Special Town Meeting Updates 2-11-2019

View town meeting on HCAM (Comcast Channel 8, Verizon Channel 30) or online here:.

Article 1 – Unpaid Bills from Previous Fiscal years – Passed Standing Vote 158-3

Article 2 – Supplemental Appropriation for Repair of Lake Maspenock Dam – Passed Unanimously
$140,000 for Dam Repair

Article 3 – Supplemental Appropriation for Fire Communication System – Passed Unanimously
$57,750 for Fire Communication System.

Article 4 – Approval for Tax Increment Financing Agreement – Lykan Bioscience, LLC. – Passes Majority
-Lykan Bioscience LLC. promised at least 125 Full Time Jobs
-$12 Million project investment
-TIF agreement provides for Real Estate Tax emeptions and personal property tax exemptions,

Article 5 – School Department Mitigation Fund, – Passes Majority (No Action)
-Selectmen, School Committee recommends No Action

Article 6 – School Department Stabilization Fund. – Passes Majority (No Action)
-Selectmen recommends No Action

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