The URL can be used to link to this page

Home My WebLink About2024-02-06 Select Board Packet Town of Reading Meeting Posting with Agenda This Agenda has been prepared in advance and represents a listing of topics that the chair reasonably anticipates will be discussed at the meeting. However the agenda does not necessarily include all matters which may be taken up at this meeting. Page | 1 2018-07-16 LAG Board - Committee - Commission - Council: Select Board Date: 2024-02-06 Time: 7:00 PM Building: Reading Town Hall Location: Select Board Meeting Room Address: 16 Lowell Street Agenda: Revised Purpose: General Business Meeting Called By: Caitlin Nocella on behalf of Chair Jackie McCarthy Notices and agendas are to be posted 48 hours in advance of the meetings excluding Saturdays, Sundays and Legal Holidays. Please keep in mind the Town Clerk’s hours of operation and make necessary arrangements to be sure your posting is made in an adequate amount of time. A listing of topics that the chair reaso nably anticipates will be discussed at the meeting must be on the agenda. All Meeting Postings must be submitted in typed format; handwritten notices will not be accepted. Topics of Discussion: This Meeting will be held in-person in the Select Board Meeting Room at Town Hall and remotely on Zoom. It will also be streamed live on RCTV as usual. Join Zoom Meeting https://us06web.zoom.us/j/83067095638 Meeting ID: 830 6709 5638 Dial by your location • +1 646 518 9805 US (New York) • +1 646 558 8656 US (New York) Find your local number: https://us06web.zoom.us/u/kcpIbldviz PAGE # 7:00 Overview of Meeting 7:05 Public Comment 7:15 Select Board Liaison & Town Manager Reports 7:30 Discuss and Vote on Appointment of new Town Manager from 4 finalists: Antonio Barletta Matthew Coogan Matthew Kraunelis Clancy Main 3 Town of Reading Meeting Posting with Agenda This Agenda has been prepared in advance and represents a listing of topics that the chair reasonably anticipates will be discussed at the meeting. However the agenda does not necessarily include all matters which may be taken up at this meeting. Page | 2 8:15 Discuss and Vote on Meadow Brook Easement 4 8:45 Discuss and Vote on POST 1917 Liquor License 15 9:00 Preview Warrant for April Town Meeting 54 9:30 Vote to Close Warrant for Local Election 76 9:45 Vote to close warrant for Presidential Primary 78 9:55 Discuss Future Agenda Items 80 10:00 Approve Meeting Minutes 82 10:15 Executive Session: Purpose 2: To conduct strategy sessions in preparation for negotiations with nonunion personnel – selected Town Manager candidate Town Manager Finalists 1. Antonio Barletta 2. Matthew Coogan 3. Matthew Kraunelis 4. Clancy Main From:Kraunelis, Matthew To:Bacci, Carlo; Dockser, Mark; Haley, Christopher; Herrick, Karen; Kraunelis, Matthew; McCarthy, Jacqueline; Nocella, Caitlin Subject:POST1917 Liquor License Explanation Date:Wednesday, January 31, 2024 4:43:58 PM Attachments:24-0123 - Reading - Parc Restaurant Group LLC RNA.pdf POST 1917 NEW LICENSE APPLICATION - Redacted.pdf Good Afternoon Select Board, On your agenda next week, you will see another vote for the POST1917 Liquor License. The ABCC returned the application with “No Action,” and required further documentation from the applicant. Attached is the notice from the ABCC explaining their reasoning. They asked for additional financial statements and authorized CORI reports for the applicants’ two investors listed on the application. The ABCC asked that this go back before the Board for approval to acknowledge that the Board has seen the additional documents. No public hearing is required. I have also attached the revised application package for your review. The only changes from the previous application are on page 4 (section 6), where the ownership percentages were changed to include the investors, and page 7 (section 10) was inaccurately filled out the first time. You will find the additional documents requested by the ABCC on pages 15-16 (Investors’ CORIs) and page 37 (Bank Letter of sufficient funds). We have asked the applicant to be present at your meeting. If you have any further questions, please reach out to me. Thanks, Matt Matthew A. Kraunelis, Esq. Acting Town Manager Town of Reading 16 Lowell Street Reading, MA 01867 781-942-6611 mkraunelis@ci.reading.ma.us www.readingma.gov RECOMMENDATION OF THE INVESTIGATOR Entity Name: City/Town: I have reviewed the application and respectfully recommend that this application be Returned No Action (RNA) to the Municipal Licensing Board for the following reasons: This Investigator has advised the applicant that in order to complete this application review, the applicant must provide the following amendments, information and or documentation: The applicant should disclose Tiffany Freitas and Rick Nazzaro in the application as having a beneficial or financial interest in the license. Investment Agreements included in the application indicate that both individuals are investing in Parc Restaurant Group, LLC and will receive a percentage of profits. CORI Release forms should also be provided for the investors. In addition, Jason Carron’s financial documentation needs to be documented through either a bank later indicating he has sufficient funds to cover the indicated contribution, or through three months of bank statements. Lastly, the applicant should fill out/amend question 10B. Please forward all corrections and/or documents to the Municipal Licensing Board. After review and approval, the Municipal Licensing Board will forward all documents to the ABCC Licensing Division. No further fee is required. Special Investigator: Date: E-Mail: Phone: ☒New License ☐Transfer of License ☐Change of Manager ☐Change of Officers/Directors/LLC Managers ☐Change of Ownership Interest (LLC Members/ LLP Partners, Trustees) ☐Other: ☐Issuance/Transfer of Stock/New Stockholder ☐Change of Location ☐Alteration of Premises ☐Pledge of Collateral ☐Management/Operating Agreement ☐Change of Category ☐Change of Corporate Structure ☐Change of DBA ☐Change of Corporate Name ☐Change of Class ☐Change of License Type Parc Restaurant Group, LLC Reading David Bolcome January 23, 2024 617-352-1344 David.Bolcome@tre.state.ma.us 2 LEASE ARTICLE 1 Reference, Data and Exhibits Section 1.1 Data. EFFECTIVE DATE: November 15, 2023 NAME AND LOCATION OF PREMISES: 136 Haven Street, Commercial Unit #2, Reading, Massachusetts 01867. Said Commercial Unit #2 shall hereinafter be referred to as the “Premises” and is shown on Site Plan recorded with Master Deed of the Postmark Condominium at the Middlesex South Registry of Deeds, Including, use of any storage areas, the exclusive right to use the outdoor space appurtenant to the unit for outdoor seating for its restaurant; all exclusive rights and areas shown on site plan, and as stated in Article II, pursuant to and subject to the Master Deed and By Laws of the Postmark Condominium. This Lease is subject to the Master Deed of The Postmark Condominium, as the same may be amended from time to time, The Postmark Condominium Trust and By-laws, as the same may be amended from time to time, and all rules and regulations validly established by the Trustees of the Postmark Condominium Trust, in effect from time to time (collectively, the “Condominium Documents”). LANDLORD or LESSOR : Haven Street Realty LLC, a Massachusetts limited liability company. ORIGINAL ADDRESS OF LESSOR: Commercial Unit 2, 136 Haven Street, Reading, MA 01867 TENANT or LESSEE: PARC RESTAURANT GROUP, LLC, a Massachusetts limited liability company, 136 Haven Street, Reading, MA 01867 TERM: The original term hereof shall run from November 15th, 2023 through February 15, 2027, with the option to renew as stated further in this agreement and subject to the terms thereof, for another period of three (3) years. PUBLIC LIABILITY INSURANCE MINIMUM LIMITS: BODILY INJURY: $500,000.00 each person/$1,000,000.00 each accident. PROPERTY DAMAGE: $100,000.00 At Landlord’s option, such limits may be reasonably adjusted. 3 PERMITTED USE: Tenant acknowledges that no trade or occupation shall be conducted in the leased premises or use made thereto which will be unlawful, improper, or offensive, or contrary to any law or any municipal by-laws or ordinance in force in the city or town in which the premises are situated. Tenants intended use for the Premises is a restaurant with a full liquor license and outdoor seating on its exclusive use outdoor space, all in accordance with and subject to the Postmark Condominium Master Deed, By Laws and Rules and Regulations, as may be amended. Tenant shall have the right to install and maintain signage on the exterior of the building in compliance with the applicable Town of Reading requirements Without the approval of the Landlord, Tenant may not sublease any portion of the Premises to any other person or entity. If the Tenant does sublease at a rate greater than the rates to be paid by Tenant, Landlord is entitled to fifty (50) percent of the difference. Section 1.2 Effect of Reference to Data. Each reference in this Lease to any of the titles contained in Section 1.1 shall be construed to incorporate the data stated under that title. Section 1.3 Base Rent. Base rent shall be $13,000.00 per month, payable on the first of each month in advance. The schedule of Rent shall be as follows: The first three months shall be rent free; The next six months (Month 4- Month 10) one half of the base rent shall be charged, all six payments to be deferred and beginning in month ten (10), thirty equal payments of $1,300. shall be paid in addition to the Base Rent. Tenant hereby agrees to pay to Landlord one month’s base rent as a Security Deposit herein due upon execution of this Lease ARTICLE II Premises Section 2.1 Leased Premises. LESSOR does hereby demise and lease unto LESSEE the "Premises" containing approximately 3,930 square feet of commercial space ), located on the basement and ground floors, more or less, including all fixtures and improvements in “as is” condition and together with all appurtenant rights thereto belonging, including, without limitation, the nonexclusive right to use the Common Areas of the Postmark Condominium subject to the terms of the Condominium Documents as effective from time to time, the non- exclusive rights to use roadways, driveways, entrances, exits, and service roads, the exclusive right to utilize any outside space appurtenant to said Commercial Unit 2, all as stated in the Master Deed and Unit Deed of Lessor. As utilized herein, the Premises shall specifically include all parking, usage and access rights to and egress rights from the Premises granted to the LESSOR by Deed of LESSOR recorded in the Middlesex South District Registry of Deeds at Book 82221 Page 356. ARTICLE III TRIPLE NET PROVISIONS 4 Section 3.2 Payment of Real Estate Taxes. The Base Rent to be paid by the Tenant as set forth above, includes 100% of the total amount of local real estate taxes levied on the Premises. Notwithstanding anything herein contained to the contrary, if the real estate tax bill is increased after the third anniversary of the lease, the Tenant shall be responsible to pay said increase in addition to the base rent above. As utilized herein, the term "real estate taxes" shall mean all real property taxes imposed upon the Landlord by any governmental authority having jurisdiction thereover; and all impositions and assessments for public improvements, such as sanitary sewer or public water supply, provided, however, that if at any time during the term of this lease, the present method of taxation or assessment of real property shall be altered, changed or modified, in whole or in part, and in addition to or in lieu of such real property taxes, there shall be imposed upon Landlord by way of assessment or levy or otherwise upon the rents derived from the Premises, or as a tax, assessment, levy or charge measured or based upon, in whole or in part, the Premises or the rents derived therefrom and imposed upon the Landlord, each and every such assessment, levy or charge shall be deemed a Real Estate Tax to the extent that Tenant has been relieved of payment of current real estate taxes payable prior to such change or alteration in such method of taxation of real property. Federal income taxes, state income taxes, estate taxes and inheritance taxes imposed upon Landlord shall not be considered Real Estate Taxes unless such other taxes are imposed or increased by reason of the alteration, change or modification of the method of taxation or assessment of real property. The Landlord shall provide Tenant with documentation of any municipal, insurance, or other increases or assessments, including the Landlord’s calculation, simultaneously with demand for payment thereof. Section 3.2 Common Area Charges. The base rent shall be deemed to include one hundred (100%) percent of any common area maintenance fees or condominium fees attributable to the Premises. Any increase in the Common Area Charges during the term of the lease shall be paid by the Tenant, in addition to the base rent. The Tenant shall be liable for any Capital Assessments assessed against the said Unit 2 payable during term of the lease. Landlord is not aware of any pending Capital Assessment at the building. Section 3.3 Electricity and Telephone. Tenant shall make its own arrangements for heat, electric, telephone and gas service respectively and shall pay promptly therefor. Section 3.4 Water and Sewerage. Tenant shall timely pay for 100% of the water and sewer charges for the Premises. Section 3.5 Other Utilities and Services. Tenant shall pay all charges for any other utilities and services used by it and supplied by the Landlord or any other person, firm or corporation. Tenant shall save harmless and indemnify Landlord against any claim or liability an account of said charges. 