numbers you know the term sheets of the financing and we have had george and his firm look at the structure of the financing and review the financing documents to make sure that they were in accordance with commercially reasonable and customary and customary terms in addition to that we've been negotiating with the developer on his grant of an easement to us for fifty parking spaces the fifty parking spaces we're giving up on the municipal lot we will be regaining in the new underground garage within the project so we will be getting an easement deed for that in addition there is a parking management agreement you know we are agreeing to let the developer sit since the parking is underneath his building rather than we committed police resources to police our spaces we that or he's agreed that he'll manage them and hill maintain the insurance and and indemnify the town from any liability related to that and lastly we've been working on a land disposition agreement that basically commits the developer to construct the project in accordance with the plan in the special permit approved by the planning board if there's a reasonable delay there's some liquidated damages provisions in there to the tune of thirty three thousand dollars per month is my recollection up to eight hundred thousand and liquidated damages to the town if the project ceases or is unreasonably delayed for any reason george now that i've taken that wind out of your presentation in place please go ahead i have i don't have a presentation we've been over the documents as you say the indisposition agreement which was an attachment to the purchase and sale agreement in draft form has been modified slightly reflect primarily some unanticipated changes in the financing arrangements and the fact that we now have an approved project with reference to a special permit and a couple of other small changes other than that we have a deed which we have revised to make sure that we are reserv that runs along the perimeter of the town's property so that would tell genuine continues to have a right to maintain that and those of the three documents for signature by the board we have reviewed but the board does not need t have the parking management team and which is a contract which does not get recorded and and let me emphasize we are not going to tender the deed to the parking lot we are not going to give them the deed to the parking lot unless the financing close so you will be at the closing for the primary financing and mezzanine financing and our deed will be given to them and recorded simultaneously with all the loan documents to give us the assurance that that project is actually going forward and something doesn't happen in the interim the deed obviously has to be recorded before the mortgage because the mortgage will cover the property has receiving from the town and i man part of what i've suggested to you in your motion is to charge me with making sure that the other documents particularly the land disposition agreement and the easement also get recorded so that if there is any transfer of the property pursuant to any e so we were comfortable with our also comfortable with who who are the guarantors on those mortgages we did with which did change for circumstances that we will need to discuss this evening and so we're comfortable that now we're getting involved with our folks that we want to be involved with and i'm happy that we're finally moving forward and hopefully we'll see a project up and running within the next couple years and i'll check sooner than that to check sort of the absolutely georgia jam any comments or consider this project to be the biggest risk that we're managing right now for the town and i'm very happy that we're at this point where the deed is not  motion at the bourse selectman in accordance with the purchase of sales agreement for the pre primary located at once sixteen propellor obama at mass approved execution of the inland development agreement we claim deed in party management agreement between the town of belmont and star capital partners l l c subject to the condition that the closing documents executed by the board shall be held in escrow by town council and delivered for recording by the buyer only if one they are to be recorded contemporaneously with the easement deed in the financing of the christian village project in accordance with financing documents substantially in the form previously reviewed by counsel to counsel has received an approved the final form of the easement deed including any attachments referenced in that document three town council has verified the documents will be recorded in appropriate order so as to preserve the rights of the town respect to the mortgage g and for all other conditions of the closing as specified in the purchases syllabi would have been met time counsel is here but authorized to agree to the insertion of dates or recording information into the closing documents after their execution by the board to the extent that he has verified next why don't we go submission of audit committee report is the team every year for several reasons federal regulations require that that as we are receptionists have certain funds to help insure the maintenance of the town's aaa rating by moody's and belmont is one of fourteen cities and towns in the commonwealth with aaa rating which allows us to receive favorable race on boring cos the town was last rated on april thirteenth two thousand fifteen the town of belmont financial statements for the year ending june thirtieth two thousand and fourteen were audited by pollers and sullivan the audit as in past went smoothly with no significant problems of comm the town received an unmodified opinion on the financial statements the audit is committed our financial team for its cooperation assisted assistance and record keeping the municipal light department financial statements for the year ending december thirty first two thousand and fourteen were audited by cool a cell veto and associates p c and i posted on the light department's website like the pup and also received an unmodified opinion on its financial