1950-05-22-AC-MIN.pdf - Laserfiche WebLink

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4(i MINUTES OF THE MEETING OF THE APPROPRIATION COMMITTEE HELD ON May 22, 1950 at 7:30 P.M. A meeting of the Appropriation Committee was held in the office of the Town Accountant on Monday evening, May 22, 1950 at 7:30 P.M. with the following members in attendance: Howard A . Patterson, Chairman A. W. Cleveland Thomas Jr. Donnelly, Jr. Raymond W. James John J. Sullivan Clarence E. Smith Leon W. Bateman Frank D. Walker, Secretary The minutes of the meeting held on April 2)i., 1950 were pre- sented and approved. James J. Carroll, Town Clerk & Treasurer then took the Com- mittee to his office to demonstrate the counting and packaging machines. Returned at 7:50 and discussed the cost with Mr. Carroll, who retired at 8:05 P.M. Under Article 2, the motion was made and seconded that the sum of $1,000. be transferred from E. & D. to be refunded from the Parking Meter Fund, as it became available. Article 3 - Voted: (not unanimous) That the Appropriation Committee recommend to the Town Meeting that this Article be in- definitely postponed until such time as a thorough investigation was made into the actual savings to be gained by the installation of oil burner equipment. Article .. - Bids will not be opened until May 29, 1950. Article 5 - No recommendation Article 6 - No recommendation The School Committee came in at 8:30 left at 9 :45 5 and dis- cussed following articles which were afterward voted as follows : Article 7 - The Appropriation Committee recommends the Appro- priation of $105, 000 . of which $5,000. is to be transferred from E. & D. and $100,000. borrowed for a period not exceeding 20 years, under Chapter )111 , Section 7 ( 3) . Article 8 - The Appropriation Committee recommends the Appro- priation of $90,000. of which $35,000. is to be transferred from E. & D. and the balance of $55,000. is to be borrowed for 10 years.