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replenished since the applicant has demonstrated that the FAM was in place to serve as a <br /> performance bond for the future. <br /> Mr. Bennett stated that he had been to the Board, twice, regarding the escrow release and <br /> reduction to monitoring requirements and concurred with Mr. Lehrer that the minutes indicated <br /> that a minor modification was needed to release the funds. The Chair and Mr. Balzarini agreed <br /> that the Special Permit should be modified. Mr. Bennett proposed replacing"post a performance <br /> bond, in the form of a fund of$125,000, payable to the Town of Mashpee" with"maintain a <br /> Financial Assurance Mechanism." Also,Mr. Lehrer recommended replacing mention of"the <br /> Fund" with "FAM" where appropriate. There was consensus from the Board and agreement that <br /> they would vote on the matter after reviewing the draft Special Permit Modification. <br /> Mr. Hansen inquired whether the FAM would be restablished with the 25%value of the new <br /> value of the plant. Mr. Bennett responded that a report was completed annually regarding the <br /> accurate value, adding that the matter was updated due to the permit renewal every 5 years, and <br /> adjusted accordingly. Mr. Bennett agreed to the changes as discussed. <br /> The Chair stated that the Public Hearing would not be closed at this time to allow for the Board <br /> to review the draft, but that the escrow could be released by vote tonight. Mr. Lehrer reported <br /> that he received the wrong form from the Treasurer but that the Board could vote to reduce the <br /> escrow funds to zero, sign the document and the applicant would sign the document and deliver <br /> it to the Treasurer. Mr. Lehrer will make the correct form available as soon as possible, to be <br /> signed by the Board. <br /> MOTION: Mr. Balzarini made a motion to release the performance bond in the amount of <br /> $125,000, plus interest, submitted by Mr. Bornstein, to the amount of$0 to Windchime. <br /> Mr. Weeden seconded the motion. All approved unanimously. <br /> Mr. Mooney stated that the amount was $166,319 and Mr. Lehrer responded that, for the <br /> purposes of the motion, it was appropriate to state the initial amount required by the Special <br /> Permit, knowing that it was an interest accruing account. <br /> MOTION: Mr. Balzarini made a motion to continue the Public Hearing to 7:10 p.m., <br /> January 16, 2019. Mr. Weeden seconded the motion. All approved unanimously. <br /> Mr. Bennett inquired about the specificity the Board required regarding adjustments to the <br /> monitoring. The Chair responded that she would forward her request to Mr. Lehrer who would <br /> be in touch with Mr. Bennett. Mr. Rowley recommended developing a timeline to show any <br /> significant changes to the groundwater over the 12 year time frame. Mr. Bennett responded that <br /> each report contained a conclusion. Mr. Rowley inquired where information was gathered for <br /> the monthly reports and Mr. Bennett responded that it was gathered from raw sewerage to the <br /> plant, effluent testing(material after disinfection to leach field), monitoring sampling at wells, <br /> ground water at piezometers and surface water in the river. Mr. Rowley inquired about testing <br /> 6 <br />