statements the audit went smoothly with no spiffing problems or comments in the light department has its own credit rating established by standard employs and the a dash one slash stable rating was last affirmed on september twent two thousand and thirteen goulet so video and associates p c gradually the belmont municipal light board and the financial team for a job well done the president a lot of comm department general manager jim palmer finance manager maria clubs the new york and advisory board members robert forrester a nationally brown for their efforts and cooperation respectively submitted your i don't think it's really officially a retirement but you are your future plans and look forward to working with lloyd and in the group as two thousand and fifteen oh it's a morning meeting ok ok next what i'm going to suggest is that it's about seven seven o five special town meeting discussion is that seven fifteen the only other remaining item which is which which were behind on and on our schedule is approval of taxi business license application of sandro it's misspelled you know i was i was reviewing the regulations sure ok add that you do understand it's interesting but i saw in here that the cab has to have the lettering belmont chance to see works out ok great and that's something i want to revisit your last statement you know about there not being a limit you know  is an app companies and liveries that are regulated into we work in our community have already greatly affected our business we could not absorb any losses we have worked closely with this boyd as well as the belmont police department for over forty years i drive as a local people who have been with this firm in some cases an excess of twenty five years until then with me this evening by  granting additional license your licenses when there is no demand will be devastating people are not waiting all residents have been picked up on time they have not been any complaints that have been brought to our attention however this evening we met in the office prior to coming over here and night manager showed me that if you google belmont taxi seven apps come up people are calling themselves belmont taxi we know it's a legal issue but it's an internet thing we were getting comments that were taking calls and messages for reservations and we're not there because in that culling us i just that this license that's going to be issued is going to park on waverly square there's not enough parking for ivy ackles remains in the bridge which is state owned we have given up taxi stands for mandated mandated handicapped parking over the years as to work with this power in this community the regulations that are already in existence and not being enforced today came to us and the industry houseparents are currently being filed with this matter in hand lawsuits i am in place currently go out of town taxis in concert offices picking up our people and saying that they are affiliated with belmont taxi as well as the community that they are in at the same at that when they drop they come over to wave the square and they pick up and they said are affiliated it's our opinion that the applicant is applying for a license in belmont because there is only a license fee and no associated cost if the applicant was to apply simple national international application to pick up people in surrounding communities belmont is a unique family orientated town with close proximity to latch urban cities we have we have very little commercial entities therefore the ridership consists of residents as well as their families and relatives and they out repetitive because they have a residence we purchased our business and its agents and in later years we purchased our competitors we paid lads some of moneys we did not simply walk into the town clerk and ask for a free license just to operate a taxi or taxis we were encouraged by the town as to alleviate the constant complaints to to some of the previous taxi owners who had no two way radio service proper equipment to conduct business at that time stands for science of those individual operators and due to those purchases we opened up the stands for all some of these previous owners have passed on and others are still with us today we merged with our competitors in conjunction with the butt of selections so that this beautiful family community could be better served we have major expenses we have an office office payroll weapons comp tax insurance maintenance purchases of equipment and cleaning of equipment we have  vested interest in this community our past record indicates that we care but currently the industry suffering immensely due to an regulated competition adding more taxes at this point in time when we increase explain the reason for those forty one when it's time and let me ask you so of the forty how merit how many are currently use were many were getting out at the premium much fifteen sixteen maybe seventeen see  you you know which is a discussion thing that i want to raise with with my colleagues you know i've been thinking this through and you go to boston you go to cambridge you buy modally there's only a limited number of financial sense for you you know the intent is not to close out people you know but the intent is to try to find a balance you know at what point do we over saturate the licenses that are issued i mean is there is there a formula that wise i want to remind the boyd that we're in belmont two miles down the street is a city of cambridge two miles up the street is a city of wa seven miles down the street is a city of boston it's european with suburban you guys have offices in boston you don't to be doing business and belmont i could have asked you to convert the saints medallions many many years ago i did not i did not because i love this community because i know what happens when you sell a medallion that madonna sold to somebody else so you have no control over who who is in here yes and my suggestion would be and i think contributions they have made to the community over time i think that's true but it has to be said that the regulations are the regulation of clearly