1997-03-24 to1997-04-16-ATM-min - Laserfiche WebLink

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313 Adjourned Town Meeting-April 7, 1997 cont... is 9:29 p.m. Nancy Adler,Pr.1,asked for consideration for those persons currently inconvenienced by the closure of the Maple Street railroad bridge when resurfacing parts of Lowell Street and Massachusetts Avenue. 9:30 p.m. Douglas Boyer, Pr.5,commented on the recently resurfaced Peachtree Road pavement deterioration and questioned continued use of the 7-step process for resurfacing. Peter Chalpin replied that the 7-step process has been found to be superior to other processes used prior to 1985 and will continue to be used. 9:31 p.m. Joel Adler,Pr.1, suggested the Department of Public Works pursue resolution of what he views as inferior roadways constructed by subdivision developers and roadway patches by utility companies. 9:32 p.m. Motion unanimously adopted by voice vote. 9:32 p.m. Karen Dooks, Capital Expenditures Committee, served notice of reconsideration on Article i I. ARTICLE 12: AUTOMATED WATER METER READING SYSTEM 9:33 p.m. Presented by Selectman Dan H. Fenn,Jr. MOTION: That the sum of$550,000 be appropriated for the purchase by or with the approval of the Selectmen of an automated water meter reading system for the Department of Public Works and that to meet this appropriation the Treasurer with the approval of the Selectmen is authorized to borrow $550,000 under G.L. c44,§8(7A);and that the Treasurer with the approval of the Selectmen is authorized to borrow all or a portion of such amount from the Massachusetts Water Resources Authority("MWRA") and in connection therewith to enter into a loan agreement and/or security agreement with the MWRA with respect to such loan. 9:33 Mr. Fenn explained that this article funded year three of a previously ten year program of replacement, now expedited to five years. This will allow Lexington to take advantage of a$137,500 state grant and $412,000 interest free loan from the MWRA. The advent of fiber optics will open up opportunities for the Town and central reading of utilities. The Board of Selectmen unanimously recommends approval. 9:36 p.m. William Kennedy, Capital Expenditures Committee, stated the Committee recommends approval. 9:37 p.m. Stephen Coit, Appropriation Committee, stated unanimous support of the Committee. 9:39 p.m. Nyles Barnert,Pr.4,questioned if the Town would.contract out for meter installation and if competition was expected. George Woodbury, DPW Director, replied in the affirmative. 9:39 p.m. Ephraim Weiss, Pr.5, questioned the actual cost of the program and payback period. George Woodbury responded that actual cost of the total program was less than one million dollars and payback would be less than five years. 9:42 p.m. Dawn McKenna, Pr.9, expressed her disapproval of the Town potentially monitoring homeowner use of personal utilities and her opposition to the Article.