HomeMy WebLinkAbout1996-03-25 BOS ES Min released 11-6-00.pdf 5;A
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SELECTMEN'S MEETING
EXECUTIVE SESSION
March 25, 1996
PRESENT. Selectmen: Chairman McSweeney,Mr. Dailey, Mr. Busa, Mr Fenn, Mrs. Eddison,
Mr White, Town Manager; Mr Cohen, Town Counsel and Ms. Smith, Executive Clerk.
Land Acquisition
Carol Mahoney, Walter Pierce and Julie Tnessl were present and reviewed the latest cost
estimates for the Cary Memonal Library construction and renovation. It is estimated that the
cost will be $7.5 million with 1/3 coming from the State grant, 1/3 from fund raising and 1/3
from the Town. This amount reflects a reduction of$2 million which represents cutting out
furnishings. Ms Mahoney indicated that the expansion plans should meet the library needs for
the next 20 years It is estimated that a new library would cost approximately $14 million
exclusive of land costs.
The Library representatives left the meeting at 11 00 p.m.
Mr. Dailey reviewed the status of acquisition of the Augusta property. He indicated he was very
well received by the Bankruptcy Trustee. With the Spencer Street property as part of the deal,
the Town should be able to acquire the Augusta property for$150,000 to $175,000. There is
$50,000 in the Conservation Fund.
The asking price for the Exxon station is $365,000. The property has an appraisal figure of
$305,000 Mr. Dailey suggests the Town offer$275,000 for the property
Litigation
Mr Cohen received a call from Steve Politi asking what the Town is doing about the lady barber
Norman will call her lawyer.
Upon motion duly made and seconded, it was voted to adjourn at 11 35 p m.
A true record, Attest:
Phyllis A. Smith
Executive Clerk