HomeMy WebLinkAbout1970-06-09-BOS-min 106
SPECIAL
SELECTMEN'S MEETING
June 9, 1970
A special meeting of the Board of Selectmen was held in the
Selectmen' s Room, Town Office Building, on Tuesday morning, June
9, 1970 at 8 30 A.M. Chairman Cataldo, Messrs Mabee and Kenney
were present Mr. O'Connell , Town Manager, and Mrs McCurdy,
Executive Clerk, were also present.
Mr Zehner, Town Treasurer, met with the Board. He informed
the Board that the Town is in need of $ 1 M. in tax anticipation
money and bids were received from nine banks; and recommended that
the bids be awarded to the following banks
Newton-Waltham Bank and Trust Company on $250,000 4.97 discounted
Town Newtoa-Waltharn Bank and Trust Company on $250,000 5.03 discounted
Treasurer Lexington Trust Company on $250,000 5.07 discounted
Upon motion duly made and seconded, it was voted to accept the
recommendation of the Town Treasurer to borrow $1 M, in tax anticipa-
tion, dated June 15, 1970 and payable November 3, 1970 and to award
the bids to the following banks
Newton-Waltham Bank and Trust Company on $250,000 4.97 discounted
Newton-Waltham Bank and Trust Company on $250,000 5.03 discounted
Lexington Trust Company on $500,000 5 07 discounted
The Chairman informed the Board that we have previously granted
permission to the Painter' s Guild of the Arts and Crafts Society to
hold the annual outdoor exhibition on the Buckman Tavern grounds on
October II , 1970 We have been requested to change the date and
Permit grant permission for October 4, 1970, with rain date of October II ,
1970
Upon motion duly made and seconded, it was voted to grant permis-
sion to the Painter' s Guild of the Arts and Crafts Society to hold
the annual outdoor exhibition on the Buckman Tavern grounds on October
4, 1970, rain date of October II , 1970, subject to the restrictions
of the Superintendent of Public Works.
Mr. O'Connell informed the Board that he had received a letter
from Perry Dean & Stewart regarding the authorization to supervise
Perry the construction of the Town Office Buildings.
Dean & Upon motion duly made and seconded, it was voted to authorize
Smith the architectural firm of Perry, Dean and Stewart to supervise the
construction of the Town Office Building; such services being enu-
merated in Article I , Subsection B.of the Architect' s contract
dated January 29, 1970.
Upon motion duly made and seconded, it was voted to adjourn at
8:40 A.M.
A true record, Attest }J/ d
) �SeC , r
Executive Clerk, Selectmen