10/5/1998 FINANCE COMMITTEE Minutes

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Mashpee Finance Committee Minutes Monday,,October 5., 1998 OCTOBER TOWN MEETING Present: Chairwoman Nancy Ooulart Dean Arden, Steve Cashman, Sidney Golub, Alec watt Absent: Mike Iumin The Selectmen and Mr. Robert whritenour were in Session at the Mashpee Middle School. The Finance Committee met with Mr. Whritenour and the Selectmen while th�were.irsesior in a conference room at the Mashpee Middle School on Monday, October 5. 1998,at :32 P.M. OCTOBER ANNUAL TOWN MEETING ARTICLE 20, LAND BETWEEN N TO N HALL AND MAIN STRtT: Mr. whritenour distributed a revised copy of Article 20 which he noted only contains a. i.nor change because of a typographical error. He noted the word"union"was covered in the original article. Mr. whritenour stated that the appraisals still need to be completed. OCTOBER ANNUAL TOWN MEETING, ARTICLE 1 GOLF COURSE: Mr. whritenour stated that there is a revised copy.of Article 21 with a small amendment to include a little more language on the Chapter 132A, Section 11,"Self=-Help Act"and Ch4pter 933 of the Acts of 1977, the"Urban Self-Help Act." Ilrfr. Whritenour noted that when Bona Council carne back with the wording,the full spelling out of these grants were not in it and they would like to see this at the Mate level. He commented that they have been very successful in the past in receiving these funds. Mr. whritenour noted in the packet that, in addition to the main motion of the purchase of the land for the golf course,there is also a"backup motion"for Article 21 that has the approval of just the sum for the land and no golf course. 1t would be to purchase the land and do the study later. 4 Chairwoman Goulart.questioned where the money would be obtained to purchase the land. Mr. whritenour stated that at the encs of the Amendment Motion,it is noted that the appropri.atioxi is coming nt.upon a vote at an election to exempt from the,provisions of Proposition 2-1/2,the amounts required to pay the principal of and interest on the borrowing authorized under this vote. lir. whritenour noted that on a ballot question,when you have a question that is contingent to a Proposition 2-1/2 debt exclusion,it requires a special election x_45 das,.... lballt qustion would need the majority vote of 2l3.