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HomeMy WebLinkAbout1981-06-08-BOS-min y 6 5 SELECTMEN'S MEETING II June 8, 1981 A regular meeting of the Board of Selectmen was held in the Selectmen's Meeting Room, Town Office Building, on Monday, June 8, 1981 at 7 30 P M. Chairman Busa, Mrs Battin, Mrs Miley, Mr Crain and Mr Politi; Mr Hutchin- son, Town Manager; Mr Cohen, Town Counsel; Mrs Banks, Assistant to the Town Manager; Miss Casey, Executive Clerk were present Mr Zehner, Town Treasurer, met with the Board to go over the planning Town for 1981 bond issues He requested approval of the Board for the use of a Treasurer facimile signature of Mr Politi Upon motion duly made and seconded, it was voted to approve the use of facimile signature of Mr Politi when needed Mr Zehner informed the Board that due to the escalation in interest Transfer rates since the formulation of the budget in the Fall of 1979 which was Reserve frozen in January, 1980, he had overrun the bond anticipation by approxim- Fund ately $25,000 and requested approval of a transfer of $25,000 from the Re- serve fund to the Bond Anticipation Account Upon motion duly made and seconded, it was voted to approve the request of the Treasurer for a transfer of $25,000 from the Reserve Fund to the Bond Anticipation Account Mr Zehner explained that the change in the date of the bond sale from Bond June 4 to June 11 required refinancing the notes that were due June 16. He Refinan- had arranged financing with temporary loans from the New England Merchants, cing the Town's certifying bank, to refinance all of the notes They are to charge no more than what the bonds will sell for on Thursday which would mean, at this time, the interest rate would be unknown He suggested that the Executive Clerk hold the notes in escrow until after the sale and he would come back and fill in the amount of the rate and have the Town Clerk certify them He would then go immediately back to the Director of Accounts so that it could be ap- proved in time by the Department and be credited to the Town's account on the 16th Mr Crain requested that a designated telephone number be given to the Board members to call in order to ascertain the specific amount of the in- terest rate charged Upon motion duly made and seconded, it was voted to approve the refi- nancing of the $1,125,000 bond issue with the New England Merchants Bank, in- terest rate to be determined, with a designated telephone number provided to the Board in order to ascertain the interest rate as follows a) Sewer loans dated 6/16 and due 6/30 $890,000 b) Conservation loan dated 6/16 and due 6/30 135,000 c) Sewer loans dated 5/29 and due 6/30 100,000 Mr Zehner informed the Board that he had been advised by the Recreation Bike Committee and the Department of Public Works that there would be a possible Path delay of 90 days before the Bicycle Path job would be completed and accepted Loan b ° - 2 by the State They requested renewal of an unused portion of the Bicycle Path Loan Upon motion duly made and seconded, it was voted to approve the request of the Town Treasurer for renewal of the unused portion of the Bicycle Path loan dated June 16 and due September 14 with the Shawmut County Bank at an interest rate of 6 5% Rep Doran Representative Doran met with the Board to report on the status of the State budget He informed the Board that the budget has passed the House and has been sent to the Senate The budget contained an increase in the local aid from the original $37,000,000 the Governor requested to $201,000,000 This would mean approximately $640,000 for Lexington He cautioned that this figure could change substantially in the Senate He stated that, in the meantime, they will try to enact a binding resolution in the House and Senate to be signed by the Governor guaranteeing a local aid figure of "X" number of dollars One of the outside sections on the State budget is the transfer of budget- ary authority from the Counties to the cities and towns He felt that this was important because of the number of years that people have been working to affect this change He stated that, overall, he opposed the budget for many reasons including the fact that he felt that the budget reflected a record high level of spending It was his opinion that the State budget was an "embarrassement" because he felt that the State has no intention of sharing in the burdens of Proposition 2 1/2 The Chairman thanked Representative Doran for coming to the meeting and keeping the Board up-to-date on the budget process Hub Bus The Board met with Mr Benjamin Goodman of the Hub Bus Lines to again Lines discuss his request for a rate increase After a brief discussion, the Board determined that the same basic problems still exist regarding overcrowding and poor service The Board informed Mr Goodman that it would take the matter up again in 30 days and in the meantime, he is to report to the Manager who will set up an appointment for Mr Goodman to meet with the Transportation Advisory Committee relative to Mr Goodman's desire to drop the first and last runs on the present schedule Upon motion duly made and seconded, it was voted to table the request of Mr Benjamin Goodman of the Hub Bus Lines for a rate increase for thirty days Follen Upon motion duly made and seconded, it was voted to remove from the table Church the request of the Follen Community Church for permission to hold a Flea Market on June 27 The Board discussed the request and it was decided not to endorse the re- quest one way or the other due to fact that there would be the possibility of questions relative to the authority of the Board to issue such a permit The Chairman will notify the Church of the Board's decision Minutes Upon motion duly made and seconded, it was voted to approve the minutes of the Selectmen's Meeting of April 6, 1981 I - 3 - 6 7 Selectmen's Meeting June 8, 1981 The Chairman read a requestHonor from the Honor America Society to join in n the annual 21-day salute to America commencing on June 14 America Upon motion duly made and seconded, it was voted to join in the annual Proclamation 21-day salute to America commencing on June 14 and concluding on the Fourth of July and to issue appropriate proclamation The Chairman read a request from the New England Telephone Company and Pole Loc Boston Edison Company for removal of joint owned pole location in Waltham Waltham St Street - no hearing required Upon motion duly made and seconded, it was voted, Mr Crain abstaining, to grant the request of the New England Telephone Company and the Boston Edison Company for removal of joint owned pole as follows Waltham Street on the southerly side in front of #780, remove (1) one pole #195/100 The Board discussed Commissioner Amidon's letter of June 4 relative to Bedford St / the Bedford Street/Hartwell Avenue traffic problem. Of specific concern was Hartwell the need for clarification of paragraph 2 on page 2 as there was no reference Avenue to the signalization of Eldred Street and the frontage road Commissioner Amidon had been contacted and had agreed to write another letter clarifying paragraph 2 on page 2 as follows "Phase II will concentrate on design effort for signalization for Eldred Street and an access road'and/or any other legitamte al- ternatives that will obtain as a minimum a concensus of community support for resolving problems on Bedford Street This will be a continuing effort by your staff and our Department" Mrs Miley expressed her concerns about the project being done intwo phases instead of being done concurrently Mrs Battin also expressed concern that Phase I might be completed and Phase II not, thereby not accomplishing anything toward relief of the traffic congestion in the area After discussion, it was agreed to accept the proposal of Commissioner Amidon and proceed with the project The discussion of the reconstruction of Rockville Avenue was postponed Rockville until the next Selectmen's meeting Avenue There was no Executive Session Upon motion duly made and seconded, it was voted to adjourn at 8 05 P.M. A true record, Attest xecutive Clerk