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l <br />Board of Selectmen <br />minutes <br />March 5, 2012 <br />Annual Town Meeting. Warrant*. <br />Article #23 : To authorize the Board of Selectmen to sell through -public auction, <br />prosy received through tax foreclosure. Proceeds from the sale(with <br />minimum reserves) would be set by the Town and -placed in a trust fund to <br />offset the Town' unfunded lablity for other post -employment benefits. <br />Motion made by Selectman Sherman to endorse Article # 3 of the Annual Town <br />Meeting warrant as presented. <br />Motion seconded by Selectman Richardson, <br />5 _ <br />VOTE: Unanimous. 54. <br />Roll Call Vote: <br />Selectman Taylor, yes Selectman Richardson, yes. <br />Selectman Sherman, yes Selectman Cahalan, yes <br />Selectman O'Hara, yes opposed, none <br />Article #2: ' To authorize the Board of Selectmen to sell through public auction, <br />property identified as 90 Falmouth Road received through tax <br />foreclosure. Proceeds from the sale with midi rnum reserves shall be set by <br />the Torn and placed in a trust fund to offset the Town's unfunded liability <br />for other post -employment benefits. <br />Motion mach by Selectman Richardson to endorse Article #240f the Annual Town <br />Meeting Warrant as presented. <br />Motion seconded by Selectman Sherman. <br />VOTE: Unanimous. -o. <br />Roll Call Vote: <br />Selectman Taylor, yes Selectman Richardson, yes <br />Selectman Sherman, yes Selectman Cahalane, yes <br />Selectman O'Hara, yes o osed, none <br />The sale of tax forelosure lands will also turn the properties to the tax robs to increase <br />annual tax revenue. <br />