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} <br /> ARD OF S2LECTMEN Page 1 <br /> MINUTES <br /> • i NDA , SEPTEMBER 91 1991 <br /> Recreation Center: <br /> The five year period of time was only to give thea substantial <br /> time to be in a. position for them to pay the balance of the money <br /> plus interest states Selectman Hanson. <br /> At the end of the Five years, if we so desired to negotiate and <br /> stay there and say we like being on Great Neck South fine. or if we <br /> want to, we can take the money and apply it towards building a building <br /> elsewhere in Town states Mr. Hanson., <br /> We had any option that we wanted* I don' t know what you are <br /> talking about long term. Ude weren' t going to put an awful lot o <br /> money into the reconstruction or redesign of the building. Just <br /> enough to keep. . . . It was our money deter states Mrs. Caffyn. <br /> It' s our money upfront states Selectman Hanson, They said they <br /> would be willing to do it. What we were trying to do and accomplish <br /> was for everybody in Town to not have to di-g into their pockets now. <br /> on a temporary basis of five years which breaks down to ten grand per <br /> year over a five year period.. <br /> There would we get the money from the budget to take care of the <br /> building asks Selectman Gaff n I asked Dean to come up with programs <br /> that he felt comfortable that would be fund generating states Select- <br /> man Hanson. He felt he could cone up with some of it. He didn' t know <br /> if he could core up -with all of it. But, it was a.lot better than <br /> what we have right now, <br /> We would have to go over the five year lease that any time that <br /> Field' s point would like to sell the building, affyn No,no,no <br /> the five year program if at any time they sold the Keeter property <br /> which would generate the funds to pay us off, that would be what they <br /> excercise states lir. Hanson. Not once would they jeapordize the five <br /> year lease ;vol` the Queen of All Saints. It is strictly related to the <br /> payoff, if they got it earlier than the Five years, they would be in <br /> a. position to pay us o At that point, we could take it and put it <br /> somewhere or we could build a. building or we could do whatever we wanted <br /> with the balance of that money, but in no way that it would jeapordize <br /> the lifespan o that lease. <br /> That' s the point, we never really got to that point states Mr. <br /> Hanson. I'm going to open it up to a, few comments morn the public <br /> states the Chairman, <br /> My name is John Ferguson and I am sitting here listening to you <br /> and as a taxpayer we have elected you officials to represent us. In <br /> this particular instance I don' t think in all cases you have represented <br /> us. The Town is in reed for a rec center as well as the needs for our <br /> elderly. That particular building could of been a positive type o f <br /> operation, I think that the Board made a very bad error when it rade <br /> a. vote to break off the di <br />