jim and mr matthew has complied  i believe that this needs our attention at a policy level which we can put on our list of risk things but i think given the license that's in front of us we have little toyota sienna on the road and out of all the taxi on those i know they haven't done that i would provide the towel with good service and i did every thing that's required of me certainly have done what we asked you to go but you know i'm going to condition it on you complying with the regulations if you do come and reapply in a year you have another lease of the question about the license of the license will be in your name is like that and how many cars can you have under that one license just one just one year so then you have how many cars do you have  just told they operate can't that he could use the name belmont we file a tax return in the name of belmont cabin have for forty years to rags and maybe that's something that's got to know what he needs to do is for massport is on the rear of the vehicle at belmont owner with the word valuable and painted on the sides there and letters not less than four inches that works thank you sir and i think the purpose is to make sure that that same cat isn't being used in medford and in watertown think we owe it to our existing businesses as well to relook at the regulations fine balance so based on congratulations or we're just going to ask them a couple more questions are ok thank you very much  to give us an opportunity to review the regulations ok discuss whether there should be any cap on the number of licenses we will issue and certainly if we're able to address it in less time mate who would be responsible for doing that is that the committee no i think what we should do is turn it i think we should work through our town administrator and use our town council as he sees appropriate and i think we should we should also you know to the extent we can get information on why other communities limit the number of licenses and based on your formula secure very well thank you ok ok i believe our last item on our agenda is our all and members of the board but i have in the last week done a lot of thinking and if it's ok i'm going to begin with my impressions and what i got out of this first some observations ok two hundred thirty three town meeting members signed in in august ok it was very well attended a very well attended almost to the level of our annual town meeting almost another interesting fact about seventy five members or one third voted to keep the delta the way it has always been with a drive through and angle parking  that was also shocking to me that almost one third of the people present there just didn't want to change the delta at all and i was left wondering if we didn't have the plan b there w more have voted to keep the belt in the way it is now but i don't know the answer to that it's a possibility one hundred twelve voted to support the original design plan and a one hundred two supported plan b which restored the drive through and reconfigured you know the parking to have some parallel parking in place so what i walked out is i guess with that with this same feeling i walked in with which is there's really no clear overwhelming consensus on the design of the delta to me whether the fall was one hundred twelve or plan a one hundred twelve for plan b i'd be making the same comments right now because to me it means that there is still a considerable portion of our population of our residents in town that you know concerned  about the design you know the design of the delta there is a considerable divide and i think what we as selectman need to do is try to bring people back together you know when i first became chairman i said my goal was to unite people unite the community we're never going to get one hundred percent but but boy we've got to do our best i also walked out with the thought that really there were three concerns that were that for him play one many supported a drive through ok because it's a safe dropoff in front of the bank to there's an element that wants parking close to the bank which is off of leonard street and concord where there's more traffic which is safe and more accessible to customers of all businesses in the center and then number three you know the third principle that came out was creating an attractive and safer place for pedestrians to congregate you know the message i walked out with was that the plan b we had approved fell short in that regard you  know i cannot disagree i think plan b needs to be made more inviting to pedestrians okayed the intent was not to create a green space that would be under utilized the intent was to create an area that would be used by residents and an area that would be attractive to pedestrians and and for people we don't want a barren area you know so it's sort to say saw in the last week i've heard from many many people who have been offering many excellent suggestions ralph jones and i did speak last night and we exchanged some thoughts decorative features and architectural features so i have asked andy to look at plan b and to create some similar design features that would make the delta more attractive and welcoming as people  suggestion that we need to continue to work on this a couple thoughts you know i have also spoken to rev jones of the he's been leading efforts in town to try to find sort of a middle ground or a compromise or take into consideration comments made a tommy don't play and if we actually have to do that even though you know there wasn't any sort of a clear overwhelming victory i think clearly a number of folks in town supported the original plan and i think we need to do look at that and see if we can't go back to components of that original plan as it was presented but maintaining which for me is an important aspect of plan b and that's to cut through the i think that's important so if we reach some kind of a compromise where that continue to exist but we expand it to delta you know  understand the parking issue but if we had to eliminate some one or two spaces to increase the delta i mean you have the delta i think i'd