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Annual Town 1 leetin Articles—Land Purchases: <br /> Chairman watt noted to the Finance Committee that there may be some discussion <br /> concerning the Articles regarding land purchases. He noted that the Finance Conunittee <br /> should come up with a justification for their recommendations for the land purchase articles. <br /> ChaWnan watt stated that he believes it is in the hest interest to preserve the land. Talcing <br /> land out of development is protecting those critical areas that were already created. He also <br /> noted that it will be bonded in the next year when the debt is reduced. <br /> Mr. Golub stated that they should note that they feel the long tern health of the town will be <br /> served by a purchase now to tale the land out of development. <br /> FY 1999 BUDGET & ARTICLES: <br /> Chairman watt distributed a sheet from the ice of the Town Accountant which listed the <br /> FY 1999 budget and articles. <br /> Chairman watt noted to the Finance Committee members that this sheet contains the total <br /> amount of all the Warrant Articles except for Article 4 1,Pickerel Cove Road Flan,and <br /> Article 42,1ishpe Shores Subdivision Plan. <br /> Chairman watt distributed a copy of the lysis of Available Revenues dated February 5, <br /> 1998 and one copy dated April 16, 1998. He noted to the Finance Committee members that <br /> the amount coming out of the Stabilization Fund is now$950,000 as noted on the Analysis of <br /> Available Revenues dated April 1 , 1998,as opposed to the figure of$750,000 noted on the <br /> Analysis of Available Revenues dated February 5, 1998. <br /> ANNUAL TOWN MEETING: <br /> The Finance Committee ended their review of the Special and Annual Town Meeting Articles <br /> t 7:20 P.I . in order to convene for the Annual Town Meeting. <br /> FINANCE COMMITTEE NEXT MEETING; <br /> The next meeti <br />