaid $ 34,369.22 $ 210.00
TOTAL $ 62,887.17 $53,198.94
TB Resolution No. 2015-014d: Designation of Official Depository of Town Funds
Resolved, that the Town Board of the Town of Ithaca hereby designates Tompkins Trust
Company as the official depository for monies coming into the hands of the Town Supervisor,
Budget Officer, Town Clerk, and Receiver of Taxes for the year 2015; and, be it further
TB Resolution No. 2015-014e: Official Bonds for Town Officers and Employees
Resolved, by the Town Board of the Town of Ithaca, that the Faithful Performance Bonds for the
Town Officials and Employees for the year 2015 are approved as followed:
Town Board Minutes 01-12-2015 Page 19 of 22
Town Supervisor/Fiscal Officer $3,000,000.00
Deputy Town Supervisor $3,000,000.00
Finance Officer $3,000,000.00
Receiver of Taxes $3,000,000.00
Town Clerk $ 25,000.00
Town Justice, James Salk $ 25,000.00
Town Justice, David Klein $ 25,000.00
Highway Superintendent $ 25,000.00
All Other Employees (Per Person) $ 25,000.00
Forgery& Alteration $ 5,000.00
TB Resolution No. 2015-014f: Increasing the Open Space Plan Reserve
Whereas, the Open Space Plan Reserve was created by the Ithaca Town Board on October 2,
1997 for the future development of parks, preservation of open space, and acquisition of
development rights; and
Whereas, as of the year ended December 31, 2014 the balance of the Open Space Plan Reserve
totaled approximately $735,544 in reserved Fund Balance within the General Townwide Fund;
and
Whereas, this Town Board indicated its intention to increase the Open Space Plan Reserve by the
amount of$75,000 in the 2015 Town of Ithaca Budget; now, therefore,be it
Resolved, that this governing Town Board hereby designates an additional $75,000 of
unreserved Fund Balance of the General Townwide Fund as reserved for the Open Space Plan,
and be it further
Resolved, that the Town Board approves, authorizes and directs the Town Finance Officer to
transfer $75,000 from the General Townwide Fund account to the Open Space Plan Reserve
account.
TB Resolution No. 2015-014g: Ratification of Highway Superintendent's Appointment of
Engineering Technician I
Whereas, there has been a vacancy in the full time position of Engineering Technician I for the
Public Works Department, since August 22, 2014 due to a resignation; and
Whereas, the Interview Committee interviewed five candidates from an open competitive
recruitment; and
Whereas, the Committee has determined that David O'Shea possesses the necessary knowledge
and skills to satisfactorily perform the duties of Engineering Technician I; and
Whereas, this would be a provisional appointment that requires the appointee to be one of the top
three reachable candidates from the next civil service exam for the said position; and
Town Board Minutes 01-12-2015 Page 20 of 22
Whereas, Jim Weber, Highway Superintendent/Director of Public Works, provisionally
appointed David O'Shea as Engineering Technician I, effective January 12, 2015; now, therefore
be it
Resolved, the Town Board of the Town of Ithaca does hereby ratify the provisional appointment
made by the Highway Superintendent/Director of Public Works, of David O'Shea as
Engineering Technician I, effective January 12, 2015; and be it further
Resolved, this position is at 40 hours a week, at the hourly wage of $24.31, which is an estimated
annual salary of $50,564.80 from Public Works account numbers, in Job Classification "IV",
with full time benefits; and be it further
Resolved, the said appointment is a provisional appointment pending the results from the next
civil service exam for this position.
