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16 <br /> Board of Selectmen <br /> Minutes <br /> August 21, 2017 <br /> OLD BUSINESS <br /> Review and Action on Draft#4 October Town Meeting Warrant: (continued) <br /> Article#8: Continued <br /> Mrs. Botsford indicated the homes deeded in perpetuity as affordable would be rehabilitated where <br /> necessary. The target of the program is to produce rentals at least 20%below fair market value. Credit <br /> and history background reviews would assist in the rental selection process. <br /> In considering costs Mrs. Botsford outlined the monthly rent savings projection for a 2 bedroom as a$49 <br /> per month and 3 bedroom$29/month savings. The MHA anticipates setting aside rental funds to <br /> support the mortgage payment,repairs,maintenance and monthly management fees. <br /> In considering the proposal, it was recommended the project be offered exclusively to Mashpee <br /> residents only. <br /> Motion made by Selectman Gottlieb to include Article#8 of the October warrant amending the <br /> language to offer the rental units exclusively to Mashpee residents only, and further to <br /> co-sponsor the article with the Community Preservation Committee to reserve the right to change <br /> the program. <br /> Motion seconded by Selectman Sherman. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman O'Hara,yes Selectman Cotton,yes Selectman Sherman,yes <br /> Selectman Gottlieb,yes Selectman Cahalane,yes Opposed,none <br /> Article#9: To transfer the sum of$20,000 from the Waterways Improvement Fund to the <br /> Department of Natural Resources Equipment Expense Account to purchase <br /> equipment/hardware for the maintenance of the waterways by the DNR/Harbormaster. <br /> The article was amended from$70,000. <br /> Motion made by Selectman Gottlieb to include Article#9 of the October warrant as reduced to <br /> $20,000. <br /> Motion seconded by Selectman Sherman. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman O'Hara,yes Selectman Cotton,yes Selectman Sherman,yes <br /> Selectman Gottlieb,yes Selectman Cahalane,yes Opposed,none <br />