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60 r� SELE7-TUENIS MEETING FEB. 12, 1940 , A regular meeting of the Board of Selectmen was held in the Selectmen's Room, Town Office Building, at 7:30 P.M. Chairman Giroux, Messrs. Potter, Locke, Rowse and Sarano were present. The Clerk was also present. At 7:30 P.M., Mr. John W. Raymond, Jr., Mr. Beach and Mr. Cosgrove appeared before the Board to discuss the question of the three proposed W.P.A. sewer projects. W.P.A. Mr. Raymond said he did not know what the Board could do sewr:r in the matter of making assessments. He assumed that it could projectsnot assess any than was recorded as a lien. In the Lex- ington Manor Sender, assessments would be made on Bedford St. and Harding Road and probably one or two lots on Williams Road. Assessments might be levied in the right of way from the pumping station, but they 3robably would have to be abated as the land is not lotted up yet. Mr. Raymond thought it was certain that the sewer assessment rate for 1941 was going to be at least 25% higher than in 1940. The Chairman asked Mr. Cosgrove if in the total assess- ment figure of $330000. for the Lexington iAanor sewers, he had included everything that could be assessed. Mr. Cosgrove said that the following had not been included: the land abutting the right of way, the Parker School and the small ' allowance for tax title property. The Chairman asked if he would say that $33,000. could be actually assessed, and Cosgrove replied in the affirmative. Mr. Raymond said he -thought the Manor project was not likely to get very far along in 140 as a W.P.A. project and that most of it would be done in 1941. The schedules that are about to be sent out are 'cased on the 1940 rate. As far as the Manor goes, it orojacly will make no difference, but if someone petitions for a short sewer extension somewhere else in 1941, they will have to pay a higher rate than':the peo_3le in the Manor even though the sewers are built in the same year. The Chairman said Mr. Raymond believed the Board ought .to use a higher assessment rate. He said he did not agree; that the Town now has a chance to get a large amount of sewage work done at a low rate and give the people a break. He thought it best to assess the betterments at the 1940 rate. He said the Town could borrow $50 000. for a ten year period. The payment the first year would.5,000. plus interest at a rate not exceeding 20 or about 1000.1 making a total of $6,000. Approximately $3300.00 should come in the first year, plus 6% interest on the total, or about 2,000., making a total of $5300. Therefor the Town might be out of pocket $1,000. the first year and he thought it would hold the same relative position througlitout the ten years ' Mr. Rowse said the cost to the Tcwn for Carrying the men on these W.P.A. projects would be much,lower than on other projects and that fact should be ccrlsidered.