TB Resolution No. 2015-014h: Provisional Appointment of Assistant Distribution Manager
- SCLIWC
Whereas, the Southern Cayuga Lake Intermunicipal Water Commission has a vacancy in the
Assistant Distribution Manager position in the Distribution Department; and
Whereas, Gregg Weatherby has worked in the Distribution Department since his appointment as
a Distribution Operator Trainee on March 19,2012 and has since obtained his D Certification
and been appointed as a Distribution Operator; and
Whereas, the Commission on January 8,2015, provisionally appointed Gregg Weatherby to the
Assistant Distribution Manager position; now, therefore, be it
Resolved, that the Town of Ithaca does hereby ratify the Commission's appointment of Gregg
Weatherby to the position of Assistant Distribution Manager in the provisional status, effective
December 28,2014 at the hourly rate of $25.48 with no change in benefits; and be it further
Resolved, the candidate must take and be a reachable candidate from the next civil service exam
for the position.
TB Resolution No. 2015-0141: Approval of Southern Cayuga Lake Intermunicipal Water
Commission Employee Wages for 2015
Whereas, the governing Town Board of the Town of Ithaca has reviewed the proposed wage
scale and wages for Southern Cayuga Lake Intermunicipal Water Commission's (Commission)
non- bargaining employees for the year 2015 and changes to bargaining employees due to
receiving a step increase; and
Whereas, Commission at their January 8, 2015 meeting approved the specific employee wages as
detailed on the attached spreadsheet, with the understanding that the wages for the employees of
the UAW unit will be determined through labor negotiations that are in process; and
Town Board Minutes 01 -12-2015 Page 21 of 22
Whereas, the United Auto Workers (UAW) unit is in the process of negotiating a renewal
contract, so changes to those employees' wages will be presented at a later time; now, therefore,
be it
Resolved, the governing Town Board of the Town of Ithaca does hereby approve the SCLIWC
2015 wage scale and wages as detailed on the attached spreadsheet, with the understanding that
the wages for the employees of the UAW unit will be determined through labor negotiations that
are in process.
Item 18: Report of Town Officials
Mr. Engman said we've been sitting on a grant from the Department of State for the
Intermunicipal Organization to redo the watershed study for Cayuga Lake that was last done in
1998. Now things are moving very quickly. It looks like we'll be able to subcontract with the
Cayuga Lake Watershed Network to do the study on behalf of the 10. What we still lack is DOS
the approval of the contract between them and the town. Once they give approval, we have to
accept the grant, which is $29,700, then we can update the plan.
Item 19: Report of Town Committees
Item 20: Intermunicipal Organizations
Item 21: Review of Correspondence
Adjournment
On a motion by Ms. Hunter, seconded by Mr. Levine, the meeting adjourned at 7:15 p.m.
Respectfully Submitted
Debra DeAugikine^Deput) Clerk
r\
Town Board Minutes 01-12-2015 Page 22 of 22
TOWN OF ITHACA
FINANCIAL REPORTS
FOR THE PERIOD ENDING
DECEMBER 31, 2014
REPORTS:
BALANCE SHEET
REVENUE & EXPENSE SUMMARY
and CASH & CASH EQUIVALENTS
DETAILED CASH LISTING
FOR FIDUCIARY FUNDS
SUMMARY OF BANK COLLATERAL
TOWN OF ITHACA
rs BALANCE SHEET
FOR THE PERIOD ENDING DECEMBER 31, 2014
GENERAL GENERAL HIGHWAY
WATER
FUND
SEWER
FUND
CAPITAL
DESCRIPTION TOWNWIDE PART-TOWN PART-TOWN PROJECTS
FUND FUND FUND FUNDS
ASSETS
UNRESERVED CASH:
CASH $2,197,392 $640,190 $1,173,173 $1,950,464 $1,978,434 $1,021,966
INVESTMENTS .-..
PETTY CASH 700 -200 .•
TOTAL - UNRESERVED CASH $2,198,092 $640,190 $1,173,373 $1,950,464 S 1,978,434 $1,021,966
RESERVED CASH:
PARKS & OPEN SPACE PLAN $735,544 $.$$$.$
GENERAL PURPOSE BENEFIT 180,391 63,548 99,876 14,220 8,003 .
HIGHWAY EQUIPMENT ..212,109 .
PRESERVE MAINTENANCE 40,036 ._
LAND STEWARDSHIP 10,002 ..
