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and that said$411,718 be raised through departmental Article 20 <br /> receipts of the enterprise. <br /> To see if the Town will vote to re-authorize the <br /> Motion passes unanimously at 8:09 PM. Council on Aging Revolving Fund,through the Town <br /> Accountant, in accordance with Massachusetts <br /> Article 19 General Laws, Chapter 44,Section 53E 1/2 to be <br /> expended under the direction of the Council on Aging; <br /> To see if the Town will vote to reauthorize the said Fund to be funded by revenues collected from <br /> Recreation Revolving Account through the Town Council on Aging program income and expended for <br /> Accountant's Office in accordance with purposes furthering the operation of programs by the j <br /> Massachusetts General Laws, Chapter 44, Section Council on Aging,and to establish the limit on expen- <br /> 53E 'h , to be expended under the direction of the ditures from said account for Fiscal Year 2013 at <br /> I <br /> Recreation Department,said Account to be funded by $15,000,or take any other action relating thereto. <br /> revenues collected from the various Recreation <br /> Department Programs and expended for the purpose Submitted by the Board of Selectmen <br /> of paying such wages,benefits and other related costs <br /> and expenses as are necessary to conduct Recreation Explanation: This revolving fund is required in order <br /> Department Programs; and to establish the limit on to receive and disburse funds generated through pro- <br /> expenditures from said account for Fiscal Year 2013 at grams supported by such revolving fund such as <br /> $300,000,or take any other action relating thereto. senior trips, educational programs, educational pro- <br /> gram staff, transportation programs, etc. Revenues <br /> Submitted by the Board of Selectmen will be used to offset expenses related to these pro- <br /> grams and activities. <br /> Explanation: This revolving account is required in <br /> order to receive and disburse funds generated through The Board of Selectmen recommends approval by <br /> programs supported by such revolving fund. a vote of 5-0. <br /> Revenues must be used to offset expenses of these <br /> programs. The Recreation Department, through its Finance Committee recommends approval by a <br /> agent,will manage this account. vote of 5-0,2 absent. <br /> The Board of Selectmen recommends approval by Motion made by Selectman Thomas O'Hara. <br /> a vote of 5-0. <br /> Motion: I move the Town vote to re-authorize the <br /> Finance Committee recommends approval by a Council on Aging Revolving Fund,through the Town <br /> vote of 5-0,2 absent. Accountant, in accordance with the Massachusetts <br /> General Laws, Chapter 44, Section 53E 1/2 to be <br /> Motion made by Selectman John Cahalan. expended under the direction of the Council on Aging, <br /> in order to place anticipated revenues collected from <br /> Motion: I move the Town vote to re-authorize the program income which shall be used to further the <br /> Recreation Revolving Account, through the Town operation of programs under the Council on Aging, <br /> Accountant, in accordance with the Massachusetts and to establish the limit on expenditures from said <br /> General Laws, Chapter 44, Section 53E 'F6 to be account for Fiscal Year 2013 at$15,000. <br /> expended under the direction of the Recreation <br /> Department, in order to place anticipated revenues Motion passes unanimously at 8:12 PM. <br /> collected from program income which shall be used to <br /> further the operation of programs under the Article 21 �! <br /> Recreation Department, and to establish the limit on <br /> expenditures from said account for Fiscal Year 2013 at To see if the Town will vote to appropriate and trans- <br /> $300,000. fer $15,000 from the Waterways Improvement Fund <br /> Motion passes unanimously at 8.11 PM. Account to the Waterways Equipment/Maintenance <br /> y Account,or take any other action relating thereto. <br /> Submitted by the Board of Selectmen <br /> 59 <br />