4/22/1991 BOARD OF SELECTMEN Minutes

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s r Y BOARD OF SELECTMEN age 2 AILS MONDAY, APRIL 22, 1991 Cluster oni : Although a hotel would be good revenue For the Town, Mrs* Landry states it is not allowable on the ocean edge in that area. She also questions as to where Lily Pond is It was 1/3rd the size of Dean' s Pond and 's not shown on their map, Selectman Carter has suggested Mr. Harrington inform Mr. Burden of these issues and schedule a. joint meeting between the Board and New Seabury with Mrs, Landry on this discussion. Town Counsel has advised to involve the Planning Board and Torr Fudala o They have an ongoing request to New Seabury For information since they have been trying to delis to this area. Their information ation could be usef'ul. Selectman Carter has also suggested Mr. Harrington get the Sewer Commission involved. He has thanked Mrs. Landry on behalf of the Board For bringing this natter to their attention. 7: 17p.m. fiscal Poli.S�y Advisory Committee re: —Report, t The -final narrative of the Fiscal olicy Advisory Committee Report culminated nearly ten months of work. The Committee consists of Carl Heller, Wayne Garrett, Al Polsi, Anne Shaw, Diane Rom elmeyer and Kevin H arringt n e On behalf of the Committee, Mr. Harrington reviewed some of the major aspects with the Board. For the Board to fully understand the context of the report, the Committee has asked the Board of Selectmen to attend a Meeting in the near future to. go into spec Tics of the report.' The Committee would like to continue to meet for the implement- ation of the policies. Ir. Harrington Feels the Town needs to adopt some of the policies soon., The composition is a blueprint For the Town to follow and adopt as a benchmark starting point, Jim Vaccaro agrees, for the Finance Committee to rake solid recommend- ations, we need to pint out a plan to implir ent. Some of the drastic needs are a new elementary school and secondary school Facilities, Town hall. Facilities and landfall facilities in the 90' s stated fir. Harrington. The three rain pieces of the report consist of the operational budget, ordinary capital budget and ma3or capital expenditures. This is a. model serving as a guideline although the numbers may change, There is a.' recommendation as to how the pieces are to be funded year after year. The major debts such as the school buildings and Town hall facility are to be phased under the debt balance. The total debt balance i not to exceed 25% .o -the levy sealing, on any given year. This is the maximum haat 2 town the ton to assess. The annual. debt payment such as the mortgage is proposed by the Committee not to exceed 18% of the total town' s budget in any given year.