10/28/2019 BOARD OF SELECTMEN Minutes

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5 Board of Selectmen Minutes October 28, 2019 Presentation on Selection and Finance Process for State Revolving Fund: Nate Keenan—Mass Clean Water Trust; Maria Pinaud—Mass DEP: (continued) The SRF payment system is fluid. Payment requisitions are submitted with receipts and invoices attached. They are reviewed, and committed for payment which is generally made within a week every Thursday. Projects are monitored monthly to ensure work is completed in accordance with the project submittal. Inspections are conducted to support requisition submittals. With 90% completion, final figures are reviewed. Upon closure a project completion certificate is issued. It was noted that Cape towns are unique and fortunate to have the new Cape Cod Trust Fund for wastewater and drinking water funding assistance. Tom Fudala, a member of the Sewer Commission indicated the Town is currently receiving 0% SRF septic loans and also made note the Town has not adopted the Growth Neutral Bylaw to date. Mary Waygan asked what statute sets the criteria for the SRF Intended Use Plan. 29-C, Section 6. Finance Committee member Greg McKelvey asked if low income residents would have the ability to connect their homes to a sewer system using the 0% SRF loan. It was noted this could be achieved through a betterment program. Mr. Keenan was requested to further define the criteria regarding public ownership of a treatment plant and/or if it is owned by a town would this be supported with SRF funding. Mr. Keenan indicated that technically the SRF cannot actually finance a private company. More detail is required. Mr. Keenan was also asked if a town would have the ability to obtain guidance from the Trust, such as with project engineering assistance. It was uncertain, but non-capital items such as design and planning cannot be funded with SRF loans. In the two-year loan process through the Trust the Town of Mashpee would most likely begin by responding to the solicitation in June of 2020.