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HomeMy WebLinkAbout2005-01-31 Board of Selectmen Executive Minutes ^ BOARD OF SELECTMEN EXECUTIVE MINUTES JANUARY 31, 2005 EXECUTIVE SESSION: The Executive Session convened at 7:00 p.m. ATTENDANCE: The following were present: Rosemary Connelly Smedile, Chairman;Wendy Wakeman; James Xenakis; Mark J.T. Caggiano; Mark Rees, Town Manager; Ray Santilli, Assistant Town Manager and Town Counsel Thomas Urbelis. The Board of Selectmen was individually polled and each voted unanimously to move into Executive Session. Vote approved 5-0. Real Estate Matter. Chief Assessors Garrett Boles said that based on the rent figures that Lucent was paying for their portion of the building at 1600 Osgood Street is $16 million dollars in value. Ozzy Properties said that they want to pay taxes on a value of$13 million dollars. Ozzy Properties applied for an abatement on the property. They are not including the lease back benefit that Lucent is paying. Mark Rees said that Town Counsel pointed out a portion in the preamble on the TIF Agreement. For purposes of establishing base value, this agreement shall use property values as of 1 January 2004 (subject to any abatement) as the value in effect for fiscal year 2005. Mark Caggiano would like a report from Garrett Boles of what the deal was and what the deal is now and what representations were made and what basically happened. The Town Manager should come back to the board with the report. The board was surprised at the abatement because the Town believed that there was a deal and now that deal does not seem valid, the board has to step back and look at this. The Town Manager would tell Orit Goldstein that the board was concerned with the abatement and asked for additional information with the Assessor and would be discussed at the next meeting on February 14, 2005. Wendy Wakeman made a MOTION, seconded by Mark Caggiano, TABLE the TIF agreement and the lease as well until the next regular meeting until a full board is present. Vote approved 4-0. Pending Litigation. Wendy Wakeman added to the agenda the pending litigation regarding last week's conversation regarding Plisinski Case with Scott Masse, Town Manager, Selectman Smedile and Town Counsel. Wendy Wakeman made a MOTION, seconded by, to ask Town Counsel to memorialize that conversation in writing for no other purpose but for the Town Manager to maintain it on file. Vote approved 4-0. ADJOURNMENT: Wendy Wakeman made a MOTION, seconded by Mark Caggiano, to move out of Executive Session. Vote approved 4-0. ^ Respectfully submitted, Adele J. Johnson,Administrative Secretary