1983-03-07-TE-Warrant-and-1983-04-04-ATM-Warrant

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i DESCRIPTION: Proposition 21 restricts the annual increase in the tax levy to 21% of the levy for the prior fiscal year. Currently the Town is levying $27.1 million and is restricted to an increase of $677,000. This article would authorize the Selectmen to petition for legislation to have the Town's levy limit go to $31.7 million, which is 21% of the $1.267 billion full and fair cash value of the Town's property. The actual appropriation level would continue to be set by Town Meeting vote. ARTICLE 8 AUTHORIZE SPECIAL LEGISLATION TO AMEND SELECTMEN-TOWN MANAGER ACT To see if the Town will vote to authorize the Selectmen to petition the General Court for an act to amend Chapter 753 of the Acts of 1968, as amended, the Selectmen-Town Manager Act, and vote to amend the General By-Laws of the Town of Lexington in connection therewith, all in accordance with the report and recommendations of the Selectmen as filed with the Town Clerk; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) DESCRIPTION: In May 1982 the Board of Selectmen appointed and charged a 7-member committee to review the Selectmen-Town Manager Act and recommend appropriate changes and/or revisions. The Committee's recommendations were still under review by the Board at press time. Action by Town Meeting would be required to petition the General Court for an Act to implement any or all of the proposed changes to the Act, and to approve changes in the General By-Laws. ARTICLE 9 AUTHORIZE SPECIAL LEGISLATION CREATE HOUSING ASSISTANCE BOARD To see if the Town will vote to authorize the Selectmen to petition the General Court for an act to establish a non-profit housing corporation to provide affordable housing in the Town and to accept funds from the sale of Muzzey Junior High School and any other available funds for such purpose; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) DESCRIPTION: This article would create a board, to be appointed by the Board of Selectmen, to acquire and manage non-profit housing for low and moderate income residents. The development of Muzzey School proposed at the Special Town Meeting and the Bedford Street property offered in Article 15 are two examples of areas where this board might be utilized.