1988-09-BOS-min - Laserfiche WebLink

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M. 2_ Mrs. Frick was thanked for her presentation and will be asked return for further discussion. Now GPERATICNS Mr. Mute noted the promotion to the position of Operations Manager Of Joe Medlin, DPW, Mr. Medlin, who was selected fran among four strong candidates, has worked in the DPW since 1966. The Manager described the functions of the job and introduced Mr. Medlin and his family to the Board. Mrs. Smith noted Mr. Medlin ' s significant contribution to the Waste Management Task Force efforts and thanked him for his dedicated service to the Tc►wn. FY89 TAX OSSIFICATION HEARING Mrs. Smith read the Legal Notice of the Public Hearing and Information Session of FY89 Tax Classification which stated that the purpose of the meeting was to review with the Assessors the property tax classification options allowable under Mass. General Laws, Chapter 40, Section 56, and the selection of the residential factor from which will follow the classified tax rates for fiscal 1989. Assessor Chairman Robert Leone., Assessor Robert Foster and Town Assessor David Stusse were present. Nor. Leone reviewed a document entitled "Levy Limit & Tax Rate Citation" showing the allowable levy increase for growth and calculations resulting in a rate of $12.52, if businesses and residences were to be taxed unif ormly . ' He explained the "Range of Fiscal 1989 Tax Rates" which listed Masai residential factors from 85,3563% to 140 %, noting that the residential factor used in FY88 had been 86.3718, which allowed for a 4.8% residential increase and a 7.1$ carcercial rate increase. In light of expenses connected with the override for the purchase of the Pine Meadows Golf Course land, the Assessors recommended adoption of a residential factor of 86.9523 %, which would result in a residential tax rate increase of 5,,5% and which he felt would came most closely to equalling the same level of increase as in FY8 8 , plus covering the extra funds needed to accommodate the bonding of the purchase of Pine Meadows. There being no further statements, the C ha i rman declared the hearing closed. Upon motion duly made and seconded., it was voted to adopt a residential factor for fiscal 1989 of 86.9532$, as recommended by the Board of Assessors. Mrs. Smith expressed the appreciation of the Board to the Assessors and Mr. Stusse for the clear presentation of information, upon which this decision had been made. ro:* � :N kN, I a Upon motion duly made and seconded, it was voted to execute an Order of Taking on Byron Avenue as shown on a plan entitled, "Plan of Proposed Sewer E asement , Byron Avenue, Lexington MA. July 23, 1985. Francis X. Fields, Town Engineer," ...