2010-11-15-STM-min - Laserfiche WebLink

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November 15,2010 Special Town Meeting,cont.......... 9:36 p.m. Presented by Selectman Norman Cohen. ARTICLE 4: APPROPRIATE TO THE STABILIZATION FUND MOTION: That$710,000 be appropriated to the Stabilization Fund for any lawful Purpose in accordance with MGL Chapter40 Section5B and that to meet this appropriation $710,000 be funded from the tax levy. 9:36 p.m. Selectman Norman Cohen reported the unanimous support of the Board of Selectman. Glenn Parker,pr.9,reported unanimous support of the Appropriation Committee. David Kanter, pr.7,reported unanimous support of the Capital Expenditures Committee. 9:37 p.m. Moderator declared Motion Unanimously Adopted,more than the required two-thirds. 9:38 p.m. Presented by Wendy Manz,pr.9,Chair,Community Preservation Committee. ARTICLE 5:APPROPRIATE SUPPLEMENTAL FUNDS FOR CPA PROJECTS MOTION: a) That in addition to the$4,197,000 previously appropriated under Article 6 of the 2009 Special Town Meeting held on May 6, 2009, $24,000 be appropriated for unanticipated legal and other costs associated with the acquisition of the Busa property, so called: and,that to meet this appropriation$24,000 be transferred from Undesignated Fund Balance of the Community Preservation Fund, and b) That in addition to the$3,857,000 previously appropriated under Article 9 of the 2010 Annual Town Meeting, $49,000 be appropriated for unanticipated legal and other costs associated with the acquisition of the Cotton Farm property, so called; and,that to meet this appropriation$49,000 be transferred from Undesignated Fund Balance of the Community Preservation Fund. 9:38 p.m. Article 5,Part'a': Ms.Manz explained needs for requested funding and reported the unanimous support of the Community Preservation Committee. Selectman George Burnell reported the unanimous support of the Board of Selectmen. Eric Michelson,pr.1,reported the unanimous support of the Appropriation Committee(7-0). David Kanter,pr.7,reported the unanimous support of the Capital Expenditures Committee. 9:39 p.m. Motion under Article 5,Part'a'declared Unanimously Adopted. 9:40 p.m. Article 5,Part`b': Ms.Manz explained needs for requested funding and reported the unanimous support of the Community Preservation Committee. Selectman George Burnell reported the support of the Board of Selectmen on a vote of 4 in favor and 1 opposed. Eric Michelson,pr.1,reported the unanimous support(7-0)of the Appropriation Committee. David Kanter,pr.7,reported the unanimous support of the Capital Expenditures Committee. Town Manager Carl Valente reported recent grant approval received for this purchase and responded to questions regarding the use of funds for the land purchase and funding options should this request not be approved. Motion under Article 5,Part`b' declared Adopted. 9:48 p.m. Selectman Hank Manz moved the November 15,2010 Special Town Meeting be dissolved. Motion Unanimously Adopted. A true copy. Attest: Donna M.Hooper,Town Clerk