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HomeMy WebLinkAbout2009-06-08-BOS-ES-min EXECUTIVE SESSION June 8, 2009 PRESENT: Chairman Cohen, Mrs. Krieger, Mr. Kelley, Mr. Manz and Mr. Burnell; Mr. Valente, Town Manager, and Ms. Pease, Executive Clerk. Upon motion duly made and seconded, it was voted 5-0 by roll call to go in to executive session to discuss the sale of real estate, litigation, and collective bargaining issues, with no intent to return to open session. Sale of Real Estate Mr. Valente reviewed the Purchase & Sale Agreement for the Busa property and the comments received by Busa counsel. Their issues include: title provisions, hazardous materials, due diligence, closing date, lease, and naming rights. The Selectmen agreed with Town Counsel’s recommendations. The Selectmen feel it is very important to include due diligence language in the agreement. The Lease should include some standards for appropriate materials/chemicals that can be used while the property is being leased back to the Busa family and it is important to include the indemnification Town Counsel proposed. The naming rights for the property would need to follow the Naming Policy and be mutually agreeable. Upon motion duly made and seconded, it was voted 5-0 to adjourn at 11:00 p.m. A true record; Attest: Lynne A. Pease Executive Clerk