HomeMy WebLinkAbout1975-08-13-BOS-min SPECIAL
SELECTMEN'S MEETING
August 13, 1975
A special meeting of the Board of Selectmen was held in the
Selectmen's Meeting Room, Town Office Building, on Wednesday,
August 13, 1975, at 8:30 p.m. Present were Chairman Kenney,
Messrs. Bailey and Buse, Mr. Cohen, Town Counsel, and- Mrs McCurdy,
Executive Clerk.
Sale of Mr. Louis A. Zehner, Town Treasurer, met with the Board to
Bonds request approval of the sale of bonds He informed the Board
that 23 individual or syndicate bids were received, ranging from
Treasurer 4 70 to 5.20 percent It is recommended it be awarded to the
lowest bidder, Paine, Webber, Jackson & Curtis, Inc
Upon motion duly made and seconded, it was voted that the
sale of the following 4 70 percent bonds of the Town of Lexington
dated August 15, 1975:
$835,000 Sewer Bonds (Nos. 1 to 167) payable August 15,
$170,000 in 1976 and 1977 and $165,000 in 1978 to
1980,
$ 50,000 Conservation Bands (Nos. 1 to 10) payable August 15,
$10,000 in 1976 to 1980,
to Paine, Webber, Jackson & Curtis, Inc. at 100.149 and accrued
interest is hereby approved.
Upon motion duly made and seconded, it was voted to adjourn
at 8:40 p.m.
A true record, Attest:
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xecutive Clerk, Selectme„p
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