5 Section 3.6 Insurance. Tenant, at Tenant’s cost, shall be responsible for obtaining such insurance as it may deem advisable for all contents and merchandise owned by Tenant located in the Premises, together with any Tenant improvements to the property. Tenant shall also keep in full force and effect comprehensive public liability insurance insuring Landlord and Tenant against injury to property, persons, or loss of life arising out of use of occupancy of the demised property by any person, with limits as set forth herein. The insurance to be purchased by Tenant pursuant to this Lease shall not be limited in any way by reason of any insurance which may be maintained by Landlord. Each year Tenant shall provide Landlord with a certificate of insurance with Landlord identified as an additionally insured party. Section 3.7 Triple Net Charges. All triple net charges paid by Tenant to or on behalf of Landlord shall, for the purposes of this lease, be considered “additional rent” due pursuant to this Lease. Section 3.8 Payment of Triple Net Charges. To satisfy its obligation to pay triple net charges, the Tenant will pay the Landlord in monthly installments on the first day of each calendar month in advance, one twelfth of any increase to the real estate taxes made after the date of this Lease. In addition, Tenant shall pay, in full, all insurance due on the Premises to maintain Tenant’s business and insure Tenant’s property and improvements made to the Premises. Tenant shall also pay for all maintenance to the premises, either directly to the vendors or to the Landlord for any improvement made by Tenant and paid for by Landlord. Within sixty (60) days of the end of each calendar year the payments for the preceding year shall, to the extent necessary, be adjusted as against payments actually made during that year. Any deficiency shall be paid within ten days of invoice and provision of supporting documentation. Any surplus from a year shall be applied to the following year’s charges. The monthly payments for triple net charges shall be adjusted annually based on the charges actually incurred for the prior year. So long as Tenant is not in default of any terms of this lease, Tenant shall have the option to renew this lease for another three year term, with base rent increasing by an additional $1.00 per square foot of the Premises for each of the three years, in addition to all other fees and costs contained herein, which Tenant will continue to pay in addition to the new base rent. ARTICLE IV Tenant's Additional Covenants. Section 4.1 Affirmative Covenants. Tenant covenants, at its expense, at all times during the Lease Term and such further time as the Tenant occupies the Premises or any part thereof: (A) To perform promptly all of the obligations of Tenant as set forth in this Lease; and to pay when due said Base Rent and all charges, rates and other sums which by the terms of this Lease are to be paid by the Tenant; To promptly pay when due all public charges with respect to the Premises, not previously allocated to Tenant pursuant to Article III herein; 6 (B) To store all trash and refuse within the Premises and to attend to the disposal thereof in the manner designated by the Landlord; to keep all drains inside the Premises clean and in good and normal working order; and to properly clean all filters and vents necessary to maintain safety on the Premises and all in accordance with the Master Deed of the Postmark Condominium and the Trust, By Laws and Rules and Regulations of the Postmark Condominium Trust. (C) At the Tenant's expense, to keep the Premises in the same order and repair as they are in at the commencement of the term, or may be put in during the term, to keep all glass in good condition and to maintain, repair and replace any fixture or improvement; To the extent not the responsibility of the Condominium Association, to maintain, repair and replace all fixtures and equipment, including without limitation, all heating, air conditioning, ventilation, plumbing, lighting, electrical and mechanical fixtures, signs and equipment in the same good operating condition as they are in on the commencement date, or may be put in during the term, damage by fire or unavoidable casualty excepted; (D) To make all repairs, alterations, additions or replacements to the Premises required by law or ordinance or any order or regulation of any public authority because of the Tenant's particular use of the Premises; to keep the Premises equipped with all safety appliances so required because of such use; to procure any licenses and permits required for any such use; to comply with the recommendations of the Fire Underwriters Rating Bureau or other similar organizations; and to comply with the orders and regulations of all governmental authorities except that the Tenant may defer compliance so long as the validity of any such law, ordinance, order or regulation shall be contested by the Tenant in good faith and by appropriate legal proceedings, if the Tenant first gives the Landlord appropriate assurance against any loss, cost or expense on account thereof and provided the same does not subject the Landlord to the threat of any criminal liability; (E) To pay promptly when due the entire cost of any work to the Leased Premises undertaken by the Tenant so that the Premises shall at all times be free of liens for labor and materials; to procure all necessary permits before undertaking such work; to do all of such work in a good and workmanlike manner, employing materials of good quality and complying with all governmental requirements; and to save the Landlord harmless and indemnified from all injury, loss, claims or damage to any person or property occasioned by or growing out of such work. (F) To save the Landlord harmless and indemnified from all injury, loss and claims of damage to any person or property while on or about the Premises; to save the Landlord harmless and indemnified from all injury, loss, claim of damage to any person or property anywhere occasioned by any omission, neglect or default of the Tenant, its agents, servants and employees; to save Landlord harmless and indemnified from all injury, loss or claim relating to goods sold at the Premises, or to any alleged nuisance made or suffered on the Premises, or pertaining to damages resulting from stoppage or leakage of pipes or from steam, gas, electricity, water, rain or leaks from any part of the Premises or from the pipes, appliances, or plumbing works, or from the roof, street or subsurface, or from any other place, or by dampness or by any other cause of whatsoever nature; to maintain in responsible companies qualified to 7 do business in the state in which the Premises is located, and in good standing therein, public liability insurance covering the Premises insuring the Landlord by name as well as the Tenant against any loss, liability or expense whatsoever from fire (including extended coverage), personal injury, death, products liability damage, property damage, theft or vandalism arising or occurring upon or in connection with the Premises or by reason of Tenant's operation thereof with limits at least equal to those stated in Section 1.1 and Landlord may, upon notice to Tenant, modify the minimum amounts of insurance required; (G) To permit the Landlord and its agents to examine the Premises at reasonable times and with reasonable notice to show the premises to prospective purchasers, lenders and tenants. Within six months of the expiration of the term, Landlord may affix suitable notices to any part of the interior or exterior of the Premises. (H) That the Landlord shall not be required to make any repairs or improvements or to supply any service to the Premises, but will not unreasonably withhold permission or approval needed for tenant to obtain, the common areas, or any fixtures or improvement and shall not be liable to anyone for any claim of any nature including, without limitation, compensation or rent reduction for loss of business, or constructive or actual eviction, for interruption of an agreed service due to any accident, emergency situation, the making of repairs, alterations or additions, labor difficulties, trouble in obtaining fuel, electricity, service or supplies or to any cause beyond Landlord's reasonable control; that all personal property from time to time upon the Premises shall be at the sole risk of the Tenant; and that the Landlord shall not be liable for any damage which may be caused to the Premises by the bursting or leaking of or condensation from any plumbing, cooling or heating pipe or fixture unless caused by Landlord’s gross negligence. Tenant shall carry insurance on all contents and fixtures installed by Tenant. (I) To pay on demand the Landlord's expenses, including, without limitation, reasonable attorneys' fees, incurred in enforcing any obligations of the Tenant under this Lease or in curing any default by the Tenant under this Lease. It is expressly agreed that Landlord may, but need not, pay any charge which Tenant should have paid or take any action which Tenant should have taken pursuant to this agreement and that Tenant will reimburse Landlord for any such cost incurred, plus 10% for overhead expenses, payable on demand; (J) At the termination of this Lease: To remove such of the Tenant's goods and effects as are not permanently affixed to the Premises; to remove such alterations and additions made by Tenant as the Landlord may request; to repair any damage caused by such removal; and peaceably to yield up the Premises and all alterations and additions thereto (except such as the Landlord has requested Tenant to remove) and all fixtures, furnishings, equipment and floor coverings which are permanently affixed to the Premises, which shall thereupon become the property of Landlord, clean and in good order, repair and condition. At Landlord's option, equipment and/or property not so removed within seven (7) days of the date of termination or expiration shall be deemed abandoned and may be removed and disposed of by Landlord in such manner as Landlord shall determine and Tenant shall pay Landlord the entire cost and expense incurred by it in effecting such removal and disposition 8 and in making any incidental repairs and replacements to the Premises. Tenant shall further indemnify Landlord against all losses, costs and damages resulting from Tenant's failure and delay in surrendering the Premises as above provided. Pursuant to this paragraph, Landlord, in its discretion, may sell such property and apply the proceeds to its costs and all other sums due from