Wednesday, September 17, 2008 3:00 AM EDT
By Mercury Staff Report
POTTSTOWN — Borough Council Monday night hired a Reading consulting firm to handle the work performed by Robert Armelin, the former finance director who resigned last month.Financial Solutions was chosen on the recommendation of council's Finance Committee, which selected the firm from among three that had expressed interest in the post.Council Vice President Greg Berry, who chairs the finance committee, said the firm was the best choice because it does not charge by the hour, but charges a flat fee.The firm will charge Pottstown taxpayers $8,000 per month for budget and general finances services and $10,000 a month for financial advisory services.
The firm also has experience in the state's Early Intervention Program, a financial audit and recommendation service the borough recently entered, Berry said."They have significant experience on both sides, both as consultants for municipalities like Lancaster, Reading and Muhlenberg, as well as for the Commonwealth," he said.The vote to appoint the firm was unanimous.The council also took unanimous action on a another matter made necessary by Armelin's resignation. Assistant Borough Manager Jason Bobst was appointed Pottstown's treasurer, a post Armelin formerly held.
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