1992-1994-TOWN MEETING RECORDS - GREEN

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Town of Mashpee Special Town Meeting Barnstable, ss : Greetings To the Constables of the Town, In the name of the Commonwealth of Massachusetts, you are hereby directed to notify and summon the inhabitants of the Town of Mashpee who are qualified to vote in the elections to meet at the Mashpee Middle School on Monday, the 16th day of March, 1992 at 7 :30 p.m. for the following purposes : To act on the articles contained in the following warrant : Article 1 : To see if the Town will vote to appropriate a sum of money for constructing, originally equipping and furnishing a fifteen classroom addition to the Middle School, including costs incidental and related thereto, and a further sum to pay interest on any bonds or notes issued hereunder, and to determine whether to raise these appropriations by borrowing or otherwise, or to take any other action relative thereto. Submitted by Board of Selectmen Explanation : This article seeks Town Meeting approval to fund, through a debt exclusion , the construction of fifteen (15) additional classrooms to the Middle School . These classrooms will provide additional space for our increasing school population . This project may be reimbursable by the State at the rate of 58% . Basic Data : Approximately 19, 000 square feet - 15 classrooms - estimated cost $2, 137,000 . Estimated cost includes construction, extension of water line from Coombs School, furniture, furnishings . Recommendation : Finance Committee will make a recommendation at Town Meeting. Motion : I move that the sum of $2, 137, 800 be hereby appropriated for constructing, originally equipping and furnishing a fifteen ' classroom addition to the Middle School, including costs incidental and related thereto; that to raise this appropriation the Treasurer, with the approval of the Board of Selectmen, is authorized to borrow $2, 137, 800 under and pursuant to Chapter 44, Section 7, of the General Laws, Chapter 645 of the Acts of 1948, as amended, or any other enabling authority, and to issue bonds or notes of the Town therefor; and, further, that the sum of $35, 000, shall be, wised and appropriated to pay interest payable in the fiscal year beginning July 1, 1992 on bonds or notes, including bond anticipation notes, issued hereunder; provided that no appropriation shall be valid and no bonds or notes shall be issued hereunder until the Town shall have voted to exempt the payments of principal and interest thereto from the provisions of Proposition 2 1/2 .