Tenant hereunder. Tenant shall pay Landlord double the total of the minimum rent for each month or portion thereof Tenant shall retain possession of the Premises or any part thereof after the termination or expiration of this Lease, and all other charges which would be due hereunder if this Lease were not terminated and shall also pay all damages sustained by Landlord on account of Tenant's continued possession. Acceptance of such payments shall not constitute a waiver of Landlord's right to regain possession by legal process, which may be commenced at any time. In the event that the Premises, or the Building are to be demolished or transferred by Landlord then, at the option of Landlord, upon a written notice to Tenant, this lease shall terminate without expense or liability to Landlord. If any provision in this paragraph conflicts with any other provision, term, covenant, agreement or condition of this Lease, this paragraph shall prevail; (K) Tenant's rights under this Lease are and shall always be subordinate to the operation and effect of any mortgage, deed of trust or security interest now or hereafter placed by the owner of the Premises upon the Premises or the Center or any portion thereof, and to all advances made thereunder and to the interest thereon and all renewals, replacements and extensions thereof. This clause shall be self-operative and no further instrument of subordination shall be required. In confirmation thereof, Tenant shall execute such further assurance as may be required or requested by LESSOR and/or any mortgagee of LESSOR; (L) To remain fully obligated under this Lease notwithstanding any assignment or sub- lease or any indulgence granted by Landlord to Tenant or to any assignee or sublessee; and Section 4.2 Negative Covenants. The Tenant covenants at all times during the Term and such further time as Tenant occupies the Premises of any part thereof not to injure, overload, deface or otherwise harm the Premises; nor commit any nuisance; nor make any use of the Premises which is improper, offensive or contrary to any law or ordinance or which will invalidate any of the Landlord's insurance. Tenant shall not make any alteration, addition or improvement to the interior of the Premises without the prior consent of the Landlord. ARTICLE V Damage, Destruction or Eminent Domain Section 5.1 Fire or Other Casualty. If the Premises are damaged and made substantially untenantable by fire or casualty, Landlord may by written notice to Tenant, given within sixty (60) days after such occurrence, terminate this Lease. If any mortgagee of the Landlord or the Condominium Association shall refuse to allow the proceeds of the insurance to be used for the 9 repair, rebuilding or restoration of the Premises, Landlord shall notify Tenant and this Lease shall terminate. Unless this lease is terminated, Tenant shall coordinate repairs with the Landlord and the Condominium Association. Rent shall not be abated, in whole or in part unless the Landlord and Tenant reach a mutual agreement. In the event of any termination under the provisions of this Article rent and other payments shall be apportioned as of the termination date. Section 5.2 Eminent Domain. The Landlord reserves and excepts all rights to damages to the Premises and the lease-hold hereby created now accrued or hereafter accruing (not including damages to Tenant's stock in trade, or for interference with Tenant's business and damages to fixtures which the Tenant must remove upon termination of this Lease) by reason of any exercise of the right to Eminent Domain, or by reason of anything lawfully done in pursuance of any public or other authority; and by way of confirmation the Tenant grants to the Landlord all the Tenant's rights to such damages and covenants to execute and deliver such further instruments of assignment thereof as the Landlord may from time to time request. If all the Premises are taken by Eminent Domain this Lease shall terminate and the Tenant is required to vacate the premises. For any partial taking which permits the remaining portion of the Premises to be utilized, the Lease shall remain in full force and effect and there shall be no full or partial abatement of rent. The Tenant, at its expense, shall proceed with all reasonable dispatch, to do such work as may be required to restore the Premises or what remains thereof as nearly as may be to the condition they were in immediately prior to such taking; and the Tenant shall at its expense, proceeding with all reasonable dispatch, do such work to its fixtures, furniture, furnishings, floor coverings and equipment as may be required. 5.3 Release of Landlord. The Tenant agrees that the Landlord will not be liable, in any event, for any act which may result in a loss from fire, providential loss or any other casualty, however caused. ARTICLE VI Defaults by Tenant and Remedies Section 6.1 Tenant's Default. If: (A) Tenant shall fail to pay the Base Rent, Additional Rent, or other charges on/or before the date on which the same becomes due and payable, or (B) Tenant shall fail to perform or observe some term or condition of this Lease which, because of its character, would immediately jeopardize Landlord's interest (such as, but without limitation, failure to maintain public liability insurance or the employment of labor and contractors within the Premises which would interfere with the Landlord's work), or (C) Tenant shall fail to perform or observe any other term or condition contained in this Lease and Tenant shall not commence to cure such failure within thirty days after notice from Landlord to Tenant thereof and promptly and diligently complete the curing of the same, or (D) The estate hereby created shall be taken on execution or by other process of law, or 10 if Tenant shall be judicially declared bankrupt or insolvent according to law, or if any assignment shall be made of the property of Tenant for the benefit of creditors, or if a receiver, guardian, conservator, trustee in involuntary bankruptcy or other similar officer shall be appointed to take charge of all or any substantial part of Tenant's property by a court of competent jurisdiction, or if a petition shall be filed for the reorganization of Tenant under any provisions of the Bankruptcy Act now or hereafter enacted, and such proceeding is not dismissed within sixty (60) days after it is begun, or if Tenant shall file a petition for such reorganization, or for arrangements under any provision of the Bankruptcy Code now or hereafter enacted and providing a plan for a debtor to settle, satisfy or extend the time for the payment of debts, or (E) Tenant, or someone on behalf of Tenant, records this Lease, or (F) The Tenant receives three written Notices of Default in any twelve month period, regardless of whether or not the defaults specified were corrected then, this Lease shall terminate effective upon delivery of a written Notice of Termination to Lessee and Tenant covenants and agrees, notwithstanding termination, to pay and be liable for, on the days originally fixed herein for the payment thereof, amounts equal to the several installments of rent and all other charges reserved as they would, under the terms of this Lease, become due if this Lease had not been terminated, and whether the Premises be relet or remain vacant, in whole or in part, or for a period less than the remainder of the term, and for the whole thereof but, in the event the Premises be relet by Landlord, Tenant shall be entitled to a credit in the net amount of rent received by Landlord in reletting, after deduction of all expenses incurred in reletting the Premises (including, without limitation, legal fees, remodeling costs, brokerage fees and the like), and in collecting the rent in connection therewith, in the following manner: Amounts received by Landlord after reletting shall first be applied against such Landlord's expenses, until the same are recovered, and until such recovery, Tenant shall pay, as of each day when a payment would fall due under this Lease, the amount which Tenant is obligated to pay under the terms of this Lease (Tenant's liability prior to any such reletting and such recovery not in any way to be diminished as a result of the fact that such reletting might be for a rent higher than the rent provided for in this Lease); when and if such expenses have been completely recovered, the amounts received from reletting by Landlord as have not previously been applied shall be credited by Landlord against Tenant's obligations as of each day when a payment would fall due under this Lease, and only the net amount thereof shall be payable by Tenant. Further, amounts received by Landlord for such reletting for any period shall be credited only against obligations of Tenant allocable to such period and shall not be credited against obligations of the Tenant hereunder accruing subsequent or prior to such period; nor shall any credit of any kind be due for any period after the date when the term of this Lease is scheduled to expire according to its terms. Tenant further agrees that, during the remainder of the Term Landlord may perform any of Tenant's obligations pursuant to this lease at Tenant's expense, which costs may be added to the expenses recoverable by Landlord after reletting. 11 It is further agreed that in reletting, Landlord, in its sole discretion may (1) relet the Premises, or any portion thereof, for a term equal to, less than or in excess of the balance of the Term; (2) grant such concessions and free rent as Landlord considers advisable; (3) make such alterations, repairs and improvements to the Premises as Landlord considers advisable; and (4) lease upon such conditions as Landlord considers advisable. No action or inaction of Landlord in accordance with the foregoing and no failure to relet or to collect rent or other payment under reletting shall operate or be construed to release or reduce Tenant's liability as aforesaid. At the election of the Landlord made at any time prior to expiration of the term, Tenant will, upon such termination, pay to Landlord, as damages, such a sum as at the time of such termination represents the amount of the excess, if any, of the then value of the total rent and other benefits which would have accrued to Landlord under this Lease for the remainder of the Term from the date of election if the Lease terms had been fully complied with by Tenant over and above the then cash rental value (in advance) of the Premises from the date of election for the balance of the Term. Such election shall not diminish Landlord's remedies hereunder for periods prior to the date of election. Further, if this Lease shall be guaranteed on behalf of the Tenant, all of the foregoing provisions with respect to bankruptcy of Tenant, etc., shall be treated as reading "Tenant or the guarantor hereof". Without limiting any of Landlord's rights and remedies hereunder, and in addition to all other amounts Tenant is otherwise obligated to pay, it is expressly agreed that Landlord shall be entitled to recover from Tenant all costs and expenses, including reasonable attorneys' fees, incurred by Landlord in enforcing this Lease and Tenant's obligations and covenants hereunder. To the extent permitted by law, Tenant hereby waives any obligation of Landlord to mitigate its damages in the event of such termination. Section 6.2 Late Payments. If any payment due hereunder is not received by Lessor by the date it is due, such payments shall bear interest at a rate of 15% annually from the due date to the date of receipt. Such interest shall be deeded to be additional rent, to be calculated by Landlord. Landlord shall provide Tenant with written notice of the amounts due and such amounts shall be payable on the first day of the first month following receipt. Failure to make timely interest payments, as herein provided, shall also be subject to the interest provisions of this paragraph. Interest due hereunder shall be in addition to and not in lieu of Landlord's other remedies pursuant to this Lease and acceptance by Landlord of interest payments shall not waive Landlord's rights to pursue other remedies, including termination. ARTICLE VII Miscellaneous Provisions Section 