03/23/2020 BOARD OF SELECTMEN Agenda Packet

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*DRAFT 3 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 Year 2021 is $487,847. The Board of Selectmen recommends approval of Article 5 by a vote of 5-0 The Finance Committee recommends approval of Article 5 by a vote of 5-1 Article 6 To see if the Town will vote to appropriate and transfer the sum of $250,000 from revenue available for appropriation to the Other Postemployment 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 approval 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 thereunder, 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 2% debt exclusion ballot question under General 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 design of Phase 1 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 treatment facility adjacent to the Town's transfer station. This project s one of the initial 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 surcharge 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 commence in Fiscal Year 2021, effective July 1, 2020;or take any other action relating thereto. Submitted by the Board of Selectmen