06/01/2020 BOARD OF SELECTMEN Agenda Packet

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The Board of Selectmen recommends approval of Article 7 by a vote of 5-0 FI► COM:This article authorizes the borrowing and appropriation of$2,480,000 for the planning and design of Phase 1 of the wastewater collection, treatment and disposal initiatives in the Town of Mash pee adjacent p to the Town's Transfer Station. A two-thirds majority is required to approve this article followed by a Proposition 2%debt exclusion ballot at the Town Election on May.19, 2020. The Finance Committee recommends approval of Article 7 by a vote of 5-0 Article 8 To see if the Town will vote to accept General Lanus 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 2022, effective July 1, 2021; or take any other action relating thereto. Submitted by the Board of Selectmen Explanation: This article establishes a special fund for infrastructure for wastewater, stormwater and municipal drinking water. The funding source is a surcharge of two percent(2%)on the annual property tax assessed on real property starting in Fiscal Year 2022, which begins on July 1, 2021. Peal estate properties that are fully exempt from property taxes are not subject to the surcharge. In addition, taxpayers who receive partial exemptions of the real estate takes assessed on their domiciles, including certain seniors, veterans, blind persons and surviving spouses, are fully exempt from the surcharge. Taxpayers that receive other exemptions 'or abatements of their real estate takes will receive a pro rats reduction in their surcharges. The Board of Selectmen recommends approval of Article 8 by a vote of 5-0 FINCOM.This,article is a follow up from the Article 7"which requested borrowing for the planning and design of Phase 1 of the Wastewater treatment plant. This article authorizes the establishment of a Municipal Water Infrastructure Investment Fund(W11F)to be used for municipal drinking, wastewater and storm water infrastructure assets. The fund will be funded by a two percent(2%)surcharge on the real estate tax levy. The current 3% CPA tax will be reduced to 2°a, resulting in a net increase of .1% to the taxpayer. The estimated impact is about$.09 per thousand or approximately `42 for an average residential assessment of$492,000. Subsequent to approval of this Article, this matter will be on the ballot at the Presidential Election in November 2020. The Finance Committee recommends approval of Article 8 by a vote of 6-0 Article 9 To see if the Town will vote to amend its acceptance of the Massachusetts Community Preservation Act (General Laws Chapter 44B, Sections -7) by reducing the annual surcharge imposed on real property in the Town for Chapter 44B purposes from the rate of three percent (3%)to the rate of two per cent (2%) of the real estate tax levy against said property; said reduction to take effect in Fiscal Year 2022, effective July 1, 2021; or take any other action: relating thereto. Submitted by the Board of Selectmen 24