05/01/2023 ANNUAL TOWN MEETING - Laserfiche WebLink

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Submitted by the Select Board and the Sewer Commission Explanation: This Article would provide funding to complete the construction of the Phase 1 wastewater collection and treatment system as originally proposed and bid in in the summer of 2022, including items listed as "Alternates". The Town requested, and Mass DEP approved, inclusion of funding in this amount in Mass DEP's 2023 Intended Use Plan (IUP) for a zero-interest State Revolving Fund (SRF) loan. This article requires a 2/3 vote. The Select Board recommends approval of Article 10 by a vote of 5-0 The Finance Committee recommends approval of Article 10 by a vote of 7-0 Motion made by Select Board Member Sherman Motion: I move that the Town vote to appropriate $12,000,000 to fund construction completion of Phase 1 of the Town's comprehensive nitrogen and wastewater management, treatment and disposal improvement plans, including sanitary sewer mains, lift stations, and related wastewater collection and treatment system improvements, including without limitation all costs thereof as defined in Section 1 of Chapter 29C of the General Laws; that to meet this appropriation the Treasurer with the approval of the Select Board is authorized to borrow $12,000,000 and issue bonds or notes therefor under Chapter 44 of the General Laws and/or Chapter 29C of the General Laws; that the Treasurer with the approval of the Select Board is authorized to borrow all or a portion of such amount from the Massachusetts Clean Water Trust established pursuant to Chapter 29C and in connection therewith to enter into a financing agreement with the Trust and otherwise to contract with the Trust and the Department of Environmental Protection with respect to such loan and for any federal or state aid available for the project or for the financing thereof; and that the Select Board and/or the Town Manager is authorized to enter into a project regulatory agreement with the Department of Environmental Protection, to expend all funds available for the project and to take any other action necessary to carry out the project; and, further, to authorize the Select Board and/or Town Manager to apply for and accept any Federal, State, County or other funds that may be available for this purpose and to enter into any Inter-municipal or other Agreements necessary for acceptance of any such grants or funds which shall be used to offset the total appropriation authorized herein; provided, however, that this appropriation and debt authorization shall be contingent upon passage of a Proposition 2 1/2 debt exclusion ballot question pursuant to General Law Chapter 59, § 21C(k). Motion passes unanimously at 7:49 PM