2009-03-23 to 2009-05-06 ATM-min

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April 15, 2009 Adjourned Session of the 2009 Annual Town Meeting, cont... 8:20 p.m. Unanimously Adopted. 8:20 p.m. Selectman Norman Cohen moved action on Article 25 be postponed until after Article 49. Unanimously Adopted. 8:22 p.m. Presented by Selectman Norman Cohen. ARTICLE 26: ESTABLISH AND APPROPRIATE TO DEBT SERVICE STABILIZATION FUND MOTION: That: (a) Debt Service Stabilization Fund be created in accordance with M.G.L. Chapter 40, Section 5B; (b) $1,739,894, the balance of the excess reimbursement paid to the Town in August 2006 by the Massachusetts School Building Authority, be appropriated to the Debt Service Stabilization Fund, and to meet this appropriation $1,739,894 be transferred from the Fund Balance Reserve for Expenditures of the Capital Project Fund; and (c) $127,158 be appropriated from the Debt Service Stabilization Fund to offset the FY2010 debt service of the bond dated February 1, 2003 issued for funding additions and renovations to the Lexington High School, Clarke Middle School and Diamond Middle School. 8:22 p.m. Norman Cohen reported unanimous support of Board of Selectmen. Charles Lamb reported unanimous support of Capital Expenditures Committee. Susan McLeish reported unanimous support of Appropriation Committee. Norman Cohen, Alan Levine, and Finance Director Robert Addelson responded to questions on investments. 8:31 p.m. Unanimously Adopted. 8:31 p. m. Charles Lamb served notice of reconsideration of Article 26 8:31 p.m. Presented by Selectman Norman Cohen. ARTICLE 28: APPROPRIATE FOR STABILIZATION FUND MOTION: That this article be indefinitely postponed. 8:31 p.m. John Bartenstein reported unanimous support of Appropriation Committee. 8:32 p.m. Unanimously Adopted. 8:32 p.m. Presented by Selectman Norman Cohen. ARTICLE 29: APPROPRIATE FOR PRIOR YEARS' UNPAID BILLS MOTION: That this article be indefinitely postponed. 8:32 p.m. Pam Hoffman reported unanimous support of Appropriation Committee 8:32 p.m. Unanimously Adopted. 8:33 p.m. Alan Levine served notice of reconsideration of Article 29. 8:33 p.m. Selectman Norman Cohen moved Articles 30 and 31 be taken up after Article 49. Unanimously Adopted. 8:34 p.m. Charles Horning provided updated for plans on Planning articles. Alan Levine reported an upcoming second report of the Appropriation Committee regarding zoning articles. 8:35 p.m. Selectman Norman Cohen moved the meeting be adjourned until 7:30 p.m., Monday, April 27, 2009, Cary Memorial Hall. Motion to Adjourn Adopted. A true copy. Attest: Donna M. Hooper, Town Clerk ------------------------------------------------------ April 27, 2009 Adjourned Session of the 2009 Annual Town Meeting The eighth session of the 2009 Annual Town Meeting was called to order by Moderator Deborah J. Brown at 7:30 p.m., Monday, April 27, 2009, Cary Memorial Hall; a quorum of 166 present. 7:35 p.m. Moderator Deborah J. Brown declared the meeting to be in recess for a presentation of the Town Meeting Members Association to 30 -year town meeting members George Burnell, Peter Kelley and Joel Adler.