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The Appropriations Committee held a meeting at 7:30 P.M., on Monday,
September 28, 1970, in the office of the Comptroller, Estabrook Hall,
Lexington. Present were Edward E. Furash, Chairman, Jack L. Mitchell,
Vice Chairman, Elizabeth M. Flynn, Secretary, Arthur T. Bernier, J. H.
Blaisdell, Levi G. Burnell, H. Bigelow Moore, Richard M. Perry, Comp-
troller and Donald B. White and Howard L. Levingston.
Meeting was held at 7:00 P.M. in the School Administration Building,
with members of the School Committee to discuss the status of the new
Junior High School.
Meeting was held at 7:30 P.M., in Estabrook Hall, with Vernon C . Page,
Eric Mollo-Christensen and Mrs. Ann Wallace, members of the study Com-
mittee for a Vocational Regional High School. Discussion was held with
In respect to Lexington' s financial share in the publication of a brochure
on the proposed school ( approximately $1250.) . Discussion was also held
G with respect to Lexington' s financial share in the capital costs and
U operating expenses of the school should it be approved:
1st year $184,000. capital cost based on 310
10th year 127,000. " pupils from
20th year 64,000. " Lexington
1st year $186,000. operating exp.
$4,120. would also have to be appropriated as the salary share for a
Superintendent for the first year. Bussing would be free .
The meeting was adjourned at 8:15 P.M.
Meeting was held at 8:20 P.M. with the Selectmen, Town Counsel, Town
Treasurer and Town Manager in the Bird Room, Town Treasurer Zehner
presented methods of financing the Town Office Building as follows :
1. Finance all $790,000. at 5.501 for 10 years, the interest
would be $302,775.
2. Split the total at 4.75/for two five year periods
3 . Finance all $790,000. at 4.75% for five years. Interest
would be $111,862. In financing for five rather than ten
years there would be an interest s9ving of $190,000.
Mr. Zehner favored this plan, and the Selectmen concurred.
Discussion was held on the financing of the proposed new Junior High
School. Treasurer Zenner proposed short term borrowing.
EXECUTIVE SESSION was VOTED at 9:05 P.M. Town Counsel Legro stated
that upon survey by the Town Engineer of the Crawford property on
Hayden Avenue 5.298 acres were in the parcel rather than 4 acres. An
additional 4943. would be needed to be added to the appropriated
$10,000. to reimburse the owner.
Appropriations retired from the meeting at 9:15 P.M.
3
Minutes of meeting held on September 28, 1970 - page 2
RESERVE FUND TRANSFERS:
Acct. #2525 Treas.-Exp. $600. for Moody rating
Art., 74-'69 Conserv. land 9L3. Crawford property
Art. 26-'67 2614. settlement on Laconia
Street land taking
upon motions duly made and seconded, it was unanimously VOTED
to approve the above requested amounts .
RESERVE FUND BALANCE: as 7:30 P.M., 9/28/70 W.21,300.
Upon motion duly made and seconded, it was unanimously VOTED to
approve the plan of Treasurer Zehner and the vote of the Selectmen to
finance $790,000. for the Town Office Building at 4.75% for the period
of five years .
Chairman Furash expressed the hope that the 1971 tax rate could be
held to $66. He requested a tax comparison and estimation from Comp-
troller Perry for the next meeting. He, also, stated that Appropria-
tions Report and Recommendations for Town Meeting will definitely be
completed by February 15, 1971.
The next meeting night is scheduled for Monday, October 5, 1970.
The meeting was adjourned at 10:15 P.M.
.Respectfully submitted,
Elizabeth M. Flynn
Secretary
The Appropriations Committee held a meeting at 7:30 P.M., on Monday,
October 5, 1970, in the office of the Comptroller, Estabrook Hall,
Lexington. Present were Edward E. Furash, Chairman, Jack L. Mitchell,
Vice Chairman, Elizabeth M. Flynn, Secretary, Howard L. Levingston,
H. Bigelow Moore and Donald B. White.
Discussion was held with respect to consolidating the Appropriation
Committee' s Report. It was suggested that the detailed wording of
Zoning Articles, citizen' s Articles and Conservation Articles could,
perhaps, be reduced in view of the fact that the Warrant also pub-
lished these in their entirety. The cost saving on the reduction of
the number of pages in the Report will be investigated.
The Tax Rate Comparison and Estimation prepared by Comptroller Perry
was discussed. The projected tax rate is $68.60, an increase of
$3.60 over the 1970 rate. Chairman Furash suggested possible areas