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April 9, 2018 Adjourned Session of 2018 Annual Town Meeting, cont...
<br /> to enter into a loan agreement and/or security agreement. Any premium received by the Town
<br /> upon the sale of any bonds or notes approved by this vote, less any such premium applied to the
<br /> payment of the costs of issuance of such bonds or notes, may be applied to the payment of costs
<br /> approved by this vote in accordance with Chapter 44, Section 20 of the General Laws, thereby
<br /> reducing the amount authorized to be borrowed to pay such costs by a like amount.
<br /> ARTICLE 18:APPROPRIATE FOR WASTEWATER SYSTEM IMPROVEMENTS
<br /> MOTION: That: (a)the Selectmen are hereby authorized to install sanitary sewer mains and sewerage
<br /> systems and replacements thereof, and all incidental costs related thereto in such accepted or
<br /> unaccepted streets or other land as the Selectmen may determine, subject to the assessment of
<br /> betterments or otherwise, in accordance with Chapter 504 of the Acts of 1897, as amended, or
<br /> otherwise, and to take by eminent domain,purchase or otherwise acquire any fee, easement or
<br /> other interest in land necessary therefor; to appropriate for such installation and land acquisition
<br /> the sum of$1,000,000, and to raise such amount the Treasurer, with the approval of the Board
<br /> of Selectmen, is authorized to borrow $1,000,000 under M.GL. Chapter 44, Section 7 or any
<br /> other enabling authority; and that(b) $800,000 be appropriated for pump station upgrades and
<br /> all incidental costs related thereto, and to raise such amount the Treasurer, with the approval of
<br /> the Board of Selectmen, is authorized to borrow $800,000 under M.G.L. Chapter 44, Section 7
<br /> or any other enabling authority. Any premium received by the Town upon the sale of any bonds
<br /> or notes approved by this vote, less any such premium applied to the payment of the costs of
<br /> issuance of such bonds or notes, may be applied to the payment of costs approved by this vote
<br /> in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount
<br /> authorized to be borrowed to pay such costs by a like amount.
<br /> ARTICLE 20:APPROPRIATE FOR PUBLIC FACILITIES CAPITAL PROJECTS
<br /> MOTION: That the following amounts be appropriated for the following capital improvements to
<br /> public facilities and that each amount be raised as indicated:
<br /> b) Public Facilities Bid Documents—$100,00 for professional services to produce
<br /> design development, construction documents, and bid administration services for
<br /> capital projects, and that to meet this appropriation $100,000 be appropriated from
<br /> the General Fund unreserved fund balance;
<br /> c) Facility and Site Improvements - $361,890 for building flooring programs, and
<br /> school paving program, and that to meet this appropriation $361,890 be
<br /> appropriated from the General Fund unreserved fund balance;
<br /> e) Municipal Building Envelopes and Systems - $198,893 to fund extraordinary
<br /> repairs to municipal buildings and systems, and that to meet this appropriation
<br /> $198,893 be raised in the tax levy;
<br /> g) School Building Envelopes and Systems - $227,755 to perform extraordinary
<br /> repairs and modifications to school buildings and systems, and that to meet this
<br /> appropriation $227,755 be appropriated from the General Fund unreserved fund
<br /> balance;
<br /> i) Public Facilities Mechanical/Electrical System Replacements - $544,500 for
<br /> replacement of HVAC and electrical systems, and that to meet this appropriation
<br /> the Treasurer, with the approval of the Board of Selectmen is authorized to borrow
<br /> $544,500 under M.G.L. Chapter 44, Section 7, or any other enabling authority.
<br /> Any premium received by the Town upon the sale of any bonds or notes approved
<br /> by this vote, less any such premium applied to the payment of the costs of issuance
<br /> of such bonds or notes, may be applied to the payment of costs approved by this
<br /> vote in accordance with Chapter 44, Section 20 of the General Laws, thereby
<br /> reducing the amount authorized to be borrowed to pay such costs by a like amount.
<br /> ARTICLE 27:APPROPRIATE TO GENERAL STABILIZATION FUND
<br /> MOTION: That this article be indefinitely postponed.
<br /> ARTICLE 28:APPROPRIATE FROM DEBT SERVICE STABILIZATION FUND
<br /> MOTION: That$124,057 be appropriated from the Debt Service Stabilization Fund to offset the FY2019
<br /> debt service of the bond dated February 1, 2003 issued for funding additions and renovations to
<br /> the Lexington High School, Clarke Middle School and Diamond Middle School as refunded
<br /> with bonds dated December 8, 2011.
<br /> 9:36 p.m. David Pinsonneault, Director of DPW, responded to questions regarding Article 16(g),
<br /> Sidewalk Improvements, from Raul Marques-Pascual, Pct. 7, and Wendy Reasenberg, Pct. 8.
<br /> 9:39 p.m. With no further questions on the Consent Agenda, the Moderator called for a vote.
<br /> 9:39 p.m. Following electronic vote tallying, the Moderator declared the Consent Agenda
<br /> Adopted by the necessary two-thirds on a vote o£
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