1998-11-09-STM-min - Laserfiche WebLink

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SPECIAL TOWN MEETING — NOVEMBER 9, 1998 cont. 9:06 p.m. Selectman Chairman Peter Enrich explained that Mr. Schroeder's interpretation of the amount added to the tax levy is the net amount after reimbursement received from the State. 9:09 P.M. Town Counsel Norman Cohen explained there was no choice, Mr. Enrich is 100% correct. 9:10 P.M. Donald Jenkins, pr.8, requested Ms. Peltz to clarify savings from prior year's proposal, and that the $6,000,000 savings was the gross savings. 9:11 P.M. Ms. Peltz explained that the $6,000,000 is the gross savings this year from last year's proposal. 9:11 P.M. Mr. Jenkins further questioned the issue and if the $6,000,000 is the estimated savings from the same three schools. Ms. Peltz explained the $6,000,000 is a reduction in construction costs between the two proposals, with 4 schools included in the 1997 proposal and 3 schools in this proposal. 9:12 p.m. Mr. Jenkins questioned a $2,400,000 net savings from last year. 9:12 p.m. Selectman Chairman Peter Enrich further explained the gross and net costs for the 1997 and 1998 proposals, with the gross construction cost of the 3 schools reduced by $6,000,000 and the net cost of the total project also reduced by $6,000,000. 9:14 p.m. Mr. Jenkins questioned net cost for the same 3 schools in 1997 & 1998. 9:15 p.m. Mr. Enrich clarified that the difference in construction cost is one element of the project and further explained total project costs. 9:16 p.m. Steve Coit, Appropriation Committee, further provided cost comparisons between the two proposals. 9:17 p.m. Don Jenkins, pr. 8, explained that the discussion just had indicates much clarification is needed on this project and requested an additional clarification on estimated increases to operating costs after completion of the project. 9:19 P.M. John Moynihan, Lexington Public Schools, explained they had previously calculated in 1997 the costs and that he would be happy to provide the information to Mr. Jenkins. 9:20 p.m. David Kanter, pr.7, spoke in support of the motion and questioned if the decision this evening formally bound financing schemes. 9:22 p.m. Mr. Geza Szonyi, 177 Cedar Street, questioned Ms. Peltz on 10 year forecasts for student populations. 9:23 p.m. The Moderator declared that the question was now before the meeting and that a roll call vote was in order.