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March 8, 2012 <br />Board of Selectmen: Mr. Pato noted a report by the Town Manager at a recent meeting of the Board <br />of Selectmen that the new interest rate for senior property tax deferrals will be 0.17% simple interest. <br />This rate is reset as of March 1 of each year based on the Federal fund rate. <br />Warrant Articles. The Committee reviewed its existing positions on warrant articles and Mr. Cohen <br />added his votes. The current positions are: <br />Special Town Meeting: <br />Article 2, Estabrook School Replacement: approved (8 — 0 —1). <br />Annual Town Meeting: <br />Article 6, Senior Service Program, to appropriate $20K: approved (9 — 0 — 0). <br />Article 7, Revolving Funds (except School Bus): approved (9 — 0 — 0). <br />Article 8 k & 1, Community Preservation: approved (9 — 0 — 0). <br />Article 23, Debt Service Stabilization Fund: approved (9 — 0 — 0). <br />Members reviewed status on draft write -ups for consideration at future meetings. Drafts are due by <br />Tuesday March 13 for deliberation. <br />Mr. Michelson presented the status of four additional CPA projects and the committee took the <br />following actions: <br />Article 8 a - Archives and Records Management /Conservation. A motion to recommend approval <br />was made and seconded. Vote: Approved (9 -0 -0). <br />Article 8 c - Muzzey Senior Center Upgrades. A motion to recommend approval was made and <br />seconded. Vote: Approved (9 -0 -0). <br />Article 8 d - Cary Memorial Building Upgrades was discussed and the Committee decided to <br />defer consideration to a future meeting. <br />Article 8 m - Administrative Budget. A motion to recommend approval was made and seconded. <br />Vote: Approved (9 -0 -0). <br />The next meeting of the Appropriation Committee is scheduled for March 13 at 7:30pm in the Ellen <br />Stone Room of Cary Hall, 1605 Massachusetts Ave. <br />Adjourn. The meeting was adjourned at 9:05 p.m. <br />Respectfully submitted, <br />Joe Pato <br />Approved March 13, 2012 <br />2 <br />