INVESTMENTS ..
FIDUCIARY FUNDS -n .
TOTAL - RESERVED CASH $965,974 $63,548 $311,985 $14,220 $8,003 $-
OTHER ASSETS:
ACCOUNTS RECEIVABLE $.$$$.$$
-^ATER & SEWER RECEIVABLES ...179,339 263,512 .
JE FROM OTHER FUNDS 78,044 87,654 58,512
STATE & FEDERAL AID RECEIVABLE ..•.
DUE FROM OTHER GOVTS 119,537 87,852 344,111 32,646 .
PREPAID EXPENSES 81,893 28,242 31,011 7,569 3,596
TAXES RECEIVABLE - CURRENT .---
TOTAL - OTHER ASSETS $279,474 $203,748 $433,634 $186.908 $299,754 $-
TOTAL ASSETS $3,443.540 $907.486 $1.918.993 $2.151.592 $2.286.191 $1.021.966
UABILiriES and FUND BALANCE
ACCOUNTS PAYABLE $$_$.$$$
ACCRUED LIABILITIES 63,963 51,810 128,670 1,771 80,662 40,325
DUE TO OTHER FUNDS 129,477 .21,781 40,396 32,556
BAN PAYABLE ..
DEFERRED REVENUE
-----•
RESERVED FUND BALANCE 965,974 63,548 311,985 14,220 8,003
UNRESERVED FUND BALANCE 2,284,126 792,128 1,456,556 2,095,205 2,164,970 981,641
TOTAL LIABILITIES & FUND BALANCE $3,443.540 ?907.486 $1.918.993 $2.151.592 ?2.286.191 $1.021.966 1
ESTIMATED FUND BALANCE
FUND BALANCE - 01/01/2014 $2,769,575 $787,884 $1,641,079 $1,633,344 $1,629,389 $617,587
Add: REVENUE 4,868,519 1,253,345 2,817,069 3,789,442 2,713,039 3,102,500
Less: EXPENSE 4,187,994 1,185,283 2,689,607 3,313,361 2,169,456 2,738,446
$ 3.250.100 $ 855.946 $ 1.768.542 $ 2.109.426 $ 2.172.972 $ 981.641
Page 1 of 4
TOWN OF ITHACA
BALANCE SHEET
FOR THE PERIOD ENDING DECEMBER 31, 2014
RISK FIRE LIGHTING DEBT TRUST &INLET
DESCRIPTION RETENTION PROTECTION DISTRICT SERVICE AGENCY VALLEY
FUND FUND FUNDS FUND FUND CEMETERY
ASSETS
UNRESERVED CASH;
CASH
INVESTMENTS
PETTY CASH
TOTAL•UNRESERVED CASH
RESERVED CASH;
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
FUNDS FOR BOND REFUNDING
FIDUCIARY FUNDS
TOTAL n RESERVED CASH
$ 141,875 $ 1,186,651 $
OTHER ASSETS:
ACCOUNTS RECEIVABLE
-CUSTOMER RECEIVABLE
UE FROM OTHER FUNDS
STATE & FEDERAL AID RECEIVABLE
DUE FROM OTHER GOVTS
PREPAID EXPENSES
TAXES RECEIVABLE • CURRENT
TOTAL - OTHER ASSETS $
6,731 $ 507,634 $
$ 141,875 $ 1,186,651 $6,731 $ 507,634 $
937,779
$
ITOTAL ASSETS
$$$
287.757
- $ 937,779 $ 287,757 $
- $
$
9,076
9,076
$ 141.875 $ 1.186.651 $ 6.731 $ 1.445.412 S 287.757 S 9.076
LIABILITIES and FUND BALANCE
ACCOUNTS PAYABLE
ACCRUED LIABILITIES
DUE TO OTHER FUNDS
$ - $
200.000
- $
38
$ . $
287,757
BAN PAYABLE
DEFERRED REVENUE
----
RESERVED FUND BALANCE
UNRESERVED FUND BALANCE 141,875 986,651 6,693
937,779
507,634
9,076
6,731 $ 1.445.412 $ 287.757 S 9.076 I
ESTIMATED FUND BALANCE
FUND BALANCE - 01/01/2014
Add: REVENUE
Less: EXPENSE
>^ND BALANCE • 12/31/2014
122,227 $
25,109
5,460
774,434 $
