Laserfiche WebLink
The Finance Committee recommend approval of Article 25 by a vote of 4-0. <br /> Motion made by Selectman Carol Sherman. <br /> Motion: I move the Town vote to establish the limit on expenditures from the Library Revolving <br /> Account at$25,000 for FY 2018. <br /> Motion passes unanimously at 8:33 PM. <br /> Article 26 <br /> To see if the Town will vote to establish the limit on expenditures from the Historical <br /> Commission/Archives Revolving Account at $2,500 for FY 2018, or take any other action relating <br /> thereto. <br /> Submitted by the Historical Commission <br /> Explanation: It is required that an expenditure limit be established for each revolving fund. The <br /> Department responsible for managing the revolving fund determines this limit based on anticipated <br /> expenses associated with the various programs that generate revenue for the fund. <br /> The Board of Selectmen recommend approval of Article 26 by a vote of 5-0. <br /> The Finance Committee recommend approval of Article 26 by a vote of 4-0. <br /> Motion made by Selectman Andrew Gottlieb. <br /> Motion: I move the Town vote to establish the limit on expenditures from the Historical <br /> Commission/Archives Revolving Account at $2,500 for FY 2018. <br /> Motion passes unanimously at 8:34 PM. <br /> Article 27 <br /> To see if the Town will vote to appropriate and transfer from the FY 2018 Community Preservation <br /> Fund Estimated Revenues the sum of $40,000 to the Community Preservation Committee <br /> Administrative and Operating Expense Account, pursuant to the provisions of M.G.L., Chapter <br /> 4413, §5, including any necessary costs related thereto, as recommended by the Community <br /> Preservation Committee, or take any other action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: To provide annual funding in FY2018 for the administrative and operational costs of <br /> the Community Preservation Committee which includes project costs associated with and incidental <br /> to the Community Preservation Committee. Under the CPA Act, up to 5% of the annual CPA funds <br /> may be spent on the operation and administrative costs of the Community Preservation Committee. <br /> Funding supports legal and professional fees, technical reviews, appraisal costs, signage, annual <br /> 26 <br />