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3 <br /> Mashpee Finance Committee-Select Board <br /> Minutes <br /> October 16, 2023 <br /> ADDITIONAL TOPICS-VOTED BY SELECT BOARD <br /> (This space is reserved for topics that the Chair did not reasonably anticipate would be discussed) <br /> Reo )en Warrantmfor,Review/,Amendment,of Article 1 (Wastewater Planning and Desist <br /> AJt ,ropriation)Fyn Source4 <br /> Motion made by Selectman Cotton to reopen the Fall Annual Town Meeting Warrant for <br /> the purposes of review and substitution of Article#1. <br /> Motion seconded by Selectman Sherman. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman Cotton,yes Selectman O'Hara,yes Selectman Sherman,yes <br /> Selectman Weeden,yes Selectman Wyman-Colombo,yes Opposed,none <br /> Town Counsel Patrick J. Costello indicated the Select Board motioned at their October 12, 2023 <br /> meeting to allow the transfer of$3,000,000 from revenue available for appropriation(free cash). <br /> Re-opening the warrant would allow for the substitution of Article 41 which merely adds the <br /> transfer of funds and the authorization to allow the Treasurer to borrow the amount of$4,500,000 <br /> under M.G.L. Chapter 44 sections 7 and/or 8 or any other enabling authority to issue such bonds <br /> or notes as may be necessary for such purpose....The warrant would then be closed allowing the <br /> legislative body of Town Meeting the authority to vote at the October 16, 2023 Town Meeting. <br /> With the concurrence of the two bodies; the Select Board and Town Meeting, action can be taken <br /> on the new substitute article which seeks a dual funding source,a required a debt authorization by <br /> ballot. <br /> Motion made by Selectman Weeden to Substitute Article#1 of the October 16,2023 Town <br /> Meeting warrant adding the new and revised language as referenced. <br /> Motion seconded by Selectman Sherman. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman Cotton,yes Selectman O'Hara, yes Selectman Sherman,yes <br /> Selectman Weeden,yes Selectman Wyman-Colombo,yes Opposed, none <br /> The Finance Committee is not required to re-vote on this article. <br /> Copies of the revised motion would be distributed to the voters at Town Meeting. <br />