06/01/2020 BOARD OF SELECTMEN Agenda Packet

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Article T To see if the Town will vote to approve the regional school district debt assessment for the Cape Cod Regional Technical High School District Building Project for the fiscal year beginning July 1, 2020, in the amount of $6,260,701,�and further, to see if the Town will vote to raise and appropriate the sure of $487,847 to meet its share of the cast of debt for the Cape Cod Regional Technical High School District Building Project for the fiscal year beginning July 1, 2020, or tape any other action relating thereto, Submitted by the Board of Selectmen Explanation: Mashpee's share ofthe 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 TWO FINCOM: This article authorizes the raising and appropriating of$487,847.00, the Town of Mashpee's share in the cost of debt for the Cape Cod Regional Technical High Schoolfor the fiscal year beginning July 1, 2020. The Finance Committee recommends approval of Article 5 by a vote of S-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 past-employment benefits obligation. The Board of Selectmen recommends approval of Article f by a vote of 5-0 TINCOM• This article is to appropriate and transfer$250,000 from revenue available for appropriation to OPEB, Other Postemployment Benefits Irrevocable Trust Fund. This fund was established to in FY2013 to meet costs related to potential past-employment benefits. The Finance Committee recommends approval of Article f by a vote of 6-0 Article T 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 p applied to the payment p 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 is one of the initial steps in implementing the Town's watershed Nitrogen Management Plan/CLAMP. 23