5/9/1994 BOARD OF SELECTMEN Minutes

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R ' Page Board of Selectmen Minutes May 9, 1994 Reorganization: Motion made by Selectman Vaccaro to nominate Selectman George Costa as Clerk of the Board of Selectmen. Motion seconded by Selectman Mills. VOTE: Unanimous. 3-0, Selectman Costa abstained, Selectman Jacobson absent. *Chairman of the Board of Selectmen: Selectman Bills `vice-Chairman of the Board of Selectmen: Selectxnn Jacobsn *Clerk of the Burd of Selectmen: Selectman Costa Co ICATIONS AND CORRESPONDENCE: Correspondence from Mass. Banners' Association re: Soft Second Loan Program, The Soft Second Loan Program designed by the Massachusetts Bankers' Association allows families earning less than 80 percent of the median income to qualify for a mortgage to purchase a home indicated Mr. Whritenour. In response to the programs success, the Massachusetts Legislature has appropriated 1 million in funding for FY 94 to expand the program. Communities interested in participating are requested to submit a letter Of interest to the Executive office of Communities and Development by Friday, May 20, 1994 indicated Mr. Whritenour. Motion rade by Selectman Vaccaro to authorize the Executive Secretary to submit a later of interest to EOCD on behalf o the Board of Selectmen. Motion seconded by Selectman Costa. VOTE: Unanimous. 4-0. Selectman Jacobson absent. Correspondence from the Police Department ire: Reserve Fund Transfer; Communication was received from Maurice Cooper,Deputy Chief of Police dated April 27, 1994 regarding the FY 94 budget deficiency of the Police Department Expense Account. As indicated by the Executive Secretary, a request for transfer from the Reserve Receipts Account in the amount of$8,905 was submitted to the Finance Committee to accommodate the budget deficiency. The request for transfer was denied by the Finance Committee. Mr.Whritenour indicated that the defier was a result of increases in public utilities and additional gas expenditures for the Police cruiser vehicles,