10/20/2003 Annual Town Meeting - Laserfiche WebLink

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incidental and related thereto, and to raise such appropriation, the Treasurer, with the approval of the Selectmen, be authorized to borrow $125,000 or any other sum under and pursuant to Chapter 44, Sections 7 and 8C and, if applicable, Chapter 40, section 8C of the General laws, or any other enabling authority, and to issue bonds or notes of the Town therefor, with said borrowing to be repaid with funds from the Land Bank Fund established by the Town under the provisions of Chapter 293 of the Acts of 1998 (An Act Relative to the Establishment of the Cape Cod Open Space Land Acquisition Program); and further, vote to raise and appropriate $1,500 to the Issuance of Debt Account; and further, to authorize the Board of Selectmen to apply for and accept Federal, State and / or County grants to be applied by the Town toward the financing of this purchase, and to enter into contracts or agreements with Federal, State and / or County agencies, the Masi pee Water District, private conservation trusts or other entities or persons in connection with the purchase of all or a portion of such land and its preservation and management for conservation, passive recreation and water supply protection purposes,, including conveyance and enforcement of a perpetual conservation restriction on the land in accordance with Chapter 184 of the General Laws as required by the provisions of Chapter 293, section 10 of the Acts of 1998 as amended, to an organization qualified and willing to hold such a restriction-, and finally, to authorize the Board of Selectmen to enter into agreements and execute any and all instruments as may be necessary on behalf of the Town to effectuate said acquisition or preservation, or take any other action relating thereto. Submitted by Open Space Committee Explanation: This article would authorize the Board of Selectmen to purchase, for the purposes ,allowed by the Land Bank Act, a portion of a 23.6-acre parcel on the south side of William Mingo Road, which is surrounded on three sides by open space acquired by the Town with Land Bank funds. The land is in the Mashpee National Wildlife Refuge, is recommended for acquisition by the Comprehensive Plan and the Town's open space plan, and is both a potential well site and within the recharge area of the Mashpee Water District's "Belcher" well site. The purchase would be made jointly by the Town and the Mashpee Water District, with the District contributing $275,000 and the Town contributing the remainder of the $400,000 purchase price using Land Bank funds. The Town and the District would each acquire a proportionate share of the property, with the Town acquiring approximately 7.38 acres. Motion made to dispense with reading of Article 10 at 7:58 p.m.0 Motion to dispense with reading of Article 10 passes at 7:58 pm. Motion made by Wayne Taylor, Motion-. I move Article 10 be indefinitely postponed Motion to indefinitely postpone Article 10 passes unanimously at 7:59 p�.m. October 20, 2003 Town Meeting