Franklin Town Council 12/8/2010 ( Tax Hearing) Call to order - Minutes 11/17/2010 - No Announcements or CItizen Comments Time: 00:01:09 - 00:02:16

Legislation Res 10-74 Capital 2011 Appropriation ($861K) - Passed 8-0-1 Time: 00:02:16 - 00:10:55

Legislation Res 10-76 Auth to borrow for School Buildings - repairs ($2MM) Passed 8-0-1 Time: 00:10:55 - 00:16:45

Tax Hearing Setting of the tax rate for the Town $12.95/Thousand with a single rate structure for Residential and Commercial/Industrial - Value of the Town is roughly $4.2BILLION - down from a high of nearly $5Billion - Time: 00:16:45 - 00:33:32

Legislation Res 10-70 Setting Tax Allocation Residential Factor of 1 - Res 10-71 Open Space exemption - not approved - Res 10-72 Small Business Exemption - not approved - Res 10-73 Residential Property Exemption - not approved - Excess levy capacity less than $35K due to rounding - Time: 00:33:32 - 00:38:24

Legislation Res 10-75 Appropriatioon for Fire Truck ($100K transferred to the account for future purchase - from closing of the Debt Stabilization fund) Passed 7-1-1 Time: 00:38:24 - 00:53:03

Legislation Res 10-77 Appropriation for demolition of house on DelCarte Property reduced to $16K for DPW to do the wotk Passed Time: 00:53:03 - 00:57:58

Reports / Comments Town Administrator - Old / New Business - Council Comments to the end of the meeting - Adjourn to Executive session and will not return to open session Time: 00:57:58 - 01:02:14