Selectboard Meeting

August 5, 2002

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Attending the meeting: Lynn Gardner, Andrea Morgante, Jon Trefry, Randy Volk, John Guttler, Jeanne Wilson, Gil Coates, Mike Anthony, Rocky Martin, Luce Hillman, Val Gardner.

Meeting called to order at 6:59 p.m.

Peck Estate / Review of Professional Management of Funds by Town Attorney / Gil Coates, Peck Estate Trustee – Peck Estate money is left to the Town, the money goes to the school for 7^th and 8^th grades. State Statute notes that 3 elected trustees manage money left to the Town. The Trustees are asking the Selectboard’s approval to have the Town Agent review the statutes for a legal opinion on how the money can be invested – can the Trustees hire a fund management firm. Also discussed is to find out if an audit of the estate funds should be included in the Town audit. The Board asked Gil to have the Town agent look at both issues.

Highway Forman Michael Anthony / Awarding of Paving Bid On the recommendation of Highway Foreman Michael Anthony, Andrea moved that the Board vote to award the paving contract for 2002 to Pike Industries, Inc. for $108,433.80 and to have Road Forman, Mike Anthony sign the contract.