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Back to Providence Finance Committee

Providence Committee on Finance-Tuesday, October 1, 2024-5:30 PM

Call to Order

18:31 - 19:48

Associate Chairwoman Stephanie Anthony calls the regular Committee on Finance meeting to order. The committee members and staff in attendance are introduced.

City Plan Commission Appointment - McKenna

19:48 - 31:42

The committee interviews nominee Ms. McKenna regarding her qualifications and vision for serving on the City Plan Commission. Following questions on neighborhood development and community engagement, the committee votes to recommend her appointment for approval.

Tax Stabilization Agreements Overview

31:42 - 37:34

City policy staff provide an overview of the Tax Stabilization Agreement (TSA) working group's monitoring process and noncompliance procedures. Committee members discuss the conditions under which TSAs are reviewed, repealed, or canceled.

Item 1 - Tax Stabilization Agreement Cancellation (Aspen Group Project)

37:34 - 40:02

The committee considers canceling a TSA previously held by Aspen Group following the property's sale to Marathon for affordable housing development. The motion to approve the cancellation passes by voice vote.

Item 2 - Ordinance Repealing Tax Stabilization Plan for 68 Doran Street

40:02 - 42:06

The committee reviews a request from the developer of 68 Doran Street to repeal their TSA due to qualifying under an alternative state tax statute. The committee approves the repeal ordinance.

Item 3 - Resolution Canceling Tax Stabilization Agreement for 156 Westminster Street

42:06 - 45:04

Staff explains that the developer of 156 Westminster Street failed to begin construction within the required 12-month timeframe due to pandemic-related cost increases. The committee reviews the resolution to cancel the stabilization agreement.

Item 4 - Resolution Canceling Tax Stabilization Agreement for Unpaid Taxes

45:04 - 48:14

The committee discusses a TSA cancellation for a property owner who defaulted on a payment plan for overdue property taxes and administrative fees. Committee members review the property's tax status and delinquency history.

Item 5 - Disability Waiver Request for William DiOrio

48:14 - 59:58

Counsel presents a petition for a disability waiver on behalf of William DiOrio to permit the retirement board to consider his late disability application. The committee amends the ordinance section reference and discusses the city's notification procedures.

Item 6 - Ordinance Amendment on Department of Public Property and Competitive Bidding

59:58 - 01:01:14

The committee reviews a proposed ordinance amendment regarding city charter competitive bidding provisions. Members note that the change would require a charter amendment rather than an ordinance change.

Item 8 - Resolution Regarding School Crossing Guards at Private Schools

01:01:14 - 01:01:50

The clerk reads a resolution requesting the school department to prioritize public schools before staffing private schools with crossing guards. Staff provides context on the sponsor's position and changes that have occurred since introduction.