03/16/2020 BOARD OF SELECTMEN Agenda Packet

Home Browse Search

*DRAFT 2 MAY 2020 TOWN MEETING WARRANT* Page 16 Explanation,., Mashpee's share of the Cape Cod Regional Technical High School debt for the Cape Cod' Regional Technical High School Building Project for Fiscal Yelair 2021 is, $487,847. The Board of Selectmen recommends approval of Article 5 by a vote of 5-01 The Finance Committee recommends approval of Article 5 by a to of 51 Article 6 To see if the Town will vote-to appropriate and transfer the sum of $25 , from revenue available for appropriation to the Other Postemiployment Benefits Irrevocable Trust Fund, or,take any other action, relating thereto. Submitted by the Board of Selectmen Explanation: This article will add funds to the OPEB, Irrevocable Trust Fund which was established in FY 2013 to assist the Town with meeting its potential post-employment benefits obligation. The Board of'Selectmen recommends approval of Article 6 by a vote of 5-0 The Finance Committee recommends aipproval of Article 6 by a vote of 6-0 Article 7 To see if the town will appropriate the sum of' $2,480,000 by borrowing for the planning and design of wastewater collection, treatment and disposal initiatives in the Town, of Mashpee, including all expenses incidental and related thereto,to authorize the Treasurer,with the approval of the Board of Selectmen, to issue any bonds or notes that may be necessary for that purpose, and to apply the premium received by the Town upon the sale of any bonds or notes thereuindlier, less any such premium applied to the payment of the costs of issuance of such bond or notes, to pay project costs, and reduce the amount authorized to be borrowed by the amount of the premium so applied; provided, however, that this appropriation and debt authorization shall be contingent upon passage of a Proposition 2Y2 debt exclusion ballot question under ueneral Laws Chapter 59, § 21C(k), or take any other action relating thereto. Submitted by the Board of Selectmen Explanation: This article would provide funding to complete the d,esign, of Phase I of the wastewater treatment plant to be located adjacent to the Town's solid waste transfer station and further to design the phase 1 sewer collection system to be connected to, the wastewater • r treatment facility adjacent to the Town's transfer station. This project is one of the initiail steps in implementing the Town's Watershed Nitrogen Management Plan/CWMP. The Board of Selectmen recommends approval of Article 7 by a vote of 5-0 The Finance Committee recommends approval of Article 7 by a vote of 6-0 Article 8 To see if the Town will vote to accept General Laws Chapter 40, Section 39M for the purpose, of establishing a separate account to be known as the Municipal Water Infrastructure Investment Fund,, revenues from which shall be expended exclusively for maintenance, improvements and investments to municipal drinking, wastewater and stormwater infrastructure assets, and, further, to authorize the imposition of a water infrastructure surchiarge on real property in the Town at the rate of two per cent (2%) of the real estate tax levy against said real property, as determined annually by the Board of Assessors, which will be deposited, into the Fund; said surcharge to cornmence in Fiscal Year 2021, effective July 1, 2020;or take any other action relating thereto. Submitted by the Board of Selectmen