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Article 43 <br /> To see if the Town will vote to secure architectural services to design a new <br /> elementary school and for said purpose and for expenses incidental and related <br /> thereto the Town vote to appropriate and incur indebtedness of $400,000 and the <br /> Treasurer, with the approval of the Board of Selectmen be authorized to borrow at <br /> one time or from time to time $400,000, under and pursuant to Chapter 44 Sections 7 <br /> and 8 of the General Laws, or any other enabling authority and to issue bonds or <br /> notes of the Town therefore, and further to see if the Town will vote to raise and <br /> appropriate to the School Building Account to provide interest payments and debt <br /> issuance expenses with said bonding authorization contingent upon passage of a <br /> referendum to exclude the principal and interest on such debt from the tax levy <br /> limitation imposed by Chapter 59, Section 21C of the General Laws (so-called <br /> • Proposition 2-1/2). <br /> MOTION <br /> that the Town vote to secure architectural services to design a new <br /> elementary school and for said purposes and for expenses incidental and related <br /> thereto, the sum of $400,000 is hereby appropriated and the Treasurer with the <br /> approval of the Board of Selectmen, is hereby authorized to borrow at one time or <br /> from time to time, the sum of $400,000 under and pursuant to Chapter 44, Section <br /> u 7(3), of the General Laws, or any other enabling authority and to issue bonds or <br /> notes of the Town therefor, provided that said bonding authorization shall be <br /> contingent upon passage of a referendum question to exclude the principal and <br /> interest on such debt from the tax levy limitation imposed by Chapter 59, Section <br /> 21C, of the General Laws (so-called Proposition 21/2). <br /> MOTION TO APPROPRIATE $400 , 000 <br /> MOTION TO BORROW $400 , 000 . . . .CONTINGENT ON A 2'-i OVERRIDE <br /> MOTION DOES NOT PASS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 : 28 P.M. <br /> 1 MOTION TO LIMIT DEBATE. . . .MOTION CARRIES <br /> YES 207. . . . . . . .No 33 . . . . . . . . . . . .10 : 27 P.M. <br />