1929-04-08-ATM-MIN - Laserfiche WebLink

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282 Art . 28 . On motion of Mr . 'William H . Ballard P Article 28 was ta' ren up . Under t'- is article Mr . Bal ' r'' offereda written motion providing; for nurchane of lanA from Stuat- Marsall Realty Comnany . Yr . Ballard explained th ^ t some ti -re auo the Stuart -,Marshall Realty Company applied to the Building Inspector to alter the Central Blocks so - called . l t vas felt then that it wn s a good opnortunf ty to secure a new and up - to - date building on this lot and to acquire 25 feet of land so that Massachusetts Avenue could be widened . The owners of the buil' ing wer willing to enter into negotiations provided. a reasonable figure was received for the land ts'rer . lie stated that the Lexi. rrton Trust Company intend to erect a building on the opposite side of the street where the Tavern now stands and to set the building back from the street . 7r . Ballard stated that he hada motion ready to offer in regard to the Center Engine House under t ' is ^ rticle , but he of {'ered the motion that this part of the vote be laid on the table until ? fter the rifle derartment matters are di " osed or , and if. was so voted . questions were asked b: "r . George E . Briggs and lir . Fred P . Moulton in regard to the land value and assessed value of t'- e property* . Mr . Ballard supplied the inrormation . 1 r . Elwyn G . Preston states that he was stronf_ ly in favor of this nropositinn in ^ smuch as t.'he Town would get rid of t' e fire menace , andhove an oppor- tunity for street widenir g . He stated that Lexington faces a mo 'fle di nricult rroblem than most towns inasmuch as changes can only be made when occasion arises and he felt that this was an opportunity for immediate change . he confirmed the statement of Mr . Ballard that the Lexington Trust Company wil ' 'mild a new building andset it rack from the , street . He also enumerated changes that have been made in the town in the p ^ st that have greatly im- proved the appearance or the town . Mr . Custance stated that with this project of widening in front of the Central Block completed , there would be only two owners to make negotiations with to set their buil' inc:s backs , ^ nd one or the - uners is ready int any time to negotiate to move the buil ^ ing ba cis . The following motions of. f'ered by Mr . Ballard were gassed by 412 voting in the a .ffirmntive and 2 in the negative . r� VCT : That the Board of Select -len be and they hereby r »e 9 ' , thorized an '' directed to execute in the name of and on hehn l f of t ' e To'r' n a 30- day ' greement to r inc' asci " or street and sidewalk n' rnoses only From fre Stuart-Marshall Realty Company about three thousand four hundred and sixty square feet of land , more or less , comrrising the entire frontage on Massachusetts Avenue a depth of 25 feet of tme property 'mown as t ' e Central Block , for the sum of • 30 , 000 , payable one /half on the passing of title to tie pronerty to the Town and the remaining one/half in or within two years from that date , but said final payment to be made only after removal , except for foundations , of all of the building now on the property to be conveye -1 and meter ninety days ' written notice to the Town from the said Stuart- Marshall Realty Company or such removal , the said Stuart -Marsha ll Realty Company to have the right to maintain and use the building on the said rronerty without payment of rent to tine Town until the expiration of the said ninety days ' notice , but in any event not more than two years from such first payment , and the said Stuart -Marshall Realty