EagleTribune.com, North Andover, MA

Merrimack Valley

February 11, 2013

Meeting will determine next step for Bancroft

Average tax bill would go up $24 if $5.7M is approved

(Continued)

Saying no could prove costly,

officials say

The project is coming to Special Town Meeting because many of the contracts that have yet to be awarded, the ones that the extra money would pay for, are on bids that will expire at the end of February, Deso said.

As part of the process, those who bid must honor their prices for 120 days. Because of that, turning down the article will cause the bids to expire ahead of Annual Town Meeting, where an estimated 15 percent inflation rate would bring the project’s deficit up to around $7.1 million, according to Deso.

“Several of the bids we have in that we can’t award yet until we have sufficient money,” he said. “Assuming we’re successful at Special Town Meeting, the rest of our meetings in February will be spent approving those contracts, getting the awards out.”

Special town meeting, in a nutshell

Where: Andover High School, J. Everett Collins Center Auditorium, 80 Shawsheen Road.

When: Tonight, 7 p.m.

Plan to arrive early. All attendees must be checked into the meeting in the lobby of the Collins Center. Voters must check in at their precinct table. Visit the town website at www.andoverma.gov and search for your precinct under the “E-Services” tab, then click “Precinct Search.”

Only voters who registered by the deadline of Feb. 1 will be allowed to vote at the meeting. Non-voters may attend Town Meeting and will be seated in a special section.

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