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<br />September 21, 2016 Special Town Meeting #5 (2016-#5) <br />Moderator Deborah Brown called the 2016 Special Town Meeting #5 to order at 7:30 p.m., <br />Wednesday, September 21, 2016 in Margery Milne Battin Hall in the Cary Memorial Building, 1605 <br />Massachusetts Avenue. A quorum in excess of 100 members was present. <br />Town Clerk, Nathalie L. Rice, read the Warrant for Special Town Meeting #5 until waived. The <br />Town Clerk read the Constable’s Return of Service. <br />The Moderator made announcements, welcomed new Town Meeting Members, discussed <br />parliamentary procedures and called for the testing of the electronic voting units. <br />7:39 p.m. The Moderator called for a brief recess to recognize Superintendent of the Minuteman <br />National Historical Park, Nancy Nelson, who thanked the Town, Town Meeting Members and the <br />Community Preservation Committee for support of the Parker’s Revenge Project, a 2015 CPA- <br />funded initiative. <br />7:42 p.m. The Moderator called Special Town Meeting back to order and open under Article 1. <br />ARTICLE 1: REPORTS OF TOWN BOARDS, OFFICERS, COMMITTEES <br />7:43 p.m. Glenn Parker, Chair, Appropriation Committee, moved the Report of the Committee <br />be received and placed on file. Unanimously Adopted. <br />7:43 p.m. Jill Hai, Chair, Capital Expenditures Committee moved the Report of the Committee <br />be received and placed on file. Unanimously Adopted. <br />7:43 p.m. Marilyn Fenollosa, Chair, Community Preservation Committee, moved the Report of <br />the Committee be received and placed on file. Unanimously Adopted. <br />7:44 p.m. Suzanne Barry, Chair of the Board of Selectmen, moved the report of the Assistant <br />Town Manager for Finance be received and placed on file. Unanimously Adopted. Ms. Barry asked <br />to have Robert Addelson, Assistant Town Manager for Finance recognized. Mr. Addelson presented <br />his Report. <br />7:47 p.m. Presented by Selectman Suzanne Barry. <br />ARTICLE 2: LAND PURCHASE – 171-173 BEDFORD STREET <br />MOTION: <br /> That (a) the Selectmen be authorized to purchase, take by eminent domain or <br />otherwise acquire for municipal or school purposes, any fee, easement, or other <br />interest in all or any part of land known as 171-173 Bedford Street and shown as Lot <br />76 on Assessors’ Property Map 64, now or formerly owned by the Liberty Mutual <br />Insurance Company, on such terms and conditions as the Selectmen may determine, <br />and to conduct all necessary site surveys, environmental assessments and to incur <br />legal and closing costs in connection therewith; that $4,443,000 be appropriated for <br />such land acquisition and related costs, including, but not limited to, an architectural <br />and engineering study of the site for use by the Fire Department, and that to raise such <br />amount, the Treasurer, with the approval of the Board of Selectmen, is authorized to <br />borrow $4,443,000 under M.G.L. Chapter 44, Section 7, as amended, or pursuant to <br />any other enabling authority; and (b) that the Selectmen be authorized to lease a <br />portion of said land to Liberty Mutual Insurance Company or an affiliated entity <br />thereof, subject to terms acceptable to the Selectmen. Any premium received by the <br />Town upon the sale of any bonds or notes approved by this vote, less the cost of <br />preparing, issuing and marketing them, and any accrued interest received upon the <br />delivery of such bonds or notes, may be applied to the payment of project costs <br />approved by this vote, thereby reducing the amount authorized to be borrowed to pay <br />such costs by like amount. <br />7:51 p.m. Selectman Barry presented the requested action, and reported the unanimous support <br />of the Board. She explained that the Selectmen were supporting the purchase of the Bedford Street <br />property for swing space during reconstruction of the main Fire Station, noting that the approval of <br />Article 2, assumed support for the reconstruction. She stated that 25,000 square feet would be needed <br />to meet Fire Department needs. <br />7:54 p.m. Town Manager, Carl Valente discussed the plan for the use of the Bedford Street <br />building, giving an overview of costs, the reconstruction timeline and the financing plan. <br />8:06 p.m. Robert Addelson, Assistant Town Manager for Finance, presented the financing plan <br />for the purchase of the property, discussing debt service costs and the impact on the tax rate. <br /> <br />