Town of Lisbon
Selectmen’s Meeting minutes
February 14, 2005
7:00 pm Meeting opened
Selectmen Present: R. Pride, J. Hite, J. Northrop
Clerk: W. Johnson, T.A.
Media: None
WJ reported on the qualified opinion received from the auditors and the fact that the auditors are now required to note we do not meet the requirements of the Generally Accepted Standards Board Section 34 requiring all Town assets be valued and be part of our financial statement. The process would cost the Town initially about $5000 to list and value the assets and then annual updates would be needed to keep the statement correct. At this time, the municipal bond bank and local banks do not require this type of reporting for the purpose of lending to the Town. Perhaps some time in the future we could look at the requirements and the cost of conforming to GASB #34. The auditors found not other issues with the financial management of the Town in their report.
JH questioned the report of a health issue at the Baines property on School Street and if any information has been received from the health officer on the matter. WJ is not aware of any inspection but will inquire from the health officer if one was done.
The next meeting of the new fire station committee will be 2/24 at 6:30 pm at the station.
A pre-bid meeting for contractors will be held on Tuesday, 2/15 at 9:00am at the railroad station with the architect to discuss any questions on the project.
WJ noted an inquire from T&S Sunoco was received last Wednesday requiring leasing a portion of the former Parts Town property, currently owned by the Town, until a decision on the future use of the property is made. WJ informed owner Sherry Holbrook she should attend a Selectmen’s meeting to discuss her interest in the property with the Board.
A letter of recommendation from Tim Grant, engineer from Provan and Lorber, recommending the construction contract for the water system chemical feed project be awarded to JM Donahue Construction in the amount of $130,000. JH moved and JN 2nd to accept the $130,000 bid as recommended. So voted all. WJ noted the amount of the warrant article to raise additional money for the project is reduced to $15,000 to cover the engineering and miscellaneous costs.
7:30 pm. Chairman Pride opened a public hearing to discuss modifying the elderly exemption requirements by increasing the maximum net income amount and net asset amounts. No public was in attendance for the hearing. JH moved and JN 2nd to support the modification as proposed to be voted on at town meeting. So voted all. The impact of the modification is unknown as the number of additional qualified taxpayers will not be know until applications are received. Hearing no additional comments, Chair Pride closed the hearing.
7:45 pm. Chairman Pride opened a public hearing to discuss the modification to the veterans’ property tax credit. The proposed change would increase the credit from $50 to $200 per year. No public were in attendance. JH moved and JN 2nd to recommend and support the modification of the veterans’ property tax credit as proposed. So voted all. Chair pride noted the impact to the
Selectmen’s Meeting Minutes
February 14, 2005
Page 2.
taxpayers would increase the total credits for approximately 80 qualified taxpayers from $4000 to $16000. Hearing no further comments, Chair Pride closed the public hearing.
WJ reported KC had reviewed all the bids for the proposed new highway department 1-ton truck and recommends the low bidder, Irving Motors of Laconia, be awarded the bid if approval is granted at the annual meeting in March. The amount of the bid for the cab and chassis is $28,025. JH moved and JH 2nd to accept the bid subject to town meeting approval for the purchase. So voted all.
Board reviewed an application from the Nightingales on Bishop Cutoff for a barn preservation easement. After review, Chair Pride suggested the request be tabled until more information is obtained about the use of the property. WJ will review and provide more information at a future meeting.
Adjourned at 8:15 pm
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