HomeMy WebLinkAbout1997-09-08 Board of Selectmen Minutes BOARD OF SELECTMEN MINUTES SEPTEMBER 8, 1997
CALL TO ORDER: John Leeman, Chairman, called the meeting to order at 5:00 PM.
ATTENDANCE: The following were present: John Leeman, Chairman;William B. Duffy, Jr.;
Kevin Foley; Donald Stewart; David Torrisi; and Robert J. Halpin, Town Manager.
COMMUNICATIONS,ANNOUNCEMENTS & PUBLIC COMMENT: Growth Management Bylaw
-The Town Manager discussed the issue raised by a developer with respect to the interpretation and
enforcement of both the Growth Management Bylaw and the Phased Development Bylaw. The two bylaws
are conflicting and the Board of Selectmen will be sending a letter to the Zoning Board of Appeals
indicating the Selectmen's view.
TBI, Inc., 210 Holt Road-Board of Health Hearings -The Board of Health will begin the site assignment
hearings for TBI, Inc. at Holt Road on Wednesday. David Torrisi made a MOTION, seconded by
Kevin Foley, for the Board of Selectmen to be on record as being opposed to this site assignment; vote
approved 5-0.
ISSUANCE OF BOND ANTICIPATION NOTES: The following votes were taken to authorize the
issuance of short term notes due September 11, 1997.
Kevin Foley made a MOTION, seconded by David Torrisi,that the Board of Selectmen vote to authorize
the Treasurer to issue $ 3,530,000 in Bond Anticipation Notes dated September 11, 1997 and due January
23, 1998 to BankBoston at a coupon rate of 4%and premium payment of$ 2,186.27 and net interest cost
of 3.8298%; vote approved 4-0-1 (William Duffy abstained).
Kevin Foley made a MOTION, seconded by David Torrisi,that the Board of Selectmen vote to authorize
the Treasurer to issue $ 1,048,100, in Bond Anticipation Notes dated September 11, 1997 and due
September 11, 1998 to State Street Bank at a coupon rate of 4%and premium payment of$ 210.67 and net
interest cost of 3.9799%; vote approved 4-0-1 (William Duffy abstained).
PERMISSION FOR WALK A THON FUNDRAISER- YOUTH CENTER: Kevin Foley made a
MOTION, seconded by David Torrisi,to authorize the Joseph N. Hermann Youth Center Committee to use
town roadways for a walk-a-thon fundraiser on Sunday, October 26, 1997; vote approved 5-0.
ADJOURNMENT: There being no further business,this meeting adjourned.
David Torrisi, Clerk of the Board