3,530,623
3,318,407
8,202 $ 425,799 $
12,635 2,012,064
14,143 992,451
- $9,069
6
$ 141.875 $ 986.651 $6.693 $ 1.445.412 $9.075
Page 2 of 4
)TOWNITHACABALANCE SHEET for CAPITAL PROJECTSFOR THE PERIOD ENDING DECEMBER 31, 2014CLOSED CAPITAL PROJECTSACTIVE CAPITAL PROJECTSDESCRIPTIONFUNDH17Salt StorageBuildingFUND H19Forest Home OrImprovementsFUND H20Oanby RoadWater MainFUND H4Hanshaw RoadWalkwayFUND HSPine Tree RoadWalkway/BridgeFUND H8Gateway Trail(Grant Funding)FUND H14Forest Home OrUpstrni BridgeFUNDH1BWhitelail DriveImprovementsFUND H21Sand Bank RdImprovementsFIINDH??winners CircleImprovementsFUND H23Ctirlstopher CriWater TankFUND H24Coddlngton RdWater MainTOTALCAPITALPROJECTSASSETSUNRESERVED CASH;CASHINVESTMENTSTOTAL - UNRESERVED CASHOTHER ASSETS:ACCOUNTS RECEIVABLECUSTOMER RECEIVABLEDUE FROM OTHER FUNDSSTATE/FEDERAL RECEIVABLEDUE FROM OTHER GOVTSPREPMD EXPENSESBAN LOANSTOTAL - OTHER ASSETS• S- s- S 100,526 S 35,096 S 65,633 S 93,045 S 10,155 S 371,215 S 43,928 S 131,479 S 170,888 S 1,021,966• S- sS 100,526 S 35,096 S 65,633 S 93,045 S 10,155 S 371,215 S 43,928 S 131,479 S 170,888 S 1,021,966S -s -s -S -S -S -S -S -S -s- s- s- s- S- $- s- s- s- s• $TOTAL ASSETS• s- s' s 100,526 S 35,096 S 65,633 S 93.045 S 10,155 S 371,215 S 43.928 S 131^79_S__170j888_S__tj021j9e6LIABILlTtES & FUND BALANCEACCOUNTS PAYABLEACCRUED LIABILttTESDUETO OTHER FUNDSRETAINAGEBAN PAYABLERESERVED FUND BALANCEUNRESERVED FUND BALANCE• S- s- s- s- s - s1,269• S100,526 35,096 64,344 93,045- s - $ - s - s - s7,259 1,936 0,227 11,614 30,32510,000 - - . . 10,000155 363,956 41,992 123,253 159,274 981,641[TOTAL LIAB & FUND BALANCEESTIMATED FUND BALANCEFUND BALANCE • 01/01/2014Add; REVENUELess: EXPENSE[FUND BALANCE -12/31/2014- S- S- S 100.526 S 35,096 S 65,633 S 93,045 S 10.155 S 371,215 S 43,928 $ 131.479 S 170,888 S 1.021,966S 143,231 S 127,714 S 22,473 S 100,450 S 35,070 S 81,424 S 102,682 S 4,545 S • S - S n S n S 617,58727 53 76 11 775,521 206,804 878,918 1,240,823 3,102,500^27,798 22,488 - - 17,134 9,713 4,400 411,565 164,812 755,665 1,081,550 2,738,446S- S' ^ • S 100,526 S 35,096 S 64,344_S__93,g45_S^^_ 155 S 363,956 S 41.992 $ 123.253_$__^,274 S 981,641Page 3 of 4
)TOWNITHACABALANCE SHEET for LIGHT DISTRICTSFOR THE PERIOD ENDING DECEMBER 31, 2014FUNDSL-1FUND SL-9FUND SL-3FUND SL-4FUND SL-5FUND SL-6FUND SL-7FUND SL-8FUND SL.9TOTALDESCRIPTIONForestGlensldeRenwickEastwoodClover LaneWinner'sBurleighWesthavenCoddlngtonLIGHTHomeHeightsCommonsCircleDriveRoadRoadDISTRICTSASSETSUNRESERVED CASH:CASHINVESTMENTSTOTAL•UNRESERVED CASHOTHER ASSETS:ACCOUNTS