10/20/2000 Annual Town Meeting - Laserfiche WebLink

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moderator's declaration of the vote and a counted vote shall occur. Motion passes unanimously at 7,.,43, p.m. Article 2 To see if the Town will vote to raise and appropriate or transfer from available funds $3,384 to the Interest Temporary Borrowing Inside 2 1/2 Account, $26,370 to the Interest Inside 2 1/2 Account, $74 to the Principal Inside 2 V2 Account, and $30 to the Principal Outside 2 V2 Account, or take any other action relating thereto. Submitted by the Treasurer Explanation: At the time the budget was prepared for the May Annual Town Meeting, the amounts needed in these accounts were not known and were therefore estimated. Fu dir Land Bank Other Total Interest Temporary Borrow Inside 2 1/2 111817 (81433) 3,384 Interest Inside 2 1/2 26X0 26X0 Principal Inside 2 1/2 74 74 Principal Outside 2 1/2 30 30 a, Recommendation: The Finance Committee recommends approval. Motion made by John Cahalane. Motion-. I move the Town vote to raise and appropriate $5,748 to the Interest Inside 2 1/2 Account, $30 to the Principal Outside 2 1/2 Account, and further the Town vote to appropriate and transfer from the Land Bank Account; $20,622 to the Interest Inside 2 1/2 Account, $74 to the Principal Inside 2 '/2 Account, and $3,384 to the Interest Temporary Borrowing Inside 2 1/2 Account. Motion passes unanimously at 7.,,45 p.m* Article 3 To see if the Town will vote to amend Line Item #83 of the Omnibus Budget Temporary Borrowing Outside 2 1/2 from $90,301 to $70,414 and to amend Line Item #81 of the Omnibus Budget Interest Outside 2 1/2 from $1,490,169 to $1,425,712, or take any other action relating thereto. Submitted by the Treasurer Explanation: At the time the budget was prepared for the May Annual Town Meeting, the amounts needed in these accounts were not known and were therefore estimated. Recommendation:,, The Finance Committee recommends approval.