HomeMy WebLinkAbout1966-08-15-BOS-min 208LIC
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SELECTMEN'S MEETING
August 15, 1966
A special meeting of the Board of S lectmen was
held in the Selectmen' s Room, Town Office Building, on
Monday, August 15, 1966, at 7:30 P.M. Chairman Cole,
Messrs. Burnell, Cataldo, Sheldon and Mabee were present.
Mr. Gray, Executive Assistant, and Miss Murray, Executive
Clerk, were also present.
The Chairman read a letter from Miss Mary R.
McDonough, Town Treasurer, relative to borrowing $325,000.00
Loan Public Works Building Loan, to which was attached a list
of the bids received.
Upon motion duly made and seconded, it was voted
to approve the bid of 4.20% at 100.3 1 submitted by the
State Street Bank and Trust Company.
The Chairman read a letter from Miss Mary R.
McDonough, Town Treasurer, to which was attached Note #3410
for $3,000.00 Public Works Building Loan dated August 15,
1966, with interest at the rate of 4.20% payable to the
New England Merchants National Bank of Boston.
Upon motion duly made and seconded, it was unanimously
voted that the sale of $325,000.00 4.20 per cent Public
Works Building Bonds (Nos. 1 to 65) of the Town dated
August 15, 1966, payable August 15, $35,000.00 in 1967 to
1971 and $30,000.00 in 1972 to State Street Bank and Trust
Company at the price of 100. 301 and accrued interest is
hereby confirmed.
The Chairman read a letter from the Mystic Valley
Gas Company requesting permission to locate a 4-inch high
pressure gas main in Volunteer Way to serve gas to 19
new homes.
Gas main Upon motion duly made and seconded, it was voted
to grant permission to the Mystic Valley Gas Company for
permission to locate a 4-inch high pressure welded steel
gas main in Volunteer Way; it being understood the pro-
posed location has been approved by Mr. John J. Carroll,
Superintendent of Public Works.
Upon motion duly made and seconded, it was voted
to go into Executive Session for the purpose of discussing,
deliberating or voting on matters which, if made public,
might adversely affect the public security, the financial
interest of the Town or the reputation of any person.
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Following discussion relative to the Lexington
Retirement System, upon motion duly made and seconded,it
was voted to resume the open meeting.
Upon motion duly made and seconded, it was voted
to adjourn at 7:18 P.M.
A true record, Attest:
Rkec iue,Llerk(t Selectme // J
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