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SELECTMEN'S MEETING <br />June 25, 19 84 <br />A regular meeting of the .Board of Selectmen was held in the Selectmen t s <br />Meeting Room, Town office Building, on Monday, June 25, 1984, at 7:30 p.m. <br />Acting Chairman Sacco, Mr. McLaughlin , ' Mr . Marshall, Mr. Eddison; Mr. <br />Hutchinson, Town Manager; Mr. Cohen, T own Counsel; Ms . Adler, Assistant <br />to the Town Manager and Mrs. Snow, Executive Clerk, were present. <br />rm <br />Upon motion duly made and seconded, it was voted 4 - 0, by roll - call <br />-- 'vote,, Mr. Sacco, Mr. McLaughlin, Mr. Marshall, Mr. Eddison, to .go into <br />Executive Session for discussion of negotiations for the .sale of real <br />estate, with the intent to , resume open session. <br />At 7:50 p.m., open session was resumed and . Mr. Hutchinson informed <br />those in attendance of the subject matter addressed in the Executive Session. <br />Under terms of a new Memorandum of Understanding between the Town and Boyd / <br />Smith, developers of Potter Pond, units formerly dedicated to the Town <br />would be sold on the open market by Boyd/Smith in the mid -to high $150,000 <br />range, of that . amount the Town would receive $80,000 for each unit sold, <br />with a 3% sales-commission-to the developers. He further explained terms <br />of compensation to the Developer as carrying costs, if sales do not take <br />place by the time a Certificate of occupancy is issued on these units, <br />noting that, in this event, consideration will be given to lowering sales <br />prices. <br />Upon. mot ion duly made and seconded, it was voted to authorize the Town <br />Manager to carry out procedures with the Developers of Potter Pond as out- <br />lined and to proceed with preparation of a Memorandum of Understanding to <br />that effect. Mr. McLaughlin and Mr. Marshall were authorized to act, if nec- <br />essary, in executive capacity on behalf of the Board during the next few <br />weeks, due to the fact that a full Board may not be available at all times <br />during the summer vacation period. <br />Upon motion duly made and seconded, it was voted to approve minutes. of <br />Selectmen's Meetings on April 2, April 4, April 9, April 10, April 11, 1984. <br />Executive <br />Session <br />Potter Pond <br />Minutes,4 /2 <br />4/4 419, 411+ <br />4/li/84 <br />At 8:00 p.m,,, Steve Pollack of Adams /Russell Cab levis ion-Lexingt on, Inc., <br />met with the Board for discussion of the culmination of his firm's negotiations Adams/Rus- <br />for the past two years with the Town of Bedford for hook-up 'to t o the Lexington s el , B edf . <br />P <br />cable system. Adams Russell intends to draw entertainment signals from the <br />Lexington cable, rather than to construct new antennas in Bedford. The Cable Connection <br />Committee had been kept informed of these plans and had advised Adams /Russell <br />that at some point, the dealings should be brought to the attention of the <br />Town, since the franchise agreement, permit - granted for the use of the Monroe <br />School as cable office and the Special Permits granted for construction of <br />antennas on walnut Street could be affected. Final agreement has been reached <br />with Bedford and the license signed on April 18. <br />.William. Page, CATV Committee, was present to speak for the Cable Committee. <br />In response to Mr. Marshall, Mr. Pollack said that although the Bedford <br />hook -up is not an issue calling for decision by the Selectmen, Adams /Russell <br />