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program. Loans must be secured by a betterment assessed by the Town on the property being <br /> improved by the loan. In 2006, Barnstable County created their own community loan program. <br /> The repayment of the loans to the Town with the 5% interest is being repaid through previously <br /> issued property betterments. In order for the Town to be able to re-loan funds to future <br /> additional septic projects, the Town must annually reauthorize/re-approve participation in the <br /> Community Septic Management Program. Failure to reauthorize participation in the Program <br /> will restrict the Town from re-loaning funds to homeowners with failed septic systems. The <br /> repaid monies will be held in an account with the principal amount repaid to the Massachusetts <br /> Clean Water Trust as scheduled. <br /> The Board of Selectmen recommends approval of Article 15 by a vote of 5-0. <br /> The Finance Committee recommends approval of Article 15 by a vote of 6-0. <br /> Motion made by Selectman John Cotton. <br /> Motion: I move the Town vote to continue participation in the Community Septic Management <br /> Program and the Massachusetts Clean Water Trust (MCWT) for the purpose of making loans to <br /> residents of the Town for repairing and/or upgrading residential septic systems pursuant to <br /> agreements between the Board of Health and residential property owners, including all costs <br /> incidental and related thereto. <br /> Motion passes unanimously at 7:59 PM. <br /> Article 16 <br /> To see if the Town will vote to authorize the Board of Selectmen and/or the Conservation <br /> Commission to acquire title to a portion of that certain parcel of land designated on Mashpee <br /> Assessors' Map 45 as Block 50-0, located at 103 Meetinghouse Rd. in Mashpee, Barnstable <br /> County, Massachusetts, consisting of Three and Seventy Two One Hundredths (3.72 ac.) acres, <br /> more or less, as more specifically shown on the Plan of Land dated April 13, 2017, prepared for <br /> Mark and Donna Lopez by Cape & Islands Engineering (the "Plan"), by purchase from or <br /> exchange <br /> with owners thereof for open space, conservation and passive recreation purposes, consistent <br /> with the provisions of M.G.L. Ch.40, §8C and Article 97 of the Amendments to the Constitution <br /> of the Commonwealth of Massachusetts; and, in consideration of said acquisition, to authorize <br /> the Selectmen and/or Conservation Commission to transfer and convey by sale or exchange a <br /> portion of that certain parcel of Town owned land designated on the Mashpee Assessors' Map 45 <br /> as Block 9-0, located at 127 Meetinghouse Rd. in Mashpee, Barnstable County, Massachusetts, <br /> consisting of Three and Seventy Two One Hundredths (3.72 ac.) acres, more or less, as shown on <br /> said Plan; further, to authorize the Board of Selectmen and Conservation Commission to petition <br /> the General Court for such authorization and approval as may be required under Article 97 of the <br /> Amendments to the Constitution of the Commonwealth of Massachusetts to effect the exchange <br /> of land proposed herein; and to authorize the Board of Selectmen and Conservation Commission <br /> to enter into all agreements and execute any and all instruments on behalf of the Town, upon <br /> such terms and conditions as they shall deem to be in the best interest of the Town, to effect said <br /> exchange of real property interests; or take any other action relating thereto. <br /> Submitted by the Board of Selectmen/Conservation Commission <br /> 19 <br />