be fine with that so i think my so many ideas i hope that we can and i know ralph and i appreciate that it was talked to buy freeman and others mr chairman when we do go to town meeting that we do have as finalize a plan as possible because i think we have to as a board rebuild trust with tommy and hopefully it still exists because i thought the process was a good process even though it was a hot summer night no august that many of us probably wanted to be at the pool or someplace else so it was a sort of and wonderful example of democracy in action i think we as a board have to understand it any future projects and there will be a number of them and we bring it to town meeting it's as finalized as possible we've got as much input as possible and not subsequent to that look to change it especially for asking tommy to support appropriation for a particular design so i appreciate economists and i look forward to continue to look at this issue in whatever way we decide to look at it happening because i had a couple of comments mark you and i didn't talk about tonight's meeting did we  you and i talk about tonight's meeting i think most of the people in this room understand the open access law and if they don't you can see ellen downstairs tomorrow but for the public  want everyone to know that the board of selectmen our deliberations are conducted only in open sessions so if ralph talk to mark that's ok because ralph's not a selectman i cannot talk to mark i cannot talk to sammy any representation to the contrary is simply factually false we don't do that i've only been in office for one hundred twenty days but i've been very pleased to work with both mark and sammy in the rules of the rules and we we comply with the rules the other thing i should disclose is that right after my election lydia called me and said jim you know i have a group of people who want to preserve the past through what can you do for me and i said nothing i really can't do anything for you because i'm a vote and i can't talk to my colleagues so that's the reality of the situation but one thing you can do is get get a petition in a petition to have a meeting and which she did do and so i did that she did that at my suggestion the other disclosure i have is that paul roberts called me filthy years suggestion and we talked and i represent paul that the the idea that the town meeting on november seventeenth had approved the design was simply not true and i think the conduct the government to some is a precise business and i think i know we know and i know many town meeting members know who understand the process that the motion is the motion so i suggested to paul also that the only remedy for the people and the interest that he represented was to propose a petition as well and i filed those disclosures with the town clerk of anybody wants to check those out some people have said that as again i've only been in office one hundred twenty days but that i didn't provide leadership because i voted to abstain on the aug sixth motion and the i just want to make it clear that the reason i voted to abstain on the the motion was because i wanted to hear what happened at the meeting and in fact i did hear what happened at the meeting and at the end of the meeting i voted no which is part of the no on the motion but the thing that i took away from the meeting was that everyone had their say which i think is very important you know because some people felt that the five twenty nine meeting wasn't notice or five twenty five meeting wasn't noticed properly etc etc etc but as a result of the second meeting i believe everybody had had a chance to say what they thought and the third thing that i want to mention is that i was really interested that many people who came to the microphone said i voted for this on november seventeenth i knew it was just for the funding but  made this assumption and this was my vision you know from what was presented and i want to make the point that if you're if we're in town meeting and we're voting we're not voting i think you know out of the two hundred thirty three voices that were that maybe half of the people thought they were voting on something other than just the motion and i want to say that that is not the case at a town meeting vote is a vote on the motion and hand is that not correct so you know you don't add a nice spin to it if you're thinking about whether you should vote something up or down vote for what's in front of you and make the decision based on what's said about that that having been said i support what recommendation my recommendation was to approach the appropriate authority and it wasn't necessarily to call it that meeting but apparently that's what happened and i also think that this rule is a very interesting rule because it does make the town meeting form of government in my opinion more representative because one person if they can convince two hundred people to start the registered voters they can they can bring a meeting into existence on the on their issue however i hasten to say that that cuts both ways because if you're attempting to be a town wide leader what you say has to be factual and it has to be something that you know that people are interested in and that it's actionable because otherwise you're you know you're at risk for wasting resources so you know if there's a double edged sword there it's not just that the potential exists once you decide its i had said previously that we were going to open it up the public comment and i said that at the beginning of the meeting however bonnie you were one of the organizers of the  us and that said i will let you make a statement representative as the representative go ahead thank you bonnie freedman precinct three i guess i'm a little shorter than the last person  but i want to first thank the selectmen for being much more listeners to use this town meeting them we felt before we felt the need to call it so i want to thank you  for the respect of listening to us it was a very exciting time it was it shows by the number of people who came out and one of the things that i learned from being a town meeting