7.1 Notices From One Party to the Other. Any notice from Landlord to Tenant or from the Tenant to Landlord shall be deemed duly served if mailed by registered or certified mail addressed, if to Tenant, at the Original Address of Tenant or such other address as Tenant shall have last designated by notice in writing to Landlord, and, if to Landlord, at the Original 12 Address of Landlord or such other address as Landlord shall have last designated by notice in writing to Tenant. The customary receipt shall be conclusive evidence of such service. Alternatively, service may be made by constable served upon the other party at the address hereinabove set forth or by Federal Express or similar overnight delivery service at the stated addresses. Section 7.2 Timeliness of Notices. In any instance where notice is required under any term or provision of this Lease, it is agreed between the parties that time shall be of the essence and that timeliness of all requisite notices shall be deemed of the essence and not subject to waiver. Section 7.3 Lease Not to be Recorded. Tenant agrees that it will not record this Lease. Both parties shall, upon the request of either, execute and deliver a notice of this Lease in such form, if any, as may be permitted by applicable statute. Section 7.4 Limitation of Landlord's Liability. The Landlord shall be liable under this Lease only while owner of the Leased Premises. Except for breach by Landlord of the covenant of quite enjoyment, Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and such failure shall continue for a period of thirty (30) days or such additional time as is reasonably required to correct any such default after written notice has been given by Tenant to Landlord specifying the nature of the alleged default. Tenant agrees that, in the event Tenant obtains any judgment against Landlord by virtue of an alleged default by Landlord under this Lease, Tenant shall be limited to Landlord's interest in the Premises for satisfaction of such judgment. The limitation set forth in the preceding sentence is not intended to, and shall not, limit any right that Tenant may have to obtain injunctive relief against Landlord, or any other action not involving Landlord's monetary liability from assets other than Landlord's interest in the Premises. Section 7.5 Applicable Law and Construction. This Lease shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, and if any provisions of this Lease shall to any extent be invalid, all other provisions shall nevertheless continue in full force and effect. There are no oral or written agreements between Landlord and Tenant affecting this lease. This Lease may be amended only by instrument in writing executed by the Landlord and Tenant. Any and all rights and remedies which Landlord may have under this Lease, and at law and equity, shall be cumulative and shall not be deemed inconsistent with each other, and any two or more of all such rights and remedies may be exercised at the same time insofar as permitted by law. Failure of Landlord to exercise any power given to it hereunder, or to insist upon strict compliance with the provisions of this Lease by the Tenant shall not be construed as a waiver of any subsequent right of a same or similar nature, and no custom or practice of the parties at variance with the terms hereof shall constitute a waiver of Landlord's right to demand exact compliance with the terms hereof. No covenant, term or condition of this Lease shall be deemed to have been waived by Landlord, unless Landlord expressly acknowledges a waiver in writing. The subsequent acceptance of rent or other payment hereunder by Landlord shall not be deemed a waiver or acceptance of any preceding breach by Tenant of any term, covenant or condition of this Lease. Any rent tendered by Tenant in payment of rent in arrears or following termination of this Lease will be 13 accepted for the use and occupancy of the premises only and without waiving, but expressly relying upon, Landlord's rights, including, but not limited to, that of termination and preceding to evict or remove Tenant. No payment by Tenant of a lesser amount than an amount due hereunder shall be deemed to be other than on account of the total amount due, nor shall any endorsement or statement on any check or letter accompanying any check or payment as rent be deemed an accord and satisfaction and Landlord may accept such check or payment without prejudice to Landlord's right to recover the balance of such payment due or exercise any other remedy hereunder. The Landlord shall not be deemed, in any way or for any purpose, to have become, by the execution of this Lease or any action taken thereunder, a partner of the Tenant in its business or otherwise or a joint venturer or a member of any joint enterprise with the Tenant. The titles of several Articles and Sections contained herein are for convenience only and shall not be considered in construing this Lease. Unless repugnant to the context, the words "Landlord" and "Tenant" appearing in this Lease shall be construed to mean those named above and their respective heirs, executors, administrators, successors and assigns, and those claiming through or under them respectively. Whenever the singular is used and when required by the context it shall include the plural, and the neuter gender shall include the masculine and feminine. References to "Landlord" and "Tenant" shall be deemed proper regardless of whether either is an individual, partnership or corporation. If there by more than one tenant the obligations imposed by this Lease upon the Tenant shall be joint and several. * Section 7.6 Acceptance of Premises. Tenant acknowledges that it has fully inspected the demised premises and Tenant hereby accepts the demised premises and the buildings and improvements situated thereon, in an "as is" condition, without any warranties or representations by Landlord and without recourse to Landlord as to the nature, condition or usability thereof, except that Landlord agrees to perform the work set forth on the schedule attached hereto and made a part hereof, if any. Section 7.7 Lease Modification. In the event that the holder of any mortgage or prospective mortgage on the property of which the leased premises are a part, shall request any modification of any of the provisions of this Lease not substantially affecting Tenant's rights, Tenant agrees Tenant will enter into a written agreement in recordable form with such holder or prospective holder, which shall effect such modification and shall provide that such modification shall become effective and binding upon Tenant and shall the same force as an amendment to this Lease in the event of a foreclosure or other similar action taken by such holder or prospective holder. A provision directly relating to the rents payable hereunder, the duration of time hereof, or the size, use or location of the leased premises shall be deemed a provision substantially affecting Tenant's rights. Section 7.8 Assignment by Landlord. This Lease and all rights hereunder may be assigned and transferred by Landlord and, if so, shall be binding upon and inure to the benefit of the Landlord's successors and assigns. COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. Officer's Return, Town of Reading: By virtue of this Warrant, I ______________________________, on ____________, 2024 notified and warned the inhabitants of the Town of Reading, qualified to vote on Town affairs, to meet at the place and at the time specified by posting attested copies of this Town Meeting Warrant, in the following public places within the Town of Reading: Precinct 1 J. Warren Killam School, 333 Charles Street Precinct 2 Reading Police Station, 15 Union Street Precinct 3 Reading Municipal Light Department, 230 Ash Street Precinct 4 Joshua Eaton School, 365 Summer Avenue Precinct 5 Reading Public Library, 64 Middlesex Avenue Precinct 6 Barrows School, 16 Edgemont Avenue Precinct 7 Birch Meadow School, 27 Arthur B Lord Drive Precinct 8 Wood End School, 85 Sunset Rock Lane Town Hall, 16 Lowell Street The date of posting being not less than fourteen (14) days prior to April 22, 2024, the date set for Town Meeting in this Warrant. _____________________________________________ Constable A true copy Attest: _____________________________________________ Laura Gemme, Town Clerk TOWN WARRANT COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. To any of the Constables of the Town of Reading, Greetings: In the name of the Commonwealth of Massachusetts, you are hereby required to notify and warn the inhabitants of the Town of Reading, qualified to vote in the Local Elections and Town affairs, to meet in the following place designated for the eight precincts in said Town, namely: Precincts 1, 2, 3, 4, 5, 6, 7 and 8 Reading Memorial High School, Hawkes Field House, Oakland Road TUESDAY, the FIFTH DAY OF MARCH, A.D., 2024 from 7:00 a.m. to 8:00 p.m. to act on the following Articles, viz: ARTICLE 1 The following Town Officers were elected on March 5, 2024 A Moderator for one year; One member of the Select Board for three years; Two members of the Board of Library Trustees for three years; Two members of the Municipal Light Board for three years; Two members of the School Committee for three years; Each of Reading’s eight (8) precincts will elect eight (8) Town Meeting members for a three-year term. Precinct 1 – One (1) Town Meeting member for a 2-year term Precinct 2 – One (1) Town Meeting member for a 1-year term Precinct 3 – Two (2) Town Meeting members for a 1-year term and to meet at the Reading Memorial High School, 62 Oakland Road, in said Reading on MONDAY, the TWENTY-SECOND DAY of APRIL A.D., 2024 at seven-thirty o’clock in the evening, at which time and place the following Articles are to be acted upon and determined exclusively by Town Meeting Members in accordance with the provisions of the Reading Home Rule Charter. ARTICLE 2 To hear and act on the reports of the Select Board, School Committee, Library Trustees, Municipal Light Board, Finance Committee, Bylaw Committee, Town Manager, Town Accountant and any other Town Official, Board or Committee. Select Board ARTICLE 3 To choose all other necessary Town Officers and Boards or Committees and determine what instructions shall be given to Town Officers and Boards or Committees, and to see what sum the Town will vote to appropriate by borrowing or transfer from available funds, or otherwise, for the purpose of funding Town Officers and Boards or Committees to carry out the instructions given to them, or take any other action with respect thereto. Select Board ARTICLE 4 To see if the Town will vote to amend the FY 2024-34 Capital Improvements Program as provided for in Section 7-7 of the Reading Home Rule Charter and as previously amended, or take any other action with respect thereto. Select Board ARTICLE 5 To see if the Town will vote to amend the Town’s Operating Budget for the Fiscal Year commencing July 1, 2023, as adopted under Article 12 of the Annual Town Meeting of April 24, 2023 and amended under Article 4 of the Subsequent Town Meeting of November 13, 2023; and to see if the Town will vote to raise and appropriate, borrow or transfer from available funds, or otherwise provide a sum or sums of money to be added to the amounts appropriated under said Article, as amended, for the operation of the Town and its government, or take any other action with respect thereto. Finance Committee ARTICLE 6 To see if the Town will vote to raise and appropriate, transfer from available funds, borrow or otherwise provide a sum or sums of money to pay bills remaining unpaid from prior fiscal years for goods and services actually rendered to the Town, or take any other action with respect thereto. Select Board ARTICLE 7 To see if the Town will vote to raise and appropriate, transfer from available funds, borrow or otherwise provide a sum or sums of money for the purpose of funding the irrevocable trust for “Other Post-Employment Benefits Liabilities”, or take any other action with respect thereto. Select Board ARTICLE 8 To see if the Town will vote to transfer funds received from the Commonwealth of Massachusetts in payment for development