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identify those areas in Town where septic upgrades are needed and direct the funds to those <br /> priority areas. In order to qualify for the loans, town meeting must vote to authorize the Town to <br /> borrow funds from the trust. The community will have 18 years to repay the loan to the trust. <br /> Recommendation lo, The Finance Committee recommends approval. <br /> Motion made by George Green. <br /> Motion: I move that the sum of $170,000 is hereby appropriated for the purpose of making <br /> loans to residents of the Town for repairing and/or upgrading residential septic systems pursuant <br /> to agreements between the Board of Health and residential property owners, including the <br /> payment of all costs incidental and related thereto, and that to meet this appropriation, the Town <br /> Treasurer, with the approval of the Selectmen, is hereby authorized to borrow said amount under <br /> ,and pursuant to Chapters, I 11, Section 127B, '/2 and 29C of the General Laws, or any other <br /> enabling authority, and to issue bonds or notes of the Town therefor. <br /> Motion passes unanimously at 8:3�O p.m. <br /> Article I I <br /> To see if the Town will vote to raise and appropriate, borrow or transfer from available funds <br /> $446,419 to provide for road improvement projects under Chapter 90 related funds, or take any <br /> other action relating thereto. <br /> Submitted by the Department of Public Works <br /> Explanation: This article authorizes the use of funds to be 100% reimbursed by the <br /> Commonwealth of Massachusetts,. These revenues are the apportioned State gas tax back to the <br /> cities and towns. The level funding of 1998 is anticipated to be the total funds available to <br /> Mashpee in Fiscal Year 2003. <br /> Recommendation,: The Finance Committee recommends approval. <br /> Motion made by John Cahalane.. <br /> Motion: I move the Town vote to appropriate $446,4,19 to provide for road improvement <br /> projects in and for the Town, in accordance with the provisions of Chapter 90 of the <br /> Massachusetts General Laws. <br /> 0 0 <br /> Motion passes unanimously at 8:30 p.m. <br /> Article 12 <br /> To see if the Town will vote to raise and appropriate or transfer from available funds $5,000 to <br /> the Charter Commission Account, or take any other action relating thereto. <br /> Submitted by the Board of Selectmen <br />