2019-11-12-STM-min - Laserfiche WebLink

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November 12,2019 Special Town Meeting#1(2019-1),cont... b) That$280,000 be appropriated to the Traffic Mitigation Stabilization Fund,and that to meet this appropriation,$280,000 be transferred from the Traffic Mitigation Special Revenue Fund;and c) That$332,249.33 be appropriated to the Transportation Demand Management Stabilization fund,and that to meet this appropriation$332,249.33 be transferred from the Transportation Demand Management Special Revenue Fund. 9:01 P.M. Mr.Pato explained the elements of the motion,and reported the unanimous support of the Board of Selectmen. 9:03 p.m. Alan Levine,member,Appropriation Committee,reported the unanimous support of the Committee,and noted the correction of numerical inaccuracy in their vote. 9:04 p.m. Charles Lamb,Chair,Capital Expenditures Committee,reported the unanimous support of the Committee for(a)and(b),with no position on(c). 9:04 p.m. Mr.Pato declined summary comments.The Deputy Moderator called for the vote. 9:04 p.m. Following electronic vote tallying,the Deputy Town Moderator declared Article 3 Adopted on a vote of: Yes No Abstain 150 0 2 9:06 p.m. Mr.Pato moved to take up Article 8. 9:06 p.m. Presented by Joseph Pato,member,Board of Selectmen. ARTICLE 8:APPROPRIATE FUNDING FOR 25%DESIGN OF THE ROUTE 4/225 BEDFORD STREET-HARTWELL AVENUE-WOOD STREET TRANSPORTATION IMPROVEMENT PROJECT MOTION: That$1,500,000 be appropriated for design,engineering and architectural services for 25%design,for the Route 4/225 Bedford St-Hartwell Avenue-Wood Street Transportation improvement plan,and that to meet this appropriation$250,000 be appropriated from the Transportation Management Overlay District Stabilization Fund and that the Treasurer,with the approval of the Board of Selectmen,be authorized to borrow$1,250,000 under M.G.L.Chapter 44,Section 7,or any other enabling authority,provided that no sums shall be borrowed or expended pursuant to this vote unless the Town shall have voted to exclude the amounts needed to repay any borrowing pursuant to this vote from the limitations on the property tax levy imposed by M.G.L. Chapter 59,Section 21 C(otherwise known as Proposition 2%2).Any premium received by the Town upon the sale of any bonds or notes approved by this vote,less any such premium applied to the payment of the costs of issuance of such bonds or notes,may be applied to the payment of costs approved by this vote in accordance with M.G.L.Chapter 44,Section 20,thereby reducing the amount authorized to be borrowed to pay such costs by a like amount. 9:07 p.m. Mr.Pato moved Article 8 and made brief comments on the history of the project and reported the unanimous support of the Board of Selectmen. 9:07 p.m. James Malloy,Town Manager,presented a detailed review of the project and stated the importance of funding the 25%design in order to maintain the Town's place on the State's construction funding schedule.He stated the project was estimated at an eventual cost of$49.1 million,and that there would be an additional request for Town funding in 2024. 9:13 p.m. Charles Lamb,Chair,Capital Expenditures Committee,reported the support of the Committee. 9:14 p.m. David Kanter,member,Capital Expenditures Committee,presented a minority report, stating his belief that 25%in design funding was premature and that the$1.5 million being requested was excessive.He urged a no vote. 9:17 p.m. Sanjay Padaki,member,Appropriation Committee,reported the unanimous support of the Committee. 9:18 p.m. Charles Hornig,member,Planning Board,reported the unanimous support of the Planning Board,stating he was pleased to see the project move forward. 9:19 P.M. In response from a questions from Mark Andersen,Pct. 6,Mr.Malloy explained that the Town of Bedford had been notified of the changes to the Hartwell Avenue/Bedford Street intersection,but that it would be unusual for Bedford to fund upgrades to roads in neighboring communities.