BOARD OF SELECTMEN
March 22, 2006
Minutes
The Board of Selectmen met on Tuesday, March 22, 2006 in the Town Hall Clark Room. Selectmen
Douglas A.G. Stevenson, Richard A. Allison, Timothy F. Hult, William R. Tice, Jr., and John D.
Williams were present for this meeting. Town Administrator Madonna J. McKenzie was also
present.
The meeting was called to order at 7:05 p.m. by Mr. Stevenson.
Bond Issue
Treasurer Larry Barton was present to have the Board sign document for a Bond sale. The Bond
sale was with Roosevelt & Cross, Inc. of New York. It is for 20 years at an interest rate of 4.0493%.
On a motion made by Mr. Williams and seconded by Mr. Tice, it was unanimously VOTED to
approve the sale of the $3,530,000 Municipal Purpose Loan of 2006 Bonds of the Town dated April
1, 2006, to Roosevelt & Cross, Inc. at the price of $3,575,498.85 and accrued interest is hereby
confirmed. The bonds shall be payable on April 1 of the years and in the principal amounts and bear
interest at the respective rates, as follow, subject to earlier redemption at the option of the Town as
provided in the Preliminary Official Statement dated March 2, 2006.
Warrant and Finance Discussion
Mr. Thornton Ash said that he had not prepared formal presentation. He said that there has been
an accounting change because the debt for Benfield had been doubled. It was subtracted and hence
the debt service was lowered by $174,000. Mr. Ash said that he recently attended a Concord
FinCom meeting where they decided to lower their override amount so Carlisle’s amount dropped
too. Therefore, Carlisle could reasonably have an override of $75,000 for CCHS and $75,000 for
CPS.
Thornton said that the McNamara Bill will be paid for through a Free Cash transfer. He said that
after they discussed the McNamara Bill, they discussed a free cash transfer to the stabilization fund.
Mr. Stevenson said that a warrant article should be discussed for an assistant to the Town
Administrator. It would have to be a free cash transfer of $50,000.
Mr. Stevenson said they needed to structure an override for the CCHS and CPS. Mr. Allison said
that it should be just one (1) warrant article, that way it would not look like the articles were
competing against each other. Mr. Hult agreed with him.
On a motion made by Mr. Tice and seconded by Mr. Williams, it was unanimously VOTED to
reopen the Warrant for the Annual Town Meeting of May 1, 2006.
Board of Selectmen
March 22, 2006
- 2 -
On a motion made by Mr. Allison and seconded by Mr. Tice, it unanimously VOTED to remove
Article 10 and Ballot Question relating to same.
On a motion made by Mr. Williams and seconded by Mr. Tice, it was unanimously VOTED to
include as Article 8 - Housing Coordinator/Assistant to Town Administrator.
Since their last meeting changes were made to Articles 15, 20, 25, and pg. 13 of the wireless by-law
the Warrant. The Board reviewed those articles which were in the draft warrant presented tonight
and were visible in red print.
On a motion made by Mr. Allison and seconded by Mr. Tice, it was unanimously VOTED to accept
and close the Warrant as amended.
The meeting adjourned at 9:00 p.m.
Respectfully submitted by Margaret de Mare
| 
