1999-TOWN MEETING RECORDS - Laserfiche WebLink

Home Browse Search

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 Quashnet School on Monday, the 3rd day of May, 1999 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 and transfer from available funds $80,000 to be distributed as follows; $50,000 to the Medical Insurance Account and $30,000 to the Medicare Account, or take any other action relating thereto. Submitted by the Treasurer Explanation: For the past several years the Town has received a premium holiday of one free month, however, none was received this year. Also, with the addition of a new grade in the high school and the number of substitutes hired, the Medicare Account needs additional funding. There are not enough funds in the accounts to last until the end of the year. Recommendation; The Finance Committee recommends approval. ARTICLE 2 To see if the Town will vote to appropriate and transfer from available funds $6,310 to the Interest Temporary Borrowing Inside 21/2 Account, or take any other action relating thereto. Submitted by the Treasurer Explanation: The amount of interest needed for the temporary borrowing for the fire station architect ($5,100) was not known at the time the 1999 budget was prepared. The balance of$1,210 is needed for the interest on the landfill-capping loan. This loan was procured from the Massachusetts Water Pollution Abatement Trust and the Town has no control over the timing of interest payments. Recommendation; The Finance Committee recommends approval. i