HomeMy WebLinkAbout1971-06-18-BOS-min SPECIAL
SELECTMEN'S MEETING
June 18, 1971
A special meeting of the Board of Selectmen was held in the Bird
Room, Cary Memorial Building, on Friday morning, June la, 1971, at
8 30 a.m. Chairman Cataido, Messrs. Kenney, Bailey and Buse and Mrs
Riff in; Mr O'Connell , Town Manager; Mr. McSweeney, Town Engineer and
Acting Superintendent of Public Works; Mrs McCurdy, Executive Clerk,
were present.
Mr. Zehner met with the Board. He said that bids have been re-
ceived to borrow $1,000,000 in anticipation of tax revenue, on a loan
dated June 25, 1971 and payable November 4, 1971 . The problem is the
teachers' payroll of $1,200,000 which must be met on next Friday He Treasurer
recommended that the contract be awarded to the Lexington Trust Com-
pany and the New England Merchants National Bank and to sign the notes,
the Town Clerk's certificate and the delivery authorization.
Upon motion duly made and seconded, It was voted to award the con-
tract to borrow $1,000,000 in anticipation of tax revenue to the follow-
' ing banks
Lexington Trust Company $500,000 3.09% discounted
New England Merchants National Bank $500,000 3. 13% discounted
and to sign the notes, the Town Clerk's certificate and the delivery
authorization.
The Chairman informed the Board that a request has been received
from Troop 119 Committee Chairman to hold a Court of Honor on the
Battle Green on June 22, 1971 at 1 30 p.m. for a ceremony of approxi- Permit
mately 15 minutes
Upon motion duly made and seconded, it was voted to grant permis-
sion to Troop 119 to hold a Court of Honor on the Battle Green on
June 22, 1971 , at 7 30 p.m
The Chairman Informed the Board that he was visited by Mr. Haskell
Reed who was concerned over the Lion's Club 4th of July as it was going
to be picketed on the basis that we let them use the Center Playground
and that wasn'tone of the places given to the VVAW. Mr Reed wondered 4th of
if it were the 'feeling of the Board to have the planned activities. July
Mr. Kenney The Lion's Club had nothing to do with the decision
of the Board on VVAW; I think these people should devote energy to pull
the Town together.
The Board agreed to do nothing about the 4th of July activities
111 and to let them proceed as planned.
Upon motion duly made and seconded, it was voted to go into
Executive Session.
After discussion of a personnel matter and a matter of finan-
cial interest to the Town, it was voted to go out of Executive
Session
Upon motion duly made and seconded, it was voted to adjourn
at 9 02 a.m
A true record, Attest
xecutive Clerk, Select n