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r <br /> Two Million One Hundred Forty Six Thousand Eight Hundred Dollars($2,146,$00.00)and <br /> 00/100 to fund the remaining balance,pending receipt of the reimbursement. A,20 year debt <br /> schedule has been put together for this borrowed amount with an interest rate of 3 %%. <br /> Joyce Mason corrected the acreage amount paragraph 3 as 78.6,and not 87, as stated. <br /> Questions were raised as to what will be done with the remaining acreage. Chairman Bill <br /> Johnson voiced concerns over whether grant may restrict land use, and whether any <br /> restriction can be changed in the future. Joyce Mason stated once the restrictions are in <br /> place,they cannot be changed. Further,Mr. Johnson discussed the possible opportunity to <br /> generate water for the benefit of the Town, and that"value may materialize in the future". <br /> Oskar Klenert raised EPA concerns,possible future financial benefit of the land, and strongly <br /> suggested postponing voting until further exploration by an expert. Joyce Mason presented <br /> information on land use regulations and stated the Archdiocese would like to close by the enol <br /> of the fiscal year. Mr. Klenert also strongly questioned why a potential buyer backed out of a <br /> much lower priced purchase, Vice Chairman Gasior will change the verbiage in this Article, <br /> and recommendation on this Article will be mads at Town Meeting i <br />