10/19/2009 Annual Town Meeting - Laserfiche WebLink

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Explanation-, This article will transfer funds needed to complete the maintenance dredge permitting process for the 1916, Channel, as well as obtain permits for the possible dredging of the mouth of the Mashpee River, which will de determined once a sediment analysis has been completed. Upon permit approval it is estimated to cost $170,000+/- to dredge the 1916 Channel. It is unclear what the cost of dredging will be for the mouth of the Mashpee River as it has not been determined where we could place the dredge spoils from the River. The Waterways Commission has projected a maintenance dredge expense of $500,000+1- over the next three years that includes the 1916 Channel, with anticipated revenues reaching $650A0+/-. The Board of Selectmen recommends approval,by a vote of 4-0, one absent. The Finance Committee recommends approval by a vote of 4 in favor, 2 opposed, I abstained. Motion made by Selectman Michael Richardson, Motion: I move the Town vote to appropriate and transfer $100,000 from the Waterways Improvement Fund Account to the Waterways Channel Permit Expense Account. Motion passes at 7:1.6PM Article 6 To see if the Town will vote to appropriate and transfer, pursuant to the provisions of M.G.L. Chapter 44B, §6 to reserve from the FY2010 estimated Community Preservation revenues, the following amounts; $1331853.63 10% for Open Space purposes, $1331853.63 10% for Historic purposes $1331853.63 10% for Affordable Community Housing purposes $9361975.38 to the FY201 0 Community Preservation fund Budgeted Reserve as recommended by the Community Preservation Act Committee, or take any other action relating thereto. Submitted by the Community Preservation Committee Explanation-. This article seeks to set aside 10% of the estimated Community Preservation funds for open space, historic resources and affordable housing. The Board of Selectmen recommends approval by a vote of 4-0, one absent. The Finance Committee recommends approval by a vote of 6-0, one absent. Motion made by Selectman Don Myers0 4