1962-07-23-AC-MIN.pdf - Laserfiche WebLink

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July 23, 1962 The Appropriation Committee met Monday evening July 23, 1962 at 8: 00 P . M. in the office of the Town Accountant. Present: J. Harper Blaisdell. , Chairman Maurice F. Shaughnessy Alfred Viano Frank E. Douglas ; Logan Clarke Jr . John R. Bevan Robert H. Kingston Raymond L. White, Secretary The new member is Robert H. Kingston The reappointed members are: Logan Clarke Jr. Richard H. Battin ;;:;; Alfred L. Viano Richard H. Battin' s wife telephoned and said Mr . Battin could not attend the meeting as he was called out of town. This meeting being the organization meeting for the year 1962-63, so the first business to come before this meeting was to nominate and elect a Chairman, Vice Chairman and Secretary. Nominations were as follows: Logan Clarke Jr. Chairman, Frank E. Douglas- J. Harper Blaisdell, Vice Chairman and Raymond L. White, Secretary. Elected unanimously was Logan Clarke Jr . , Chairman, J. Harper Blaisdell , Vice Chairman and Raymond L. White, Secretary. Mr . James J. Carroll , Town Clerk and Treasurer entered the meeting and spoke about the finances of the Town. Mr . Carroll stated that at the present time the money situation was bad and he was in the process of borrowing another ,31 ,000,000 plus the money already borrowed this year, $1 ,000,000 on May 11 , 1962 due November 8, 1962 and $750,000 borrowed July 2, 1962 due November 8, 1962. Mr . Carroll stated that taxes collected last year as of November 1st were approximately $4,000,000 and he expects that as of November 1st this year, with more borrowing to come there will be due to be paid out roughly $L1 ,000,000 which we haven' t got. This condition is due to the revaluation of property and the setting of the tax rate. As no 1962 Real Estate tax Lills have been sent out naturally no money has been received from this source. We received three requests for transfers from the Reserve Fund as follows: Letter from Board of Selectmen requesting the Committee to transfer the sum of $2, 00 from the Reserve Fund to the Planning Board expense account for the purpose of employing a Consultant Engineer to study the road situation at the proposed junction of Watertown Street. No decision was made. It was decided to put it ahead for a week anyway. Letter from Board of Select:,ien requesting this Committee to transfer the sum of $2,200 from the Reserve Fund to Board of Health expense account. The Appropriation Committee approved the request, but approved same how- ever, under protest.