ADAMS -- Select men approved three warrant articles to go before town meeting on Oct. 29 at a Selectmen’s workshop recently.
The first is to authorize the town to borrow $191,000 to cover its end of Tropical Storm Irene repairs. The sum would be borrowed in the form of a five-year bond.
"This would really mitigate the impact over the next five budgets," Town Administrator Jonathan Butler said at last Wednesday’s meeting. "You’re talking about $45,000 per year."
Butler said the interest would be around 1 percent and pointed out that back in August 2011, after the storm, few would have expected the town’s financial burden to be so low.
Adams has received more than $600,000 in reimbursements from federal and state agencies since the storm for Irene projects, such as repairs to East Road, a mudslide on the Tophet Brook near the Susan B. Anthony Birthplace Museum, cleanups in the Charles and Davis streets neighborhood and clearing the Pine Street Brook.
The second two articles are recommended by the Retirement Board. One would up a surviving spouse’s minimum retirement al lowance from $250 to $500 per month in the event that their husband or wife died before retiring.
The next related article would allow the surviving spouse of a deceased disability re tiree to collect $9,000 per year, up from $6,000.
Though neither case exists in town at present, the Retirement Board said these
The meeting is scheduled for 7 p.m. at C.T. Plunkett Elementary School.
-- Phil Demers
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