Finance committee approves $645,087.35 in scheduled bills, fee changes, police vehicle sale, 650 Montgomery escrow and authorizes ISG contract negotiations

At the April 17, 2025 Narberth Borough Finance & Administration Committee meeting, members voted to approve a set of municipal actions including scheduled bills, a land‑development letter of credit closure, the sale of an obsolete police vehicle, an update to the borough fee schedule and an authorization to negotiate a new energy supply contract.

Votes at a glance

- Scheduled bills: Committee recommended approval of scheduled bills for General, Sewer, Solid Waste, Capital, Highway and Green Fund accounts totaling $645,087.35; motion approved by voice vote (tally not recorded in the transcript).

- 650 Montgomery Ave (land development) — closure of letter of credit: Committee recommended closing the original letter of credit that expires April 27 and accepting a cash escrow of $3,250 to cover remaining punch‑list items; motion approved by voice vote. Staff said most items are minor grading, site stabilization and landscaping and that the cash escrow will remain until final items are completed and accepted by the borough’s inspector.

- Resolution 2025‑09 (sale of police vehicle): The committee recommended the borough sell an out‑of‑service Crown Victoria stripped of police electronics; motion to…