1984-05-BOS-min - Laserfiche WebLink

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�3- Selectmen's Meeting May 21, 1984 M' M I A motion by Mr. Eddis on that Emerald Street be deleted from the list of construction streets was seconded by Mrs, Battin for purposes of discussion. Mr. Marshall, Mr. Sacco and Mr. McLaughlin expressed their agree- ment that the construction of Emerald Street should be proposed this year, as originally supported by the Board • � j The motion as seconded to delete Emerald . Street construction was withdrawn. ' The Chairman stated that the Board was united in support of the proposal for the modified plan for construction of Emerald Street, Mr. McLaughlin. stated that in the absence of Senator Kraus, he will acknowledge the sixteen Lexington Merit Scholarship finalists at Town Meeting. Each finalist will be mailed an individual acknowledgement of accomplishment, signed by the Board. Mr. Hutchinson recapped the current schedule for presentation of Articles. He noted that at present ttw5w amount ov r - he levy limit is $220, 000, . uti.lizing $900,000 of free cash and ilnc udiiag Emerald Street at $56,000 and Sunny Knoll at $91, - 000 in Article' 46. It also presumes $340,000 on the levy for Hancock Street and Line Item 8525 Tax & Bond anticipation Loans being reduced from $160, 000 to $50,000 because of the failure of the Conservation article to pass. He recommended that $1,120,000 million be utilized from free cash to make up the $220,000 and that any deletions lessen the demand on f ree. cash acc or ding ly . Upon motion duly made and seconded, it was voted , to proceed under Article 68 as recommended by the Town Manager with the amount of $1,120,000 committed to free cash,. subject to caucus on the matter at Town Meeting* Upon motion duly made and seconded, it was voted 5 - 0 by roll call vote, Mrs. Bat t in, Mr. Sacco, Mr. McLaughlin, Mr .. Mar shall, Mr. Edd icon, to go into Executive Session for the purpose of discussion of real estate negotiation, with no intent to resume open session. Upon motion duly made and seconded, it was voted to adjourn at 7:55 p.m. A true record, Attest: l�larion H. Snow � Executive Clerk Emerald St. Merit Scholaz ship Awards T. Mtg. Schedule Free Cash Exec.Session