RECEIVABLECUSTOMER RECEIVABLEDUE FROM OTHER FUNDSSTATE & FEDERAL AID RECEIVABLEPREPAID EXPENSESTAXES RECEIVABLE - CURRENTTOTAL - OTHER ASSETS406 $478 $1,134 $ 1,345 $263 $538 $478 S1,337 $- $- $- $752 $6,731S406 S478 $1,134 $1,345 S263 $538 S478 $1,337 $752 $6,731$- S- $- S- $- $- $- $- $- $-ITOTAL ASSETSS406S478S1.134S1.345S263S538S478$1.337S752s6.731 1LIABILITIES and FUND BALANCEACCOUNTS PAYABLEACCRUED LIABILIITESDUE TO OTHER FUNDSDEFERRED REVENUE$38S-s-S-S-$-$-$•$$38RESERVED FUND BALANCE•.._.UNRESERVED FUND BALANCE3684781,1341,3452635384781,3377526,693ITOTAL LIABILITIES & FUND BALANCE4064781.134s1.345S263$538$478S1.3377526.731 IESTIMATED FUND BALANCEFUND BALANCE - 01/01/2014Add: REVENUELess: EXPENSEiFiiNn RAi AMrp . to/'iinniA$4993,4003,532S670651843s1,2419521,059$1,6321,9022,189$299225261$608701771s571801693S1,7212,5022,886$9611,5011,709$8,20212,63514,1436.693Page 4 of 4
TOWN OF ITHACA
REVENUE and EXPENSE SUMMARY
FOR THE PERIOD ENDING DECEMBER 31, 2014
DESCRIPTION
GENERAL
TOWNWIDE
FUND
GENERAL
PART-TOWN
FUND
HIGHWAY
PART-TOWN
FUND
WATER
FUND
SEWER
FUND
CAPITAL
PROJECTS
FUNDS
REVENUE
BUDGETED REVENUE
ACTUAL & ACCRUED
$ 4,441,800
4,668,519
$ 1,328,350
1,253,345
$ 2,536,500 $
2,817,069
3,811,924 S
3,789,442
2,309,669
2,713,039
$ 3,000,000
3,102,500
REVENUE OVER (UNDER)$ 226.719 $ (75,005)S 280,569 S (22,482) S 403,370 $ 102,500 1
% OF BUDGET EARNED 105.1%94.4%111.1%99.4%117.5%103.4%
EXPENSE
BUDGETED EXPENSE
ACTUAL & ACCRUED
$ 4,884,003
4,187,994
S 1,608,475
1,185,283
S 2,706,471 $
2,689,607
3,394,650 $
3,313,361
2,742,370
2,169,456
$ 3,293,607
S 2,738,446
$lEXPENSE OVER (UNDER) (696.009) $ (423,192) $ (16.864) $ (81.289) $ 1572.914) $ (555.161)
% OF BUDGET EXPENDED 85.7%73.7%99.4%97.6%79.1%83.1%
^ ESTIMATED FUND BALANCE
.-UND BALANCE-01/01/2014 $ 2,769,575 S 787,884 $ 1,641,079 $ 1,633,344 $ 1,629,389 $
Actual & Accrued
Add: REVENUE
Less: EXPENSE
I FUND BALANCE - 12/31/2014
4,668,519
4,187,994
1,253,345
1,185,283
2,817,069
2,689,607
3,789,442
3,313,361
2,713,039 S
$ 3,250.100 $ 855
617,587
3,102,500
2,169,456 $ 2,738,446
,946 $ 1,768,542 $ 2,109,426 $ 2,172,972 $ 981.641
CASH and
CASH EQUIVALENTS
UNRESERVED CASH
CASH (CHECKING/SAVINGS)
CASH-SJC OPERATING
INVESTMENTS
PETTY CASH
TOTAL - UNRESERVED CASH
RESERVED CASH
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
INVESTMENTS
FIDUCIARY FUNDS
TOTAL • RESERVED CASH
$2,197,392
700
S 640,190 $1,173,173
200
$1,950,464 S 1,673,127
305,307
$1,021,966
$2,198,092 $640,190 $1,173,373 $1,950,464 S 1,978.434 $1,021,966
s 735,544 $$.$S $
180,391 63,548 99,876 14,220 8,003
--212,109
40,036 n .
