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F <br /> Town of Mashpee, Board of Health Meeting, Minutes May 8, 1985 (Pace four) <br /> . continued <br /> T Yes, he had difficulty getting a surety -bond, then prior to that <br /> it was Newtown Construction and then prior to that Steve Lebel . <br /> All of these fellows have had some problem in getting bonds. I <br /> think the Board has been requiring a bond, back when I first be- <br /> came Town Counsel, I 'm not going to mention any names there was <br /> a contractor over at the dump that- the Board had some difficulty <br /> with, he didn' t have a bond and it created somewhat of an awkward <br /> situation and certain members of the Board know to whom I refer. <br /> The reason for the bond is if there is a default, the very pur- <br /> pose of that bond is sthat if the contractor ' takes a hike ' and <br /> the Board has to go back out to re--bice, then it' s some sort o <br /> security the Town has to lessen the damage, because the dump is <br /> so extaordinarily important to the Town and to the inhabitants of <br /> the, Town , such a vital wart of the community the Board has t <br /> maintain than the dump is maintained in an open position, and be <br /> available. You don' t like to think about it but I suspect that <br /> if the citizens of the town talk about it, it ' s one of the most <br /> important. . . . . interrupted by S D <br /> SJD: -If the hone is put up or the money is put up would you still de- <br /> cuct <br /> UNISON: 1 o, one or the other. <br /> LCA: There ' s two, one ' s a retainer. <br /> T what you fellows were talking about, was that an additional amount <br /> was held out eac week because he couldn't core up with a bond <br /> so that this was device that initiated because he couldn ' t come <br /> up with a surety company bond, I don't know if he had cash avail- <br /> ability to post. <br /> F'B: No. that' s what was lacking there, I knew you would be able to ex- <br /> plain it better than I . <br /> T It worked well, but theme is a retainage, I think. what is the re- <br /> tainage, I don' t remember now, it ' s in there I know. <br /> LCA: 20 <br /> T Is not retainage. . . . <br /> sJD: Up t $15 , 000. <br /> T c: Max out. I don't recollect what it was without looking at that <br /> contract, but . I know there was a ceiling. But on the bond posting <br /> it seems to ane it- tshouid be a t beneficial purpose to both the con- <br /> tractor and the Town, it seems to rye if the contractor puts up a <br /> bankbook he earns the interest -on that, it' s like a collateral <br /> that ' s own dL by� ,tl e contractor <br /> but+ is a ailble to the Town in the <br /> event that there is a default, so that ' s a- very sensible way of <br /> hand lin . it. �I o f a -th-d�t L u know-one other fu Cher ment <br /> y <br /> .:.- a T would. ma , � r ha re � o �wa�+t " s' question was asked <br /> - - o ��o' 71' <br /> of , .e by the B�ec ,`sec, that' h I 'r - rsArlri this with you now) <br /> you can enter into a contract , you can sign a contract before the <br /> money is appropriated, you would have to put a caveat right in <br /> the contract that the town' s obligation is subject to the Town <br /> appropriating- the money, that' s how we would handle that, there <br /> is a prohibition in Chapter 44 that specifies that no department, <br /> as a .matter of fact, it rakes it- a criminal offense for a depart- <br /> ment head to contract for goods or services without money being <br /> appropriated The Executive secretary asked me about signi,nr <br /> the contract, and I answered that 'Yes, but, we would have to put <br /> in a caveat . , . . . (can' t decipher) chapter 44, S don' t know whether <br /> you fellows knew that <br /> CHL: I know I asked you that last week. <br /> T I know somethings we can work out before time and I never try to <br /> second guess what the Town Meeting is going to do, but I rather <br />