1931-05-19 - Laserfiche WebLink

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47 SELECTMEN'S MEETING MAY 19, 1931. A regular meeting of the Board of Selectmen was held at the Selectmen's Room, Town Office Building at 7:30 P.M. Messrs. Trask, Custance, Blake and Shannon were present. The Supt. of Public Works and the Clerk were also present. Bids were received on the $50.,000 water notes as follows: Harris Forbes & Co. 101.19 R. L. Day & Co. 101.659 Lexington Trust Co. 101.337 Atlantic Corporation 101.505 'water Bond Estabrook & Co. 101.222 bids Bank of Commerce & Trust Co.101.222 Faxon & Gade 101.15 The Nat. City Co. of Boston 101.16 First Nat. Old Colony Corp. 101.15 The bid was awarded to R. L. Day & Co., and the Town Treasurer authorized to complete negotiations. Bids were received as follows on the temporary loan of $175,000: Lexin_;�ton Trust Co. 1.56 discount Bank of Commwrce & Trust Co. 1.825 $175.9000 Old Colony First National 1.67 temporary plus 25 premium loan. Faxon & Gade 1.84 Grafton Co. 1.73 The bid was awarded to the LexinTton Trust Co., and the Town Treasurer authorized to compete negotiations. Mr. F. W. Longbottom, Building Inspector, came before the Board-relative to the application made to him by D. J. O'Connell for permission to alter the store occupied by Mr. Train.i adjacent to the First . National Stores at 1757 Mass. Ave., Lexington. The Building Inspector did not know whether or not he should issue the permit. It was considered that it might be possible that Mr. O'Connell, if the Town widens Mass. Ave. to the Building line recently established on his property, might ask for additional damages for the benefit which this window will be to his building. The Board believed that in accordance with the opinion of the Town Counsel that the Building Inspector could permit ' this window to be placed in the building. After Mr. Longbottom retired, Mr. O'Connell appeared and the Board questioned him" as to whether or not the permit for the window to be placed on the side of the building would enhance the value of the building