also was to really listen to the other side so right after the town meeting ralph jones approached me and said let's talk and i thought that was great and i also want to give credit to mike whitmer who as the moderator helped bring us together as well and we've had a lot of discussions in the last week and i want to really appreciate that you most of people in the room know that there are a lot of people who really care about planning and about certain major aspects to it  but listening to the other side has given me a perspective on what we might be able to do to compromise and come to hopefully a plan that everybody not well i know it will never one hundred percent but a lot more people might be accepting of and in doing so i've talked to a lot of people in town and i just want to mention that people like and paulson who spoke very strongly for plan a has supported my efforts this week as well as paul and she and the lot of people who spoke that night i don't know every single name but i want to thank everybody for trying to work things out i'm hoping that some of the letters that were sent in from the other side as well should be considered i am not here though to accept a cut through as has been in plan b i just want to make that statement clear i think there's another way to compromise and i don't want to go into a lot of details right now i just want to thank you for giving us an opportunity to work from this and help find a solution that many white people  we're working with the contractor to make sure that he gets his much work done on leonard street before labor day or shortly thereafter so clearly he is provided us shop  for plan b so clearly any amendments to that would have to be provided and a strategy of how those may or may not be able to be implemented and what the cost is so i think there's some ingredients to the stew in terms of cost and timing and and scope and coordination so i guess as we have continued conversations those points will have to be considered little i'm a little confused because the the the approval that we have in place now for this project is plan b is that correct that's correct yes yes so what is the process going this i have a high degree of confidence that we can reach a point where we take into consideration the concerns of playin a proponents and plan b proponents and research plan that works mostly for everyone but not completely i'll just give some me paraphrase short articles about yeah i mean basically there was an article on saturday about the results of a report that was developed that indicated what storm one of the storm wa levels were for various bodies of water and what the grades were clearly in that report i think there were fourteen inflows that were basically looked at and half of them rehab projects and that in fact the town has adopted stormwater bylaws and the board had a very involved process to basically issue rules and regulations after a very  public process so i think those things that clearly demonstrate the town's commitment to storm water issues information for the column was provided by our c d c director to center brownsburg or who is coordinating our response to the author of the article about the efforts of belmont so i think other things that we would want to clear up that glen claims he did provide information and as all of you know is probably the most  successful department it turns of providing information to folks who are qwest that so i just want to be clear that the article made it seem that he didn't provide information when in fact he did this there's a two point three million dollars phase of the project that was completed at the end of two thousand and fourteen and two thousand and fifty early part of two thousand and fifteen we are planning on doing a follow up of the sampling this fall to determine what the levels are based upon the completion of this phase we continue to focus on storm water quality and it's an ongoing effort of the town and as i mentioned there were several bad grades contained in made to move the process of providing stormwater discharges that are of higher level quality to them mr chairman if i could ask a couple of clarify in questions  first of all i've been told that it's the town's policy not to remediate the sewage and storm or management for streets that are not scheduled to be repaved and that whether that's true or not is another question but it's also seems to me that if you add two and two together since we're committing more money you know to our to our paving programme that that should improve the the sewage and storm water management isn't isn't that the case david i mean we had we had two point seven this year which he said was the most money the town could handle and then it came in at two million we're still going to do the two point seven million worth of work but when that work is done the water in the storm water management gets gets handled at the same time not to to the extent that the work that we do is part of our storm water and sewer projects allow us to basically provide remediation to our sewer pipes so the big basically prevents the leakage into our stormwater system basically that alleviate helps alleviate the problem but again i think that there are several components about our and make recommendations so i think it's a combination of things and to the extent that again i think that to the extent that you have streets and sidewalks that are in better repair that basically does not allow materials or other kinds of  contaminants entered the storm water system that only helps and i want to mention two other things the town is doing one is the town center reconstruction project that address the sewage and storm water coming town center as well and then the third thing is i remember the report from the water department and i think this was i don't know when it was last fall maybe and they said that they had replaced fifty percent of the i just ask one question are sure rachel berger town meeting member precinct two and mother of a fifteen year old avid fisherman who has over the course of the summer gone down to little pond and waded in so