within the Town’s 40R Smart Growth Zoning Districts from Free Cash into the Smart Growth Stabilization Fund, or take any other action with respect thereto. Select Board ARTICLE 9 To see if the Town will vote to raise and appropriate, borrow, transfer from available funds, including the reallocation of funds from the Parker Roof Project borrowing authorized under Article 14 of the 2021 Annual Town Meeting, or otherwise provide a sum or sums of money for the purpose of installing a new replacement fire alarm panel at Coolidge Middle School, including the costs of installation, consulting services, plans, documents, bidding services and all related expenses incidental thereto and necessary in connection therewith, said sum to be expended under the Town Manager, or take any other action with respect thereto. Select Board Article 10 To see if the Town will vote to take the following actions: a) Raise and appropriate, borrow, transfer from available funds, including the reallocation of funds from the Parker Roof Project borrowing authorized under Article 14 of the 2021 Annual Town Meeting, or otherwise provide a sum or sums of money for the purpose of designing a new floor at the Reading Memorial High School Field House, including the cost of consulting services, plans, documents, cost estimates, bidding services and all related expenses incidental thereto and necessary in connection therewith, said sum to be expended under the direction of the Town Manager; and b) Raise and appropriate, borrow, transfer from available funds, or otherwise provide a sum or sums of money for the purposes of making improvements, including full replacement of the floor at the Reading Memorial High School Field House, including the costs of installation, construction, consulting services, audits, plans, documents, cost estimates, bidding services and all related expenses incidental thereto and necessary in connection therewith, said sum to be expended by and under the direction of the Town Manager; and, for the purpose of meeting such appropriation, authorize the Town Treasurer, with the approval of the Select Board, to borrow said sum in accordance with G.L. c. 44, §7(1), or any other enabling authority, or take any other action with respect thereto. Select Board ARTICLE 11 To see if the Town will vote to (1) establish the limit on the total amount that may be expended from each revolving fund established by Article 9 of the Town of Reading General Bylaw pursuant to Section 53E½ of Chapter 44 of the Massachusetts General Laws for the fiscal year beginning July 1, 2024; and (2) amend Section 6.5.2 of the General Bylaw, establishing the Inspection Revolving Fund, as shown below, with the deletions being in bold and struck through: 6.5.2 Inspection Revolving Fund Funds held in the Inspection Revolving Fund shall be used for legal costs, oversight and inspection, plan review, property appraisals and appeals, public services general management, pedestrian safety improvements, records archiving, and other costs related to building, plumbing, wiring, gas, and other permits required for large construction projects and shall be expended by the Town Manager. Receipts credited to this fund shall include building, plumbing, wiring, gas and other permit fees for Johnson Woods, Eaton Lakeview (23-25 Lakeview Avenue and 128 Eaton Street), 258 Main Street, 531 Main Street (Chronicle 40R), 18-20 Woburn Street (40R), 6-16 Chute Street (Green Tomato), 25 Haven Street (Rite Aid), 413 Main Street (McDonald’s), 431 Main Street (Chase Bank), and 459 Main Street (128 Tire) developments. Or take any other action with respect thereto. Select Board ARTICLE 12 To see if the Town will vote to raise and appropriate, transfer from available funds, borrow or otherwise provide a sum or sums of money for the operation of the Town and its government for Fiscal Year 2025 - beginning July 1, 2024, or take any other action with respect thereto. Finance Committee ARTICLE 13 To see if the Town will vote to raise and appropriate, borrow, transfer from available funds, or otherwise provide a sum or sums of money for the purpose of developing a zoning plan compliant with the requirements of G. L. c.40A, §3A, so called the "MBTA Communities Act", including the hiring of consultants, the preparation of plan documents, and the distribution of relevant information, and all related expenses incidental thereto and necessary in connection therewith, said sum to be expended under the direction of the Town Manager, or take any other action with respect thereto. Select Board ARTICLE 14 To see if the Town will vote to raise and appropriate, borrow, transfer from available funds or otherwise provide a sum or sums of money to pay the costs of infrastructure improvements to the Haven Street Infrastructure Project, including replacement of roadway, sidewalks, and related improvements, including the payment of any and all other costs incidental and related thereto, said sum to be expended under the direction of the Town Manager; and, for the purpose of meeting such appropriation, authorize the Town Treasurer, with the approval of the Select Board, to borrow said sum in accordance with G.L. c. 44, §7(1), or any other enabling authority, or take any other action with respect thereto. Select Board ARTICLE 15 To see if the Town will vote to authorize the Select Board to grant an easement to the Reading Municipal Light Department to install, construct, reconstruct, repair, replace, add to, inspect, maintain, and operate for the transmission of high and low voltage electric current and for the transmission of intelligence, overhead lines and all necessary equipment and appurtenances thereto, and an underground electric distribution system consisting of lines of buried wires and cables and lines of wires and cables installed in underground conduits, together with all equipment and appurtenances thereto for the transmission of intelligence and for the furnishing of electric service, on a portion of 160 Hopkins Street (Assessor’s Parcel 8-0061), or take any other action with respect thereto. Select Board ARTICLE 16 To see if the Town will vote, pursuant to Section 2-6 of the Reading Home Rule Charter, to declare the seats of certain Town Meeting Members to be vacant and remove certain described persons from their position as Town Meeting Members for failure to take the oath of office within 30 days following the notice of election or for failure to attend one-half or more of the Town Meeting sessions during the previous year, or take any other action with respect thereto. Select Board and you are directed to serve this Warrant by posting an attested copy thereof in at least one (1) public place in each precinct of the Town not less than fourteen (14) days prior to April 22, 2024, or providing in a manner such as electronic submission, holding for pickup or mailing, an attested copy of said Warrant to each Town Meeting Member. Hereof fail not and make due return of this Warrant with your doings thereon to the Town Clerk at or before the time appointed for said meeting. Given under our hands this __th day of ___________, 2024. _______________________ Jacqueline McCarthy, Chair _______________________ Mark L. Dockser, Vice Chair _______________________ Karen Gately Herrick, Secretary _______________________ Carlo Bacci _______________________ Chris Haley SELECT BOARD OF READING _______________________________ , Constable Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Facilities - General/CORE 545,000 135,000 105,000 105,000 690,000 1,019,500 50,000 50,000 130,000 50,000 50,000 2,384,500 Facilities - School Buildings 163,000 - 145,000 110,000 100,000 - 80,000 875,000 1,100,000 - - 2,410,000 Facilities - Town Buildings - - - 144,000 30,000 - - - - - - 174,000 Public Schools - General 175,000 180,000 135,000 197,000 160,000 635,000 160,000 160,000 200,000 210,000 160,000 2,197,000 Administrative Services 100,000 555,000 100,000 130,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 2,135,000 Finance - - - - - - - - - 600,000 - 600,000 Public Library 10,000 - 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 90,000 Public Services - - - - - 670,000 - 600,000 800,000 210,000 - 2,280,000 Public Safety - Fire/EMS 276,000 - 1,200,000 560,000 580,000 71,000 2,005,000 350,000 - 695,000 - 5,461,000 Public Safety - Police/Dispatch - 50,000 - 275,000 - - 30,000 - 210,000 500,000 - 1,065,000 Public Works - Equipment 1,935,000 375,000 305,000 654,500 833,000 444,500 130,000 1,155,000 745,000 - - 4,642,000 Public Works - Parks & Cemetery 575,000 515,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 - 2,915,000 Public Works - Roads 985,000 1,225,000 625,000 783,000 895,000 910,000 910,000 981,000 975,000 950,000 950,000 9,204,000 TOTAL CAPITAL REQUESTS 4,764,000 3,035,000 2,925,000 3,268,500 3,748,000 4,210,000 3,825,000 4,631,000 4,620,000 3,675,000 1,320,000 35,557,500 Net Revenues (000s)115,126 119,809 122,854 127,304 131,890 135,847 139,922 144,120 148,443 152,897 157,484 less excluded debt (2,686) (1,280) - - - - - - - - - Baseline for FINCOM Policy 112,440 118,529 122,854 127,304 131,890 135,847 139,922 144,120 148,443 152,897 157,484 FINCOM policy: 5% debt + capital 5,622,000 5,926,450 6,142,700 6,365,200 6,594,500 6,792,335 6,996,105 7,205,988 7,422,168 7,644,833 7,874,178 68,964,457 - Net Included Debt 3,358,044 3,539,038 3,213,775 3,096,600 2,844,725 2,587,150 3,175,850 2,569,350 2,482,200 1,813,150 1,671,200 26,993,038 FINCOM Target Capital Funding 2,263,956 2,387,412 2,928,925 3,268,600 3,749,775 4,205,185 3,820,255 4,636,638 4,939,968 5,831,683 6,202,978 41,971,419 Original Funding Voted or Proposed 2,246,306 2,387,412 2,925,000 3,268,500 3,748,000 4,210,000 3,825,000 4,636,638 4,939,968 5,831,683 6,202,978 41,975,179 Additional temp funding 691,694 647,588 647,588 Emergency cuts - Additional Funding Sept TM - Additional Funding Nov TM 1,531,000 - Additional Funding April TM 295,000 - TOTAL CAPITAL REQUESTS 4,764,000 3,035,000 2,925,000 3,268,500 3,748,000 4,210,000 3,825,000 4,631,000 4,620,000 3,675,000 1,320,000 41,587,500 Capital & Debt Policy 6.96%5.55%5.00%5.00%5.00%5.00%5.00%5.00%5.00%5.00%5.00% Annual Surplus (Deficit)- - - - - - - 5,638 319,968 2,156,683 4,882,978 Cumulative Surplus (Deficit)- - - - - - - 5,638 325,606 2,482,289 7,365,267 Capital Projects Identified but there is no proposed funding yet in the Capital Plan (shading/boldcrossout indicates a change from last Town Meeting)1. RMHS Ropes course2. RMHS Fldhouse floor/bleachers3. Wood End field repairs4. Artificial Turf@Parker MS 5. BM Master Plan up to $10mil. in total A. Support & General Circulation $750k-$1.2mil C. Softball/Multi purpose new turf field $3.2-3.6mil A. Imagination Station Parking $450-550k C. Coolidge Field turf $2.2-2.4 mil. (incr from $1.4mil) A. Lacrosse Wall $100-150k $1.5 mil ARPA funding awarded in FY23 for Phase I $2.4 mil now proposed as debt funding in FY25 for Phase II Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 6. Killam Building project TBD Excluded Debt - Killam Field improvements, drainage, repaving ($350k HOLD for Killam project) 7. Senior/Community Center TBA Excluded Debt if >$5mil (Options are being explored) 8. DPW Bldg improvements (scope changed) 9. Community projects (no formal capital requests yet) Legend: xDebt has been approved by the voters as excluded from the Prop 2-1/2 levy; debtni has been authorized by Town Meeting but not yet issued; debtna has not yet been authorized by Town Meeting Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Facilities - CORE 545,000 135,000 105,000 105,000 690,000 1,019,500 50,000 50,000 130,000 50,000 50,000 2,941,500 Energy (Performance Contract) $4.95mil debt Debt Debt - Energy Improvements II OPM/Design - Energy Improvements II $5.0mil/15yr Debt Debt Debt Debt Debt Debt Debt Debt Debt Debt - Energy (Green Repairs) $1.05mil debt - Bldg Security - $4.0mil debt Debt Debt Debt Debt Debt Debt Debt - Bldg Sec. - window film (schools)- Permanent Bld Committee 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 500,000 RMHS Building project ~$55mil debt xDebt - RMHS Bldg proj - $6 mil Litig. some debt Debt Debt Debt Debt - RMHS Retaining Wall - $0.5mil debt - RMHS Turf 2 - $2.225 mil