10,002
--
n
$965,974 s 63,548 $311,985 s 14,220 $8,003 s -
OTAL CASH -12/31/2014 S 3.164.066 S 703.738 $ 1.485.359 $ 1.964.684 S 1.986.437 S 1.021.966
Page 1 of 4
TOWN OF ITHACA
REVENUE and EXPENSE SUMMARY
FOR THE PERIOD ENDING DECEMBER 31, 2014
DESCRIPTION
RISK FIRE LIGHTING DEBT TRUST &INLET
RETENTION PROTECTION DISTRICT SERVICE AGENCY VALLEY
FUND FUND FUNDS FUND FUND CEMETERY
REVENUE
BUDGETED REVENUE S 25,000 $3,535,000 $12,625 S 1,073,979 $$
ACTUAL & ACCRUED 25,109 3,530,623 12,635 2,012,064 •6
REVENUE OVER fUNDER)$109 $(4,377)s 10 s 938.085 S S 6
% OF BUDGET EARNED 100.4%99.9%100.1%187.3%0.0%
EXPENSE
BUDGETED EXPENSE $15,500 $3,435,000 $14,020 $994,700 $$1,500
ACTUALS ACCRUED 5,460 3,318,407 14,143 992,451 -
EXPENSE OVER /UNDER)$110,040) S (116,593)5 123 $(2,249) S $(1.500)
% OF BUDGET EXPENDED 35.2%96.6%100.9%99.8%0.0%
ESTIMATED FUND BALANCE
UNO BALANCE - 01/01/2014
Actual & Accrued
Add: REVENUE
Less: EXPENSE
122,227 S 774,434 S
25,109
5,460
3,530,623
3,318,407
8,202 $ 425,799 S
12,635
14,143
2,012,064
992,451
^UND BALANCE -12/31/2014 $ 141,875 $986,651 $6,693 $ 1,445,412 $
- $
- $
9,069
9,075 I
CASH and
CASH EQUIVALENTS
UNRESERVED CASH
CASH (CHECKING/SAVINGS)
CASH • SJC OPERATING
INVESTMENTS
PETTY CASH
TOTAL - UNRESERVED CASH
RESERVED CASH
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
FUNDS FOR BOND REFUNDING
FIDUCIARY FUNDS
TOTAL - RESERVED CASH
$ 141,875 $ 1,186,651 $
S 141,875 $ 1,186,651 $
- $
'OTAL CASH . 12/31/2014
6,731 S 507,634 $
6,731 $ 507,634 $
- $
937,779
- $
- $
- $
287,757
- S 937,779 $ 287,757 $
$ 141,875 S 1,186.651 $ 6,731 S 1.445.412 S 287.757 S
9,076
9,076
9J)76
Page 2 of 4
TOWN)ITHACAREVENUE and EXPENSE SUMMARY for CAPITAL PROJECTSFOR THE PERIOD ENDING DECEMBER 31, 2014CLOSED CAPITAL PRC)JECTSACTIVE CAPITAL PHOJECTTSDESCRIPTIONFUND H17Salt StorageBulldinqFUND HISForest Home DrImprovementsFUND H20Danby RoadWater MainFUND H4Hanshaw RoadWalkwayFUND HSPirteTree RoadWallovav/BridaeFUND HAGateway Trail(Grant FundinolFUND H14Forest Home DrUpstrm BridgeFUND HlflWhitetail DriveImprovementsFUND H21Sand Bank RdImprovementsFUND H22Winners CircleImprovementsFUND H23Christopher CrIWater TankFUND H74Coddington