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i" <br /> Explanation: The interest inside 2 1/2 is for the Bufflehead Bay land <br /> purchase. These funds were borrowed after the budget for the May Town <br /> meeting was prepared <br /> Recommendation: The Finance Committee recommends approval. �} <br /> Article 6. <br /> To see if the Town will vote to raise and appropriate or transfer from available <br /> funds the sum of $614.62 to the Interest Inside 2 1/2 Account, and appropriate <br /> and transfer the sum of $21,240 from the Fire Department 1989 Pumper Rehab <br /> Capital account as follows: $18,750 to the Principal Inside 2 1/2 Account and <br /> $2,490 to the Interest Inside 2 1/2 Account, or take any other action relating <br /> thereto <br /> Submitted by the Treasurer/Collector <br /> Explanation: The amount for the pumper rehab was appropriated to the <br /> capital improvement account rather than the debt service account, and additional <br /> funds are required for interest. <br /> Recommendation: The Finance Committee recommends approval. <br /> I' <br /> Article 7. <br /> To see if the Town will vote to raise and appropriate or transfer from available <br /> funds the sum of $1,140 to the Treasurer/Tax Collector Educational Incentive <br /> Account, or take any other action relating thereto. <br /> Submitted by the Treasurer/Collector <br /> Explanation: Pursuant to Article XXIII of the Clerical Union Contract, an <br /> employee in the Office of the Treasurer/Tax Collector is entitled to this amount. <br /> This is based on 114 credits at $10.00 per credit. <br /> Recommendation: The Finance Committee recommends approval. <br /> t <br /> 'kr <br /> Page 3 <br />