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(13) To comprise, attribute, defend, enforce, Motion: I move Article 19 be voted as printed in the <br /> release, settle or otherwise adjust claims in warrant, with the exception of the phrases, "(need to <br /> favor or against the trust, including claims for have Town Counsel determine the appropriate section <br /> taxes, and to accept any property, either in number), and "or take any other action relating <br /> total or partial satisfaction of any indebtedness thereto'. <br /> or other obligation, and subject to the provi- <br /> sions of this act, to continue to hold the same Motion made to dispense with reading of Article <br /> for such period of time as the board may deem 19 at 9:47PM. <br /> appropriate; <br /> Motion to dispense with reading of Article 19 <br /> (14) To manage or improve real property; and to passes at 9:47PM. <br /> abandon any property which the board deter- <br /> mined not to be worth retaining; Motion passes unanimously at 9:47PM. <br /> (15) To hold all or part of the trust property unin- Article 20 <br /> vested for such purposes and for such time as <br /> the board may deem appropriate; and To see if the Town will vote to authorize the Mashpee <br /> Housing Authority to develop and construct two addi- <br /> (16) To extend the time for payment of any obliga- tional duplex units of low income housing, containing <br /> tion to the trust. no more than nine additional bedrooms, on the 6.2 <br /> acre parcel of real property located at 570 Old <br /> or take any other action relating thereto. Barnstable Road pursuant to and in accordance with <br /> the Quitclaim Deed, dated February 8, 1988 and <br /> Submitted by the Board of Selectmen recorded at the Barnstable County Registry of Deeds <br /> at Book 6159,Page 168,or take any other action relat- <br /> Explanation: The State legislature approved the ing thereto. <br /> Municipal Affordable Housing Trust Fund Act last <br /> year and was signed into law by Governor Romney on Submitted by the Board of Selectmen <br /> January 7, 2005. The law gives all communities the <br /> local option to create municipal affordable trust funds. Explanation: This article would amend the deed <br /> Previously, communities could create trusts through restriction, which limited construction of six units of <br /> their own resolution, but towns had to get approval affordable housing. A study was completed by <br /> from the legislature through a home rule petition. In Coastal Engineering in December 2001 that indicated <br /> addition,the law sets forth clear guidelines as to what 9 additional bedrooms could be added to the site under <br /> the trusts can do. It allows communities to collect Title V, allowing for construction of two additional <br /> funds for housing, segregate them out of the general duplex units of low income housing. <br /> budget into an affordable housing trust fund, and use <br /> these funds without going back to Town Meeting for The Board of Selectmen recommends approval by <br /> VRML It also allows trust funds to own and man- a vote of 4-0. <br /> age real estate, not just receive and disburse funds. <br /> Passage of this article would create the Town of The Finance Committee recommends approval. <br /> Mashpee Affordable Housing Trust Fund, setup the <br /> Trust membership and provide for the powers of the Motion made by Selectman Theresa Cook. <br /> Trust,outlined in MGL CH. 44, §SSC. <br /> Motion: I move Article 20 be voted as printed in the <br /> The Board of Selectmen recommends approval by warrant, with the exception of the phrase, "or take any <br /> a vote of 4-0, other action relating thereto'. <br /> The Finance Committee recommends approval. Motion passes unanimously at 9:51PM. <br /> Motion made by Selectman John Cahalane. <br /> 65 <br />