05/02/2016 Annual Town Meeting - Laserfiche WebLink

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Motion: I move the Town vote to appropriate and transfer $2,544.09 from the Overlay Surplus account,to the following overlay accounts in the amounts as noted: FY 2000 $952.25 FY 2001 $949.18 FY 2002 $162.02 FY 2003 $109.80 FY 2004 $306.00 FY 2005 $ 64.84 Motion passes unanimously at 8:25 PM. Article 16 To see if the Town will vote to continue participation in the Community Septic Management Program and the Massachusetts Clean Water Trust (MCWT) for the purpose of making loans to residents of the Town for repairing and/or upgrading residential septic systems pursuant to agreements between the Board of Health and residential property owners, including all costs incidental and related thereto, or take any other action relating thereto. Submitted by the Board of Health Explanation: The Commonwealth of Massachusetts, through the Clean Water Trust, has provided approximately $660,000.00 at 0% interest to the Town of Mashpee to assist homeowners in complying with Title V since 1998. The loans are available to homeowners at 5% interest, to cover any ongoing costs of the program. Loans must be secured by a betterment assessed by the Town on the property being improved by the loan. In 2006, Barnstable County took over issuance of new loans. The repayment of the loans to the Town with the 5% interest is being repaid through previously issued property betterments. In order for the Town to be able to re-loan funds to future additional septic projects, the Town must annually reauthorize/re-approve participation in the Community Septic Management Program. Failure to reauthorize participation in the Program will restrict the Town from re-loaning funds to homeowners with failed septic systems. The repaid monies will be held in an account with the principal amount repaid to the MCWT as scheduled. The Board of Selectmen recommends Town Meeting approval by a vote of 5-0. The Finance Committee recommends Town Meeting approval by a vote of 5-0. Motion made by Selectman Carol Sherman. Motion: I move the Town vote to continue participation in the Community Septic Management Program and the Massachusetts Clean Water Trust (MCWT) for the purpose of making loans to residents of the Town for repairing and/or upgrading residential septic systems pursuant to agreements between the Board of Health and residential property owners, including all costs incidental and related thereto. Motion passes unanimously at 8:26 PM. 17