09/11/2017 BOARD OF SELECTMEN Agenda Packet

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Draft#6 September 7, 2017 TOWN OF MASHPEE ANNUAL TOWN MEETING MONDAY, OCTOBER 16, 2017 Barnstable, ss: Greetings to the.Constabies of the Town, In the name of the Commonwealth of Massachusetts, you are hereby directed to notify and summon the inhabitants of the Town of Mashpee who are qualified to vote in the elections to meet at the Mashpee Nigh School on Monday,the 16xh day of October 2017 at 7:00 p.m. for the following purposes: To act o.n..the articles contairied.in the following Warrant. Article 1 (p#6) To --see if the Town will `note to appropriate and transfer the sum of $27,145 from-revenue available for appropriation to the Principal inside 2 '/ account, or take any other action relating . thereto. Submitted by the Tgvvn Treasurer Explanation: This�article is forthe purpose of fundingthe-debt associated with the CW!50-C loan from-the state. Thefinal debt schedule was-received after-the articles were submitted..-for May 2017Annual Tovain Meeting. The Board of Selectmen recommends Town Meeting approval by a vote of x-x The Finance Committee recommends Town Meeting approval by a vote of 5-0. Article 2 (D#6) To see if the Town will vote to amend and supplement each prior Vote of the Town that authorized the borrowing of money to pay capital project costs to provide that, in accordance with Chapter 44, Section 20 of the General Laws, as amended by the Acts of 2016, c.218, § 67, the premium received by the Town upon the sale of any bonds or notes thereunder, less the costs of preparing, issuing and marketing such bonds or notes, may be.applied to pay project costs and the amount authorized to be borrowed for each such project shall be reduced by the amount of any such premium so applied, or take any other action relating thereto. Submitted by the Town Treasurer 1