RdWater MainTOTALCAPITALPROJECTSREVENUEBUDGETED REVENUEACTUAL & ACCRUEDIREWENUE OVER (UNDER^% OF BUDGET EARNED- S91841576• S27- S53769184 S15 $76 S27 S- $ 750,000 S 200,000 $ 850,000 S 1,200,000 $ 3,000,00011 775,521 206,804 878,918 1,240,823 3,102,50053 $76 S11 S25.521 $0.0%0.0%0.0%0.0%0.0%0.0%_6,804 S 28.918 $ 40.823 $ 102.5000.0%0.0%103.4%103.47o103.4%103.4%103.4%EXPENSEBUDGETED EXPENSEACTUAL & ACCRUED[EXPENSE OVER (UNDER)% OF BUDGET EXPENDED143,322 S143,322127,798 5127,79822,488 $22,488- $- s100.0%100.07o100.07o0.07o- s• s- s - s - s - $ 750,000 s 200,000 S 850,000 S 1,200,000 S 3,293,607J 17,134 9,713 4,400 411,565 164,812 755,665 1,081,550 2,738,446- S 17.134 $ 9,713 g 4.400 S (338,435) S (35.1881 S <94.335) $ (118.4501 $ (5S5.16Hl0.0%0.0%0.0%,0.0%54.9%82.4%88.9%90.1%83.1%ESTIMATED FUND BALANCEFUND BALANCE n 01/01/2014Actual & Accruedadd: revenueLess: EXPENSEIfUND balance -12/31/2014$ 143,231 $ 127,714 $91143,32284127,79822,473 S 100,450 $1522,488- $- $7635,070 $2761,424 $ 102,682 $5317,134769,7134,545 $114,400S 100,526 S 35.096 S 64,344 S 93.045 S775,521411,565155206,804164,812878,918755,665- $ 617,5871,240,8231,081,5503,102,5002,738,446S 363.956 $ 41,992 $ 123,253 S 159,274 $ 981.641CASH andCASH EQUIVALENTSCASH (CHECKING/SAVINGS)INVESTMENTS[TOTAL CASH -12/31^014- $- S- $ 100,526 $ 35,096 $ 65,633 S 93,045 S 10,155 S 371,215 $ 43,928 S 131,479 S 170,888 $ 1,021,966n S 100,526 $ 35,g96__$ 65,633 $ 93,04S_S_^^155 $ 371,215 S 43.928 S 131,479 S 170.888 $ 1.021,966Page 3 of 4
TOWNITHACAREVENUE and EXPENSE SUMMARY for LIGHT DISTRICTSFOR THE PERIOD ENDING DECEMBER 31, 2014FUND SL.1FUND SL-2FUNDSL-3FUNDSL-4FUND SL-SFUNDSL-6FUND SL-7FUND SL-8FUND SL-9TOTALDESCRIPTIONForestGlensideRenwtckEastwoodClover LaneWinner'sBurleighWesthavenCoddingtonLiGHTHomeHeiqhtsCommonsCircleDriveRoadDISTRICTSREVENUEBUDGETED REVENUE$ 3,400$ 650S 950S 1,900$ 225S 700S 800$ 2,500$ 1,500S 12,625ACTUAL & ACCRUED3,4006519521,9022257018012,5021,50112,635REVENUE OVER fUNDERI5 0S 1$ 1S 2S 0S 1S 1S 2S 1S 10 1% OF BUDGET EARNED100.0%100.1%100.2%100.1%100.2%100.1%100.1%100.1%100.1%100.1%EXPENSEBUDGETED EXPENSES 3,400S 750S 1,100S 2,200S 270$ 800S 900$ 2,900S 