debt Debt Debt Debt Debt Debt Debt Debt - RMHS Stadium OPM/Design - RMHS Glycol Reclamation & Installation 200,000 - RMHS Stadium Turf/Track $3 mil/10yr Debt Debt Debt Debt Debt Debt Debt Debt Debt - RMHS Ropes Course 97,500 97,500 RMHS/RISE playground design - RMHS/RISE playground improvements - RMHS Fldhouse floor/bleachers $1.9 mil TBD debt ($200K design; $1.7mil project )200,000 Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna - Parker MS roof project OPM/design - Parker MS Roofing project $2.7mil/10yr Debt Debt Debt Debt Debt Debt Debt Debt Debt - Coolidge Alarm Panel 95,000 - Coolidge MS roof project design 450,000 450,000 Coolidge MS Roofing project $3.7mil/10yr Debtna Debtna Debtna Debtna Debtna - Modular Classrooms $1.2m debt Debt - Killam Building project TBD xDebt xDebt xDebt xDebt xDebt xDebt xDebt xDebt xDebt - Barrows/Wd End Bldg projects $0.8mil debt xDebt - Barrows/Wd End Bldg projects debt Debt - Birch Meadow ES roof project design 230,000 230,000 Birch Meadow Roofing project $1.9 mil/10yr Debtna Debtna Debtna Debtna - Library Building project $18.4 mil debt xDebt xDebt - Police Sta. project $1.5mil/10yr Debt Debt Debt Debt Debt Debt Debt Debt Debt - Town Hall Roofing project $520k 520,000 520,000 Police Sta. Antena System Grant - Main St. Fire Sta Roofing project $225k - Community Center TBA xDebt if >$5mil - DPW Bldg project TBD - Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Electrician Van Ford E350 Econoline (2014)55,000 55,000 Carpenter's Pickup Ford F-350 (2013)55,000 55,000 Carpenter's Cut-away Van (2017)60,000 60,000 Plumber's Cut-away Van (2017)57,000 57,000 Pickup Truck Chevy 2500HD (2016)65,000 65,000 Pickup Truck Chevy 2500HD (2017)65,000 65,000 Van E350 Econoline (2006)- 2021 Bobcat L28 Mini Loader (10 years)80,000 80,000 Bobcat Skid S130 (2008)65,000 65,000 Bobcat Utility 3650 - snowplow (2013)85,000 85,000 Buildings - Schools (Total)163,000 - 145,000 110,000 100,000 - 80,000 875,000 1,100,000 - - 2,588,000 Arc Flash Hazard Study 163,000 105,000 268,000 HVAC - Elementary schools Barrows -> 80,000 775,000 855,000 design(yr1)/project(yr2)Wood End ->100,000 1,100,000 Carpet/Flooring 70,000 60,000 130,000 Doors & Windows 40,000 40,000 40,000 120,000 Wood End Water Heater - Coolidge Water Heater - Parker Water Heater - Parker Carpet/Flooring 15,000 Buildings - Town (Total)- - - 144,000 30,000 - - - - - - 189,000 Arc Flash Hazard Study 144,000 144,000 Carpet/Flooring 30,000 30,000 Doors & Windows 15,000 Police Station Water Heater - Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Schools - General 175,000 180,000 135,000 197,000 160,000 635,000 160,000 160,000 200,000 210,000 160,000 2,322,000 Food Service Van E-250 (2014)52,000 52,000 Driver's Education Vehicle (2014)45,000 45,000 Card readers for all the schools 65,000 Vehicle Barriers for all schools 475,000 Bob Utility UV34 (2021)50,000 Courier Vehicle (2019)40,000 40,000 District-wide Telephone systems 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 110,000 Design for Technology wiring projects - District-wide Technology Wiring projects - District-wide Technology projects 100,000 125,000 125,000 135,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,485,000 Technology 100,000 555,000 100,000 130,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,885,000 Water Tank Town telco equip replace/relocate - Remote access multi factor authentication - Internal segmentation firewall - CAD System (Computer Aided Dispatch)455,000 455,000 GIS flyover - planimetrics - Technology projects 100,000 100,000 100,000 130,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 1,430,000 Finance - - - - - - - - - 600,000 - 600,000 Financial System 600,000 600,000 Library 10,000 - 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 100,000 Equipment 10,000 - 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 110,000 Public Services - - - - - 670,000 - 600,000 800,000 210,000 - 2,365,000 Maillett Sommes Morgan $1.0mil/10yrs Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna - Downtown Improvements II $4.0mil/ 20yrs Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna - Downtown Improvements II $3.75 mil Bond Bill - Downtown Energy Efficient projects - PARC: Kiosks(4) handheld devices(2) Land Use planning (CC & Symonds)- Sr/Community Center planning - Parks & Fields space study - Rehab Playgrounds Program 25,000 B Mdw Killam Sturges - Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Birch Meadow Master Plan - Birch Meadow Master Plan Design - Phase 1 $2.3 mill ($1.5mil ARPA grant & $800k debt) Support & general Circulation $750k-$1.2mil Imagination Station Parking $450-550k Phase 2 $2.14mil/10yr debt Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna Debtna - Lacrosse Wall $100-150k - Tennis Courts, Playground, Parking $800k-$1.0mil - Basketball Courts $500-650k - Phase 3 $1.6mil/10yr debt Morton Field improvements $600-950k - Castine Field $75-100k - Higgins Farm Conserv Area $100-150k - Birch Meadow Drive Improvements $250-400k - Phase 4 $6.0mil/10yr debt Softball/Multi purpose new turf field $3.2-3.6mil - Coolidge Field turf $2.2-2.4 mil.- Artificial Turf@Parker MS (replace) moved $800k to 2032 800,000 800,000 Barrows Tennis court repairs 125,000 125,000 Barrows Basketball court repairs 100,000 100,000 Barrows Replace backstop & repair infield 125,000 125,000 Killam Field improve, drainage, repaving ($350k) held for Killam project decision - Wood End Field Repairs 325,000 325,000 (*) below indicates $950k in state bond bill details TBA ($805k identified below)- *Wash Pk:Replace backstop & shift field 150,000 150,000 *Wash Pk:Walking Paths 100,000 100,000 *Mem Pk: Replace Band Stand 50,000 50,000 *Mem Pk:Court resurface 20,000 20,000 *Symonds:Replace backstop 150,000 150,000 *Hunt Pk:Replace backstop 125,000 125,000 Sturges Pk:Tennis court repairs 75,000 105,000 Sturges Pk:Basketball court repairs 85,000 115,000 Sturges Pk:Backstop repairs 50,000 50,000 Public Safety - Fire/EMS 276,000 - 1,200,000 560,000 580,000 71,000 2,005,000 350,000 - 695,000 6,237,000 Ladder Trk #1 (2008: $800k, next FY22) (15 years)126,000 126,000 Ladder Truck & Equipment - Pumper Eng #1 (2010-$525k; next FY30)1,400,000 1,400,000 Pumper Eng #2 (2007-$410k; next FY25)1,150,000 1,150,000 Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Pumper Eng #3 (2016 $630k; next FY36)- Pumper Eng #4 (2020 $800k; next FY40)- Ambulance #1 (2017- 10 yrs)500,000 500,000 Ambulance #2 (2010 - 10yrs) & equip 575,000 975,000 Ambulance equipment 45,000 45,000 90,000 Passenger Car#1 (2022 - 10yrs)75,000 140,000 Passenger Car#2 (2024 - 10yrs)65,000 75,000 65,000 Passenger Car#3 (2019 - 10yrs)71,000 71,000 Passenger Car#4 (2024 - 10yrs)85,000 85,000 Pickup Truck #1 (2019 - 12yrs)85,000 85,000 Pickup Truck #2 (2012 - 12yrs)80,000 80,000 Alarm Truck (1994 - 20yrs)- ALS Defibrillator (2019 - 7yrs)50,000 50,000 100,000 BLS AEDs (2020-8yrs)25,000 30,000 55,000 Rescue Tool 60,000 60,000 Breathing Apparatus (2017-12yrs)400,000 400,000 Breathing Air Compressor - Breathing Air Bottles 30,000 30,000 CPR Compression Device 20,000 20,000 Thermal Imaging (2018 - 10yrs)60,000 60,000 Fire Hose 40,000 75,000 Multigas meters 20,000 20,000 Turnout Gear (2022 - 5yrs)300,000 350,000 650,000 Public Safety - Police/Dispatch - 50,000 - 275,000 - - 30,000 - 210,000 500,000 1,145,000 Police Unmarked Vehicle 50,000 50,000 50,000 150,000 Police equipment (tasers) (7 years)160,000 160,000 Firearms Replacement (12 years)120,000 80,000 Video Integration 200,000 200,000 Radios (Police & Fire 2022 - 12yrs)500,000 500,000 AEDs 25,000 30,000 55,000 Public Works - Equipment 1,935,000 375,000 305,000 654,500 833,000 444,500 130,000 1,155,000 745,000 - 7,161,000 Large Trucks Life 480,000 - 305,000 310,000 200,000 340,000 - 1,010,000 495,000 - 3,140,000 C-03 Dump Truck C3 (2016)10 75,000 75,000 C-04 Dump Truck C2 (2012)10 70,000 70,000 H-05 Small Dump Truck #7 (2012)10 65,000 65,000 H-06 Aerial Pickup Truck #14 (2017)- H-07 Truck #10 (2018)15 240,000 240,000 H-08 Truck #9 - Sander (2017)15 250,000 250,000 H-09 Truck #8 - 10 wheeler (2016)15 245,000 245,000 H-10 Truck #22 -Sander (2015)240,000 240,000 Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 H-11 Truck #4 - Sander (2014)15 235,000 235,000 H-12 Truck #16 - Sander (2011)15 220,000 220,000 H-14 Truck #3 - Sander (2010)15 215,000 215,000 H-15 Truck #5 (2008)15 200,000 200,000 H-16 Truck # 7 (2008)240,000 240,000 H-17 Truck # 11 (2008)15 240,000 240,000 H-18 Truck #19 - Sander (2007)15 240,000 240,000 H-19 Truck #18 - Sander (2006)15 240,000 240,000 P-03 Dump truck #24 Parks (2017)15 65,000 - 65,000 P-04 Dump truck #12 Parks (2015)15 60,000 60,000 Pick-ups/Cars/Vans 235,000 125,000 - 54,000 176,000 62,000 130,000 - - - 782,000 C-02 Pickup Ford Utility #C1 (2014)10 60,000 60,000 C-06 Cem. #4 Ford Sedan (2006)10 45,000 45,000 CAR 1 Ford Escape (2016)54,000 54,000 CAR 2 Car #3 Ford Escape HYBRID (2008)10 55,000 55,000 E-01 Chevy Traverse (2019)- F-02 Pickup Chevy #9 Parks (2011)10 100,000 100,000 H-01 Pickup #16 (2015)62,000 62,000 H-02 Pickup #18 (2006)80,000 80,000 H-03 Pickup #4 (2020)70,000 70,000 H-04 Pickup Ford Utility #11 (2014)67,000 67,000 M-02 Pickup #1 (2020)- PFC-01 Ford Escape (2017)59,000 59,000 P-02 Pickup Ford #2 Parks (2015)10 50,000 50,000 Pickup for P/F/C Supervisor 80,000 80,000 Backhoes/Loaders/Heavy Equipment 280,000 - - - 80,000 - - - - - 360,000 C-07 Backhoe Loader (2020)10 - H-20 Loader JD 624 (2020)10 - H-21 Loader JD 624 (2017)10 - Loader to replace Sicard 280,000 280,000 H-22 Backhoe JD 710L HWY (2020)10 - H-23 Bobcat Loader (2015)10 - P-05 Ventrac tractor (2020)10 - P-06 Tractor JD4520 (Parks) (2012)15 80,000 80,000 Specialty Equipment - Heavy Duty - 250,000 - - 343,000 - - - - - 988,000 F-04 Bucket Truck #21 Forestry (2009)15 - F-05 Chipper/LoaderTruck #23 (2008)15 210,000 H-24 Forklift (2016)- Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 H-25 Crawler Dozer (2003)- H-26 Snow Primoth SW4S (2016)15 113,000 113,000 H-27 Snow Trackless (2015)15 180,000 180,000 H-28 Snow Holder #1 c992 (2015)15 185,000 H-29 Snow Holder #2 c480 (2013)15 - H-31 Leeboy Pavement Sprd (2014)10 - H-32 Hamm Roller, Large (2014)- H-33 Hamm Roller, Small (2016)50,000 50,000 H-34 Leeboy Roller, Small (1998)- H-41 Screener (2018)15 - Blower unit for Loader 250,000 250,000 W-23 Sicard HD Snowblower (1999)- Specialty Equipment - Light Duty 916,000 - - 80,000 10,000 - - 145,000 250,000 - 1,440,000 C-14 SmithCo 48" Sweeper (2012)10 30,000 30,000 C-15 SKAG Leaf Vac (Cem) (2015)10 25,000 25,000 C-16 Carmate Trailer (2019)20,000 20,000 C-17 Big Tex Trailer (2013)10,000 10,000 F-06 Vemeer Chipper (2018)225,000 225,000 F-08 Stump Grinder new (2021) (replace 20 yrs)20 - F-09 Trailer Dump Trailer (2015)50,000 50,000 F-10 Truck Mount Sprayer 500gal (2015)20,000 20,000 H-35 Tack Machine for Paving (2004)- H-36 Curb-builder for Paving (2010)- H-37 HotBox for Paving (2020)- H-38 Cement Mixer Tow Behind (2005)- H-39 Mobile Compressor (1) (2019)10 - H-40 Mobile Compressor (2) (2020)- H-42 Trailer (2012)- H-43 Trailer, Roller (1998)- H-44 Eager beaver Trailer #2 (1996)- P-11 Smithco SuperStar (2016)30,000 30,000 P-12 Smithco 60 Turf Sweeper (2016)40,000 40,000 P-13 Sweeper/Blower/Mower (1985)15,000 P-14 Leaf Vac SKAG (2016)25,000 25,000 P-15 Trailer (2016)10,000 10,000 Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 P-16 Trailer (2013)16,000 16,000 P-17 Trailer (stump grinder)24,000 P-18 Trailer Enclosed (2007)- R-01 Rubbish Barrells for automated pickup 900,000 900,000 Lawnmowers 24,000 - - 210,500 24,000 42,500 - - - - 451,000 C-08 Mwr SKAG TT #2 (2017)24,000 24,000 C-09 Mwr (Cem.) SKAG 48" (2016)12,500 12,500 C-10 Mower SKAG 61" (2008)24,000 24,000 C-11 Mwr (Cem.) Scag 52" Stander (2021)10,000 10,000 C-12 Mwr SKAG 36" (2012)12,500 12,500 C-13 Mwr SKAG TT 61" #3 (2011)24,000 24,000 P-07 Mwr SKAG TT #5 (2017)24,000 24,000 P-08 Mwr SKAG 20,000 20,000 P-09 Mwr (Pks) TORO 5910N (2014)150,000 150,000 P-10 Mower - TORO Gang (2007)150,000 DPW: Parks & Cemetery 575,000 515,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 3,690,000 Gen'l Fence Replacement 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 550,000 DPW Yard Improvements - Strout Avenue Improvements - School Site Improvements - Birch Meadow (parking lots, sidewalks, walkways)215,000 215,000 Field, Playground and Court Improvements 200,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 1,100,000 Rock Wall repairs - Memorial Park 100,000 Rock Wall Repair Program 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 1,000,000 Rock Wall repairs - Laurel Hill - Rock Wall repairs - Joshua Eaton - Grove Street Parking Lot Improvements 200,000 Gen'l Parking Lot Improvements 25,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 525,000 DPW: Roads - Track Road Bridge #1 - Track Road Bridge #2 grant funded TBD - Salem Street Crosswalk Improvements 40,000 40,000 Salem and Main Traffic Signal Improvements 20,000 20,000 Sidewalk/Curb/Ped. Safety 100,000 100,000 100,000 125,000 150,000 175,000 175,000 200,000 200,000 200,000 200,000 1,625,000 Skim Coating & Crack Seal Patch 100,000 100,000 100,000 125,000 150,000 175,000 175,000 200,000 200,000 200,000 200,000 1,625,000 West Street - Local shr ($1.3mil)Debt Debt - Lowell Street $500k + $600k 600,000 1,100,000 General Fund - various roads 725,000 425,000 425,000 533,000 595,000 560,000 560,000 581,000 575,000 550,000 550,000 5,954,000 TOTAL GENL FUND VOTED - ROADS 985,000 1,225,000 625,000 783,000 895,000 910,000 910,000 981,000 975,000 950,000 950,000 10,364,000 Grants - various roads 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 6,600,000 TOTAL ROAD CAPITAL 1,585,000 1,825,000 1,225,000 1,383,000 1,495,000 1,510,000 1,510,000 1,581,000 1,575,000 1,550,000 1,550,000 16,964,000 Capital Improvement Plan (CIP) 2/1/2024 15:40 FY-2024 FY-2025 FY-2026 FY-2027 FY-2028 FY-2029 FY-2030 FY-2031 FY-2032 FY-2033 FY-2034 FY25-34 Biggest Changes in Capital since November 2023 Town Meeting Concerns Killam ES - any costs not Excluded debt should be identified very soon 2. downtown improvments/Haven Street ($7 mil identified; $5mil in state bond bill) Town of Reading Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Debt Service Schedule FY - 2024 FY - 2025 FY - 2026 FY - 2027 FY - 2028 FY - 2029 FY - 2030 FY - 2031 FY - 2032 FY - 2033 FY - 2034 FY - 2035 FY - 2036 FY - 2037 FY - 2038 FY - 20392/1/24 15:42General Fund:6,044,156 4,818,738 3,213,775 3,096,600 2,844,725 2,587,150 3,175,850 2,569,350 2,482,200 1,813,150 1,671,200 1,409,000 1,201,500 1,172,500 856,400 833,200 Principal 5,215,000 3,904,000 2,374,000 2,369,000 2,229,000 2,074,000 2,629,000 2,124,000 2,124,000 1,524,000 1,434,000 1,220,000 1,050,000 1,050,000 760,000 760,000 Within Levy Limit 2,687,200 2,669,000 2,374,000 2,369,000 2,229,000 2,074,000 2,629,000 2,124,000 2,124,000 1,524,000 1,434,000 1,220,000 1,050,000 1,050,000 760,000 760,000 Excluded Debt 2,527,800 1,235,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Interest 829,156 914,738 839,775 727,600 615,725 513,150 546,850 445,350 358,200 289,150 237,200 189,000 151,500 122,500 96,400 73,200 Within Levy Limit 670,844 870,038 839,775 727,600 615,725 513,150 546,850 445,350 358,200 289,150 237,200 189,000 151,500 122,500 96,400 73,200 Excluded Debt 158,312 44,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Within Levy Limit 3,358,044 3,539,038 3,213,775 3,096,600 2,844,725 2,587,150 3,175,850 2,569,350 2,482,200 1,813,150 1,671,200 1,409,000 1,201,500 1,172,500 856,400 833,200 Issued 3,358,044 2,818,038 2,513,475 2,162,000 1,939,325 1,710,950 1,636,850 1,072,750 1,028,000 401,350 301,800 296,000 120,200 292,900 0 0 Approved not issued (ANI)0 321,000 310,300 299,600 288,900 278,200 267,500 256,800 246,100 235,400 224,700 0 0 0 0 0 Not yet approved (NYA)0 400,000 1,026,500 1,253,000 1,216,000 1,179,000 1,834,000 1,783,800 1,733,600 1,683,400 1,633,200 #REF!1,371,300 1,159,600 1,126,400 833,200 Excluded Debt 2,686,112 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Issued 2,686,112 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Approved not issued (ANI) Not yet approved (NYA) Debt Summary Inside Tax Levy 3,358,044 3,534,238 3,209,075 3,091,900 2,840,025 2,582,850 3,171,350 2,564,650 2,477,700 1,810,850 1,671,200 1,409,000 1,201,500 1,172,500 856,400 833,200 Energy/Safety Improvements 1,242,831 1,196,813 831,875 803,125 774,375 740,750 712,250 340,750 327,700 317,550 310,300 304,500 298,700 292,900 0 0 School Buildings 1,477,713 1,005,575 1,224,525 1,175,100 990,925 952,275 1,600,725 1,397,175 1,354,100 847,900 826,200 804,500 612,800 599,600 586,400 573,200 Town Buildings 182,250 175,750 164,375 158,125 151,875 145,625 139,375 133,125 127,500 0 0 0 0 0 0 0 Community Improvements 455,250 1,156,100 988,300 955,550 922,850 744,200 719,000 693,600 668,400 645,400 534,700 300,000 290,000 280,000 270,000 260,000 Excluded From Tax Levy 2,686,112 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Energy/Safety Improvements 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 School Buildings 1,357,012 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Town Buildings 1,329,100 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Community Improvements 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Town of Reading Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Debt Service Schedule FY - 2024 FY - 2025 FY - 2026 FY - 2027 FY - 2028 FY - 2029 FY - 2030 FY - 2031 FY - 2032 FY - 2033 FY - 2034 FY - 2035 FY - 2036 FY - 2037 FY - 2038 FY - 20392/1/24 15:42 Principal + Interest Within Levy Limit 3,358,044 3,539,038 3,213,775 3,096,600 2,844,725 2,587,150 3,175,850 2,569,350 2,482,200 1,813,150 1,671,200 1,409,000 1,201,500 1,172,500 856,400 833,200 Issued 3,358,044 2,818,038 2,513,475 2,162,000 1,939,325 1,710,950 1,636,850 1,072,750 1,028,000 401,350 301,800 296,000 120,200 292,900 0 0 Approved not issued (ANI)0 321,000 310,300 299,600 288,900 278,200 267,500 256,800 246,100 235,400 224,700 0 0 0 0 0 Not yet approved (NYA)0 400,000 390,000 635,000 616,500 598,000 1,271,500 1,239,800 1,208,100 1,176,400 1,144,700 1,113,000 1,081,300 879,600 856,400 833,200 Bldng Security $4mil/10yr 446,100 427,000 413,000 399,000 385,000 371,000 357,000 Bldg Energy Improv I $5m/15yr 348,356 336,188 Bldg Energy Improv II $5m/15yr 448,375 433,625 418,875 404,125 389,375 369,750 355,250 340,750 327,700 317,550 310,300 304,500 298,700 292,900 Killam Green Repair Birch Mdw Green Repair RMHS Turf II $2.225mil/10yr 201,400 195,000 188,600 182,200 175,800 169,400 158,100 RMHS Turf I $3.0mil/10yr 359,625 346,875 334,125 321,375 303,750 291,250 278,750 266,250 255,000 RMHS Fieldhouse $1.7mil/10yrs 255,000 246,500 238,000 229,500 221,000 212,500 204,000 195,500 187,000 178,500 Moved up 2 yrs RMHS/TLT $1.5mil/10yr 156,600 151,200 145,800 140,400 RMHS Ret. Wall $500k/5yr Parker MS Roof $2.7mil/10yr 324,000 312,500 301,000 284,625 273,375 262,125 250,875 239,625 229,500 Coolidge MS Roof $2.9mil/10yr 457,000 448,300 439,600 430,900 422,200 413,500 404,800 396,100 387,400 378,700 move out 5yrs Birch Mdw ES roof $1.5mil/10yr 235,000 230,500 226,000 221,500 217,000 212,500 208,000 203,500 199,000 194,500 move out 5yrs ES Mod. class $1.2 mil/8yr 153,000 Barrows/Wd End®29,942 Wood End®135,938 Barrows®117,208 Police Sta Improve $1.5mil/10yr 182,250 175,750 164,375 158,125 151,875 145,625 139,375 133,125 127,500 West St. $1.3 mil 140,400 135,200 Comm. Sustainability $1.0mil/10yr 135,100 129,400 124,700 120,000 115,300 106,000 101,500 96,800 92,300 90,000 0 Ec Dev Dwntn II $4.0mil/20yr 400,000 390,000 380,000 370,000 360,000 350,000 340,000 330,000 320,000 310,000 300,000 290,000 280,000 270,000 260,000 $5m bond bill 0 0 0 0 0 0 0 0 Haven St. Streetscape $750k/5yr 179,750 170,500 163,300 155,950 148,650 0 0 0 0 0 0 0 0 0 0 0 Bch Mdow Phase II $2.14mil/10yr 321,000 310,300 299,600 288,900 278,200 267,500 256,800 246,100 235,400 224,700 Excluded Debt 2,686,112 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Issued 2,686,112 1,279,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Approved not issued (ANI) Not yet approved (NYA) RMHS®1,312,500 Barrows/Wd End®40,560 Wood End®3,952 Library Project $10+mil 1,080,000 1,040,000 Library Project $2.115mil 249,100 239,700 Town of Reading Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Debt Service Schedule FY - 2024 FY - 2025 FY - 2026 FY - 2027 FY - 2028 FY - 2029 FY - 2030 FY - 2031 FY - 2032 FY - 2033 FY - 2034 FY - 2035 FY - 2036 FY - 2037 FY - 2038 FY - 20392/1/24 15:42 Principal Within Levy Limit 2,687,200 2,669,000 2,374,000 2,369,000 2,229,000 2,074,000 2,629,000 2,124,000 2,124,000 1,524,000 1,434,000 1,220,000 1,050,000 1,050,000 760,000 760,000 Issued 2,687,200 2,255,000 1,960,000 1,785,000 1,645,000 1,490,000 1,485,000 980,000 980,000 380,000 290,000 290,000 120,000 290,000 0 0 Approved not issued (ANI)0 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 0 0 0 0 Not yet approved (NYA)0 200,000 200,000 370,000 370,000 370,000 930,000 930,000 930,000 930,000 930,000 930,000 930,000 760,000 760,000 760,000 Bldng Security $4mil/10yr 355,000 350,000 350,000 350,000 350,000 350,000 350,000 Bldg Energy Improv I $5m/15yr 330,000 330,000 Bldg Energy Improv II $5m/15yr 295,000 295,000 295,000 295,000 295,000 290,000 290,000 290,000 290,000 290,000 290,000 290,000 290,000 290,000 4,377,300 Killam Green Repair Birch Mdw Green Repair RMHS Turf II $2.225mil/10yr 160,000 160,000 160,000 160,000 160,000 160,000 155,000 RMHS Turf I $3.0mil/10yr 255,000 255,000 255,000 255,000 250,000 250,000 250,000 250,000 250,000 2,521,300 RMHS Fieldhouse $1.7mil/10yrs 170,000 170,000 170,000 170,000 170,000 170,000 170,000 170,000 170,000 170,000 Move up 1 yr RMHS/TLT $1.5mil/10yr 135,000 135,000 135,000 135,000 RMHS Ret. Wall $500k/5yr Parker MS Roof $2.7mil/10yr 230,000 230,000 230,000 225,000 225,000 225,000 225,000 225,000 225,000 2,270,000 Coolidge MS Roof $3.7mil/10yr 370,000 370,000 370,000 370,000 370,000 370,000 370,000 370,000 370,000 370,000 Birch Mdw ES roof $1.9mil/10yr 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 190,000 ES Mod. class $1.2 mil/8yr 150,000 Barrows/Wd End®28,790 Wood End®130,710 Barrows®112,700 Police Sta Improve $1.5mil/10yr 130,000 130,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 1,261,400 West St. $1.3 mil 130,000 130,000 Comm. Sustainability $925k/10yr 95,000 95,000 95,000 95,000 95,000 90,000 90,000 90,000 90,000 90,000 Ec Dev Dwntn II $4.0mil/20yr 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 4,000,000 Haven St. Streetscape $730k/5yr 150,000 145,000 145,000 145,000 145,000 730,000 Bch Mdow Phase II $2.14mil/10yr 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 214,000 Excluded Debt 2,527,800 1,235,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Issued 2,527,800 1,235,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Approved not issued (ANI) Not yet approved (NYA) RMHS®1,250,000 Barrows/Wd End®39,000 Wood End®3,800 Library Project $10+mil 1,000,000 1,000,000 Library Project $2.115mil 235,000 235,000 Town of Reading Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Debt Service Schedule FY - 2024 FY - 2025 FY - 2026 FY - 2027 FY - 2028 FY - 2029 FY - 2030 FY - 2031 FY - 2032 FY - 2033 FY - 2034 FY - 2035 FY - 2036 FY - 2037 FY - 2038 FY - 20392/1/24 15:42 Interest Within Levy Limit 670,844 870,038 839,775 727,600 615,725 513,150 546,850 445,350 358,200 289,150 237,200 189,000 151,500 122,500 96,400 73,200 Issued 670,844 563,038 553,475 377,000 294,325 220,950 151,850 92,750 48,000 21,350 11,800 6,000 200 2,900 0 0 Approved not issued (ANI)0 107,000 96,300 85,600 74,900 64,200 53,500 42,800 32,100 21,400 10,700 Not yet approved (NYA)0 200,000 190,000 265,000 246,500 228,000 341,500 309,800 278,100 246,400 214,700 183,000 151,300 119,600 96,400 73,200 Bldng Security $4mil/10yr 91,100 77,000 63,000 49,000 35,000 21,000 7,000 Bldg Energy Improv I $5m/15yr 18,356 6,188 Bldg Energy Improv II $5m/15yr 153,375 138,625 123,875 109,125 94,375 79,750 65,250 50,750 37,700 27,550 20,300 14,500 8,700 2,900 1,131,367 Killam Green Repair Birch Mdw Green Repair RMHS Turf II $2.225mil/10yr 41,400 35,000 28,600 22,200 15,800 9,400 3,100 RMHS Turf I $3.0mil/10yr 104,625 91,875 79,125 66,375 53,750 41,250 28,750 16,250 5,000 630,025 RMHS Fieldhouse $1.7mil/10yrs 85,000 76,500 68,000 59,500 51,000 42,500 34,000 25,500 17,000 8,500 Move up 2 year RMHS/TLT $1.5mil/10yr 21,600 16,200 10,800 5,400 RMHS Ret. Wall $500k/5yr Parker MS Roof $2.7mil/10yr 94,000 