1969-06-02-STM-min - Laserfiche WebLink

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Article 2. appropriated therefor and that payment be provided by (Cont. ) the transfer of $23,392.15 from the Excess and Deficiency Account, the transfer of $6,268.88 from the unexpended balance of the appropriation for alterations and addi- tions to the Cary Memorial Library Building voted under Article 36 of the Warrant for the 1956 Annual Town Meeting, the transfer of $15,228.96 from the unexpended balance of the appropriation for the construction, original equipping and furnishing of the Diamond Junior High School voted under Article 7 of the Warrant for the May 12, 1958 Special Town Meeting, the transfer of $9,033.53 from the unexpended balance of the appro- priation for the construction, original equipping and furnishing of the Estabrook School voted under Article 50 of the Warrant for the 1960 Annual Town Meeting, the transfer of $11,076.48 from the unexpended blance of the appropriation for construction, original equipping and furnishing of new senior high school buildings and for additions to and alterations in the existing senior high school building voted under Article 2 of the Warrant for the January 28, 1963 Special Town Meeting, and the issue of bonds or notes of the Town for the sum of $5,450,000.00; and that the Treasurer, with the approval of the Selectmen, be and he hereby is authorized to borrow the sum of $5,4.50,000.00 under the authority of Chapter 64.5 of the Acts of 1948, as amended, and to issue bonds or notes of the Town therefor, to be payable in accordance with the provisions of Chapter 44 of the General Laws, as amended, within a period not exceeding twenty years from their dates. 8:23 P. M. Mr. Taylor gives an explanation. 8:30 P. M. The Moderator, states that he has been asked if it would be in order at this tile, to serve notice of Article 2 being reconsidered, and that after discussion with the Town Counsel, Donald E. Legro, it may be done at this time, up to 8:42 P. M. Manfred P. Friedman serves notice of reconsideration of Article 2 in the warrant for the meeting called for this date at 8 P. M. 8:32 P. M. Van T. Boughton, Jr. states that the Capital Expenditures Committee are in favor of the building of the junior high school, and although they are not too happy about the cost; they still feel that the need for the school is there. 8:36 P. M. Paul G. Yewell, Town Treasurer, briefly describes the money market as ofthis time, and feels that as the rates are so high that it is not the time to build..the school. 8:38 P. M. Lilah H. Groisser speaks in behalf of the League of Women Voters in favor of this motion. 8:42 P. M. After general discussion, a voice vote was taken on the main motion, but as it was not a unanimous vote, a standing vote was taken as follows: In Favor Tellers Opposed 35 Frederick E. Tucker 2 33 Burt E. Nichols 12 38 Donald P. Noyes 2 1�5 Martin A. Gilman 8 151 24 More than the required two-thirds having voted in the affirmative, the motion, as presented by Mr. Taylor, is adopted. 8:49 P. M. Robert Cataldo moves that this meeting be dissolved which was carried by voice vote. 8:55 P. M. 7r(470;f� )7.(-r�( , Town Clerk