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i7 <br />with your total excise taxes,'and so forth.- <br />We realize that in the five years that it may <br />take this to be built up there may be more housing in. <br />Lexington, hence there may have to be more schools' <br />and the rate may go up.. the total valuation may be <br />increased, but roughly we figure that at today's rate <br />that this value would be $6.85 on the tax rate, and <br />this is very conservatively estimated. <br />Nov we had a hearing the other night and people <br />said: We11, the town is going to have to _spend some <br />money on this. Well, yea, that is true. <br />The total cost of severing the area was about <br />$315,000, to be done <br />but about 70,000 of that is going <br />anyway this coming year, whether this zoning goes ahead <br />or not. Se we have about $245,000, and that would <br />be about $12,000 a year, about $17,000 a year cost to, <br />the town under a bond.issue. <br />We will now take the Raytheon building. Bear <br />in mind we have no customers in. mind$ if the zoning <br />is changed.. except one, and that is the Raytheon Manu- <br />facturing Company. <br />They have said that if we can get the zoning <br />done reasonably soon, they will go aheadandbuild <br />I <br />an office building. <br />