1998-TOWN MEETING RECORDS - Laserfiche WebLink

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z Accountant's office in accordance with Massachusetts General Laws, Chapter 44, Section 53E %Z , to be expended under the direction of the Board of Health, in order to place anticipated revenues collected from the sale of compost bins which shall be used to purchase additional compost bins, and advertise the availability of such bins, and to establish the limit on expenditures from said account for Fiscal Year 1999 at$2,500, or to take any other action relating thereto. Submitted by the Board of Health i Explanation: Revolving account is required by the Department of Environmental Protection in order to receive compost bins at no charge to the Town. Revenues must be used to purchase additional bins and advertise their availability. Anticipated Budget: Revenues $2,500 Expenditures $2,500 I This account will be managed by the Board of Health through its agent. j Recommendation: Finance Committee recommends approval. � Motion made by Curtis Frye. Motion: I move the Town vote to re-authorize the revolving Home Composting Bin Account through the Town Accountant's office in accordance with Massachusetts General Laws, Chapter 44, Section 53E % to be j expended under the direction of the Board of Health, in order to place anticipated revenues collected from the sale of compost bins which shall be used top urchase additional compost bins, and advertise the availability of j such bins, and to establish the limit on expenditures from said account for Fiscal Year 1999 at $2,500. i Motion passes unanimously at 9:29 p.m. j i Article 28 To see if the Town will vote to raise and appropriate,borrow, or transfer from available funds $150,000 for the purpose of funding a study of nitrogen loading in the Popponesset Bay system entitled "Nutrient Management of the Popponesset Bay System: Phase I, Quantitative Assessment of the Nitrogen Loading Tolerances of Component Sub-Embayments" to be undertaken by the University of Massachusetts Center for Marine Science and Technology, and that to raise such appropriation,the Town Treasurer,with the approval of the Board of Selectmen,be authorized to borrow$150,000 in accordance with Chapter 44, Section 7 of the General Laws, or any other enabling authority, from the Massachusetts Department of Environmental Protection Revolving Fund Loan program for Water Pollution Abatement Projects or from any other source, and to issue bonds or notes of the Town therefore; and further that $400 be appropriated or transferred from available funds to the Issuance of Debt Account; and further that the Board of Selectmen be authorized to apply for and accept loan funding under said Revolving Fund Loan Program or grant funding from any other source toward the financing of said study, and to enter into contracts and agreements with any entities or persons and execute any and all instruments as may be necessary on behalf of the Town in connection with said study or funding, or take any other action related thereto. Submitted by Board of Selectmen Explanation: This article would provide funding for a detailed study of nitrogen loading tolerances of each of