82,500 71,000 59,625 48,375 37,125 25,875 14,625 4,500 566,302 Coolidge MS Roof $2.9mil/10yr 87,000 78,300 69,600 60,900 52,200 43,500 34,800 26,100 17,400 8,700 Birch Mdw ES roof $1.5mil/10yr 45,000 40,500 36,000 31,500 27,000 22,500 18,000 13,500 9,000 4,500 ES Mod. class $1.2 mil/8yr 3,000 Barrows/Wd End®1,152 Wood End®5,228 Barrows®4,508 Police Sta Improve $1.5mil/10yr 52,250 45,750 39,375 33,125 26,875 20,625 14,375 8,125 2,500 314,539 West St. $1.3 mil 10,400 5,200 Comm. Sustainability $925k/10yr 40,100 39,200 34,400 29,700 25,000 20,300 16,000 11,500 6,800 2,300 assume 5% Haven St. Streetscape $730k/5yr 29,750 25,500 18,300 10,950 3,650 88,150 Ec Dev Dwntn II $4.0mil/20yr 200,000 190,000 180,000 170,000 160,000 150,000 140,000 130,000 120,000 110,000 100,000 90,000 80,000 70,000 60,000 assume 5% Bch Mdow Phase II $2.14mil/10yr 107,000 96,300 85,600 74,900 64,200 53,500 42,800 32,100 21,400 10,700 Excluded Debt 158,312 44,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Issued 158,312 44,700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Approved not issued (ANI) Not yet approved (NYA) RMHS®62,500 Barrows/Wd End®1,560 Wood End®152 Library Project $10+mil 80,000 40,000 Library Project $2.115mil 14,100 4,700 COMMONWEALTH OF MASSACHUSETTS Middlesex, SS. Officer's Return, Reading: By virtue of this Warrant, I on , 2024 notified and warned the inhabitants of the Town of Reading, qualified to vote on Town affairs, to meet at the place and at the time specified by posting attested copies of this Election Warrant in the following public places within the Town of Reading: Precinct 1 J. Warren Killam School, 333 Charles Street Precinct 2 Reading Police Station, 15 Union Street Precinct 3 Reading Municipal Light Department, 230 Ash Street Precinct 4 Joshua Eaton School, 365 Summer Avenue Precinct 5 Walter S Parker Middle School, 45 Temple Street Precinct 6 Barrows School, 16 Edgemont Avenue Precinct 7 Birch Meadow School, 27 Arthur B Lord Drive Precinct 8 Wood End School, 85 Sunset Rock Lane Town Hall, 16 Lowell Street The date of posting being not less than seven (7) days prior to March 5, 2024 the date set for the Town Election in this Warrant. I also caused an attested copy of this Warrant to be posted on the Town of Reading web site. ___________________________________ Constable A true copy Attest: ________________________________ Laura Gemme, Town Clerk TOWN WARRANT COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. To any of the Constables of the Town of Reading, Greetings: In the name of the Commonwealth of Massachusetts, you are hereby required to notify and warn the inhabitants of the Town of Reading, qualified to vote in the Local Elections and Town affairs, to meet in the following place designated for the eight precincts in said Town, namely: Precincts 1, 2, 3, 4, 5, 6, 7 and 8 Reading Memorial High School, Hawkes Field House, Oakland Road To any of the Constables of the Town of Reading, Greetings: In the name of the Commonwealth, you are hereby required to notify and warn the inhabitants of said town who are qualified to vote at: Precincts 1, 2, 3, 4, 5, 6, 7, and 8 Reading Memorial High School - Hawkes Field House – 62 Oakland Road On TUESDAY THE FIFTH DAY OF MARCH 2024 from 7:00 AM to 8:00 PM for the following purpose: To elect by ballot the following Town Officers: Moderator for one year; One member of the Select Board for three years; Two members of the Board of Library Trustees for three years; Two members of the Municipal Light Board for three years; Two members of the School Committee for three years; Each of Reading’s eight (8) precincts will elect eight (8) Town Meeting members for a three-year term. Precinct 1 – One (1) Town Meeting member for a 2-year term Precinct 2 – One (1) Town Meeting member for a 1-year term Precinct 3 – Two (2) Town Meeting members for a 1-year term Hereof fail not and make return of this warrant with your doings thereon at the time and place of said voting. Given under our hands this day of 2024 Jacqueline McCarthy, Chair Mark L. Dockser, Vice Chair Karen Gately Herrick, Secretary Carlo Bacci Chris Haley SELECT BOARD OF READING ________________________________ Constable A true copy Attest: __________________________________ Laura A Gemme, Town Clerk Warrant must be posted by February 27, 2024 at least seven (7) days prior to the March 5, 2024 Town Election. COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. Officer's Return, Reading: By virtue of this Warrant, I on ______________, 2024 notified and warned the inhabitants of the Town of Reading, qualified to vote on Town affairs, to meet at the place and at the time specified by posting attested copies of this Election Warrant in the following public places within the Town of Reading: Precinct 1 J. Warren Killam School, 333 Charles Street Precinct 2 Reading Police Station, 15 Union Street Precinct 3 Reading Municipal Light Department, 230 Ash Street Precinct 4 Joshua Eaton School, 365 Summer Avenue Precinct 5 Reading Public Library, 64 Middlesex Avenue Precinct 6 Barrows School, 16 Edgemont Avenue Precinct 7 Birch Meadow School, 27 Arthur B Lord Drive Precinct 8 Wood End School, 85 Sunset Rock Lane Town Hall, 16 Lowell Street The date of posting being not less than seven (7) days prior to March 5, 2024, the date set for the Presidential Primary Election in this Warrant. I also caused an attested copy of this Warrant to be posted on the Town of Reading web site. ___________________________________ Constable A true copy Attest: ________________________________ Laura Gemme, Town Clerk COMMONWEALTH OF MASSACHUSETTS WILLIAM FRANCIS GALVIN SECRETARY OF THE COMMONWEALTH PRESIDENTIAL PRIMARY ELECTION WARRANT MIDDLESEX, SS. To any of the Constables of the Town of Reading, Greetings: In the name of the Commonwealth, you are hereby required to notify and warn the inhabitants of the Town of Reading who are qualified to vote in the Presidential Primary Election to vote at Precincts 1, 2, 3, 4, 5, 6, 7, and 8 Reading Memorial High School - Hawkes Field House – 62 Oakland Road on TUESDAY, THE FIFTH DAY OF MARCH 2024, from 7:00 AM to 8:00 PM for the following purpose: To cast their votes in the Presidential Primaries for the candidates of political parties for the following offices: PRESIDENTIAL PREFERENCE ................................................. FOR THIS COMMONWEALTH STATE COMMITTEE MAN ................................... FIFTH MIDDLESEX SENATORIAL DISTRICT STATE COMMITTEE WOMAN .............................. FIFTH MIDDLESEX SENATORIAL DISTRICT TOWN COMMITTEE .......................................................................... TOWN OF READING Hereof fail not and make return of this warrant with your doings thereon at the time and place of said voting. Given under our hands this 6th day of February 2024 Jacqueline McCarthy, Chair Mark L. Dockser, Vice Chair Karen Gately Herrick, Secretary Carlo Bacci Chris Haley SELECT BOARD OF READING ________________________________ Constable A true copy Attest: __________________________________ Laura A Gemme, Town Clerk Warrant must be posted by February 27 2024 at least seven (7) days prior to the March 5, 2024 Presidential Primary. February 27, 2024 Tuesday Overview of Meeting McCarthy 7:00 Public Comment Board 7:05 SB Liaison & Town Manager Reports Board 7:15 Vote to Close Warrant for April Town Meeting Board 7:45 Discussion and Vote on CPA Study Committee 8:00 Discuss Future Agendas Board 9:15 Approve Meeting Minutes Board 9:30 Executive Session Discuss Pending Litigation 9:45 March 5, 2024 PRESIDENTIAL PRIMARY & LOCAL ELECTION March 12, 2024 Tuesday Overview of Meeting 7:00 Board Reorganization 7:05 Public Comment 7:15 Select Board Liaison and Town Manager Reports 7:20 Discuss & Vote on Bill Russell Committee 7:30 March 26, 2024 Tuesday Overview of Meeting 7:00 Public Comment 7:05 Select Board Liaison and Town Manager Reports 7:15 April 9, 2024 Tuesday Community DEI Assesment With School Com & Library Trustees - Amy April 22, 2024 ANNUAL TOWN MEETING April 25, 2023 ANNUAL TOWN MEETING April 29, 2023 ANNUAL TOWN MEETING May 2, 2024 ANNUAL TOWN MEETING May 7, 2024 Tuesday May 21, 2024 Tuesday June 4, 2024 Tuesday June 18, 2024 Tuesday July 16, 2024 Tuesday August 20, 2024 Tuesday September 10, 2024 STATE PRIMARY September 17, 2024 Tuesday October 8, 2024 Tuesday October 29, 2024 Tuesday November 5, 2024 STATE ELECTION November 12, 2024 SUBSEQUENT TOWN MEETING November 14, 2024 SUBSEQUENT TOWN MEETING November 18, 2024 SUBSEQUENT TOWN MEETING November 19, 2024 Tuesday November 21, 2024 SUBSEQUENT TOWN MEETING December 3, 2024 Tuesday December 4, 2024 Wednesday December 10, 2024 Tuesday Select Board Draft Minutes January 23rd, 2024 KH via Zoom Liaison Reports Dockser noted RECALC is moving forward on a feasibility study for a new senior/community center. They hired an architect and are looking at three locations; Pleasant Street, Symonds Way and Oakland Road. The COA met and shared input with RECALC on their needs for the new building. He also mentioned new proposed legislation for municipalities. Bacci noted Recreation met and discussed pickleball and the deed restrictions at Memorial Park. Pickleball courts are now closed until March. Haley noted School Committee met and discussed full day Kindergarten was going up in price slightly. There was another MBTA community meeting last night with a great turnout again. The Charter Review Committee will be meeting next Monday and Town Counsel will be there for the discussion. He also noted 186 Summer Ave has sold and the new owner is requesting various permits to work on it. Herrick noted that the Killam School Building Committee met last night and they are deciding on a project charge. They have created working groups to provide recommendations for the full committee to vote on. She attended the MMA Annual Meeting last week with many other staff members. She spoke about the Municipal Empowerment Act. McCarthy noted that CPDC met last night and discussed MBTA Communities zoning bylaws. They are hoping to get this on the April Town Meeting warrant. Town Manager Report Matt Kraunelis went to the MLK day celebration at the high school. He also attended the MMA conference as well. He has attended the several Killam School Building Committee that is moving full steam ahead. He explained the software glitch with the water bills and they are due February 15th. The Home Rule Petition for the Housing Trust Fund has passed the House and the Senate and is sitting on the Governors desk to be signed. John Davis retired after 42 year with the town, thank you and congratulations to him. Minutes Herrick moved to approve the meeting minutes of January 9th and 16th, 2024 as amended; with a second by Dockser, the motion was approved with a unanimous roll call vote. Update on Meadow Brook Easement Dockser noted they are not quite ready for this but hope to have it on the next agenda. Bacci called the SWEC to order at 7:32 pm. DRAFT Meadow Brook Liquor License – Change of Directors/Officers Herrick read the hearing notice. Patrick Tompkins, President of Meadow Brook, noted they are updating the corporate officers. They have no other changes to the liquor license. Herrick moved to close the hearing regarding the Change of Directors Application submitted by Meadow Brook Golf Club. The motion was seconded by Dockser and approved with a unanimous roll call vote. Herrick moved to approve the Change of Directors Application for the Annual All Alcohol Club License at Meadow Brook Golf Club, 292 Grove Street, Reading, MA. The motion was seconded by Dockser and approved with a unanimous roll call vote. Pr esentation from Edge Sports Chris Collins from Edge Sports gave the board a presentation about the possibilities over at Symonds Way. It was noted Edge Sports will visit SWEC to go into more details. SWEC adjourns at 8:25pm. Future Agendas This Saturday the board will meet to interview the four finalists for the Town Manager position. The meeting is open to the public and will be at 9 am in the Select Board Meeting Room. The board discussed future agenda items. Herrick made a motion to adjourn at 8:37 pm. The motion was seconded by Dockser and approved with a unanimous roll call vote. DRAFT