HomeMy WebLinkAbout1923-10-23 Finance Committee Minutes Meeting,October,22,1923.
1%W Meeting on warrant for special town meeting Oct.29th. was
called to order at 8.15 otelock. Chairman Geo.R.Clough of the
Board of Public Works,presented matter of extension of sewer and
4W authorization of bond issue of $15,000.00 remaining not issued.
The school committee appeared and stated that from $2500.00
to $3000.00 would be needed to pay outstanding bills and finance
r. the school maintenance for the balance of the year$ matter was
presented by Chairman,Walter S. Parker and Messrs.Millett and
Quimby and Supt.Safford were present.
Municipal Light Board appeared for Article 3,Chairman Long,
Messrs.Evans and Baker and Supt.Sias were present.
The Selectmen,through.Clerk L.G.Bent presented the matter
of outlay in connection with completing titles in property taken
low
for non payment of taxes stating that $300.00 would have to be
provided.
It was voted that the Town Accountant be authorized to
transfer $2500.00 from the Reserve Fund to the General School
Fund and $1000.00 to the Miscellaneous Expense Account.
It was voted to recommend action called for in Articles
#2,3,4,and 5. Members present,Ch.Shepardson,Bent,Carleton,Raley,
Dennison,Devaney,Farnum,Fairchild,Ellison.
Adjourned at 9.30 o'clock.
L.G.Bent,Secy.
i
Note. Under Article 3 it was voted to recommend issue of notes or
bonds for $10,000.00
r.
T O R N O F R E A D I N G BOARD OF PUBLIC WORKS
Proposed Sewer Extension
Green Street -Village to Main -1,272 ft. -Est-Cost 4,639.00 ,.
Centre Avenue =i::a ae to Minot - 620 ft. -E8t.C6st$1,946.00
Main Street -Ash to Park - 637 4,457,00
Maple Street -Centre to Warren - 264' ^ - " " 801.00
Minot Street -Park to Washington- 931 ^ - ^ " 3,504.00
Warren Avenue -Minot to Maple - 542 " - " ^ 1, 877.00
Sweetser Avenue- - 350, " - ^ ^ 1,185.00
Park Street =Main to Summit - 870 ^ - " ^ 2, 839.00
'44.214 ft. -Est.Cost- - - - - 16.611.00
TOTAL- 5,486 ft. -Est .COst- - - - - w21,250.00
Add: 15� for account of Contingencies 3,187.50
TOTAL ESTIMATED COST - - - - - - - - -- ;24,437.50
Bonds Not Sold:
Authorized - - - - - X7,000.00.
Not Authorized - - - 15, 000.00 22,000.00
Amount to be taken from recei:;ts from Betterment Assesments, say $ 2,500.00`
(ESTIMATED AMOUNT TO BE ASSESSED TO PROPERTY OWNERS, SAY - - - - $7,000.00)
Reading,Mass. ,
Oct .22, 1923.