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HomeMy WebLinkAbout2004-06-07 Board of Selectmen Executive Minutes BOARD OF SELECTMEN EXECUTIVE MINUTES JUNE 7, 2004 EXECUTIVE SESSION: The Executive Session convened at 7:30 p.m. ATTENDANCE: The following were present: Wendy D. Wakeman, Chairman; James Xenakis; Donald Stewart; Mark J.T. Caggiano; Mark Rees, Town Manager; Ray Santilli, Assistant Town Manager. Rosemary Smedile was absent. The Board of Selectmen was individually polled and each voted unanimously to move into Executive Session. Vote approved 4-0. Pending Litigation— Beads Oil Superfund Site. The Town has been extended a settlement offer from the EPA regarding our involvement in the Beads Waste Oil Superfund Site. This settlement offer is in the amount of$132,000 and is being recommended by counsel. The Town had previously appropriated $125,000 under Article 17 of May 2002 Annual Town Meeting for possible settlement of this matter. Counsel's recommendation is that the Town does not have to respond until August 9, 2004, if the Board wishes to accept the settlement. The Town Manager suggested doing it after July 1, 2004 and to take the balance necessary to settle of$7,502 from the FY05 legal budget. Mark Caggiano made a MOTION, seconded by Donald Stewart, to approve the Beadle Oil Superfund Site settlement as presented by the Town Manager. Vote approved 4-0. ADJOURNMENT: Mark Caggiano made a MOTION, seconded by Donald Stewart, to move out of Executive Session. Vote approved 4-0. Respectfully submitted, Adele J. Johnson, Administrative Secretary