1,700$ 14,020ACTUAL & ACCRUED3,5328431,0592,1892617718932,8861,70914,143EXPENSE OVER /UNDER)S 132$ 93$ /41) S Ml)$ /9) S /29) S <7\ S M4) .H Q$ 123 1% OF BUDGET EXPENDED103.9%112.4%96.2%99.5%96.8%96.4%99.2%99.5%100.6%100.9%ESTIMATED FUND BALANCEFUND BALANCE n 01/01/2014ACTUAL & ACCRUEDadd: revenueless: expense499 $3,4003,532670 $ 1,241 $ 1,632 S6518439521,0591,9022,189299 $225261608 S701771571 $ 1,721 $8018932,5022,886961 $ 8,2021,5011,709[FUND BALANCE-12/31/2014 $ 368 S 478 S 1.134 $ 1.345 S 263 S 538 S 478 S 1.337 S 752 S12,63514,1436.693 ICASH andCASH EQUIVALENTSCASH (CHECKING/SAVINGS)INVESTMENTS(TOTAL CASH -12/31/2014406 $ 478 $ 1,134 $ 1,345 $263 $538 $ 478 S 1,337 $ 752 $ 6,731406 S 478 S 1.134 S 1.345 S 263 S 538 S 478 S 1.337 S752Page 4 of 4
TOWN OF ITHACA
DETAILED CASH LISTING - FIDUCIARY FUNDS
FOR THE PERIOD ENDING DECEMBER 31, 2014
DESCRIPTION
TRUST & AGENCY FUND
TA200C DISBURSEMENTS CHECKING
TA200P PAYROLL CHECKING
TA202 ON-LINE COLLECTIONS
TA205 NEXTEL SITE LEASE DEPOSIT
TA206 ITHACA TOWERS OPTION ESCROW
TA207 WIRELESS ONE
TA209 EMPLOYEE FLEXIBLE SPENDING
TA210 STORMWATER COALITION
TA211 VERIZON WIRELESS ESCROW
TA212 CAYUGA LAKE WATERSHED INTERMUNICIPAL ORG
TOTAL CASH: TRUST & AGENCY FUND
AMOUNT
176,918.57
680.92
4,502.58
11,845.87
4,594.23
11,858.58
54,772.04
271.35
22.312.84
$ 287,756.98
INLET VALLEY CEMETERY FUND
TE202 INLET VALLEY CEMETERY - EXPENDABLE TRUST
TOTAL CASH: FIDUCIARY FUNDS
$ 9,075.82
$ 296.832.80
TOWN OF ITHACA
^ SUMMARY OF BANK COLLATERAL
FOR THE PERIOD ENDING DECEMBER 31, 2014
TOMPKINS TRUST COMPANY:
CASH & CASH EQUIVALENTS $13,403,752
INVESTMENTS
TOTAL CASH ON DEPOSIT $13,403,752
LESS: FDIC INSURANCE $250,000
LESS: FMV OF COLLATERAL ON DEPOSIT @ 12/31/2014
U.S. GOVERNMENT AGENCY OBLIGATIONS $14,939,450
OVER (UNDER) COLLATERALIZED $1,785,698
CASH ASSETS COLLATERALIZED @ FMV 12/31/2014 114%
Collateral Is held by the Bank of New York, pledged for the Town of Ithaca, New York, for
all deposits and/or repurchase agreements of Tompklns Trust Company.
NOTE;
For deposits In excess of FDIC coverage, General Municipal Law, section 10 requires that
the excess amounts are to be secured by eligible collateral.