1998-BOARD OF HEALTH - Laserfiche WebLink

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MINUTES January 8, 1998 5 BOARD OF HEALTH Mr. McQuaid questioned, "How complicated is adding this to the betterment program?" Mr. Gottlieb responded, "It is a one time problem." "You have the betterment program setup." "There would be a notation to the tax bill adding in the additional money which is apportioned out over fifteen years in equal payments and that gets added to the quarterly tax bill." "Once that's loaded in it's done." "The way it would work would be you assign it out or the County would do it for you, you would certify the work was done, payment would be made and notice would go to the Assessor's to say add the determined amount to my property as a betterment." "Payments then go in to Anne." Mr. Ball questioned, "Would we be required to see the applicant every time they came in or could the Health Agent just refer that person to Anne?" Mr. Gottlieb responded, "You can set that up however you choose." Mr. Doherty commented, "Let's make an assumption that the County oversees this and that we use the interest on the loans to fund the administrative overhead, how stringent are you going to be on the accounting of that." Mr. Gottlieb responded, "All I care about is that the town of Mashpee make repayments to the Water Pollution Abatement Trust twice a year in the amount that's called for in the agreement." "The people can prepay their betterment." "We have some federal tax issues about reuse of repayments because when the town gets a repayment in it's windfall and Anne invests it and she gets a higher rate of return at the time than our bonds, we have an I.R.S. problem." "What the loan agreement will say is that you get prepayments, the treasurer would send that money back to us, we will then issue you a new loan agreement, you give that money back and we will reissue a new loan agreement." Mr. Ball questioned, "Is there a limit on what the individual homeowner can spend on a leaching facility?" Mr. Gottlieb responded, "No." Mr. McQuaid stated, "We can't force the applicant the comply with more stringent rules than Title V." Mr. Gottlieb stated, "The only limitation on the use of these funds is that if you use it to solve a water quality or public health problem." "If you have a local by-law that's