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Article 5 <br /> To see if the Town will vote to appropriate and transfer $100,000 from the Waterways <br /> Improvement Fund Account to the Waterways Channel Permit Expense Account , or take any <br /> other action.relating thereto. <br /> Submitted by the Waterways Commission <br /> Explanation: This article will transfer funds needed to complete the maintenance dredge <br /> permitting process for the 1916 Channel, as well as obtain permits for the possible dredging of <br /> the mouth of the Mashpee River, which will de determined once a sediment analysis has been <br /> completed. Upon permit approval it is estimated to cost $170,000+/- to dredge the 1916 <br /> Channel. It is unclear what the cost of dredging will be for the mouth of the Mashpee River as it <br /> has not been determined where we could place the dredge spoils from the River. <br /> The Waterways Commission has projected a maintenance dredge expense of $500,000+/- over <br /> the next three years that includes the 1916 Channel, with anticipated revenues reaching <br /> $650,000+/-. <br /> The Board of Selectmen recommends approval by a vote of 4-0, one absent. <br /> The Finance Committee recommends approval by a vote of 4 in favor, two opposed, one <br /> abstained. <br /> Motion made by Selectman Michael Richardson. <br /> Motion: I move the Town vote to appropriate and transfer $100,000 from the Waterways <br /> Improvement Fund Account to the Waterways Channel Permit Expense Account. <br /> Motion passes at 7:16PM <br /> Article 6 <br /> To see if the Town will vote to appropriate and transfer, pursuant to the provisions of M.G.L. <br /> Chapter 44B, §6 to reserve from the FY2010 estimated Community Preservation revenues, the <br /> following amounts; <br /> $133,853.63 10% for Open Space purposes <br /> $133,853.63 10% for Historic purposes <br /> $133,853.63 10% for Affordable Community Housing purposes <br /> $936,975.38 to the FY2010 Community Preservation fund Budgeted Reserve as <br /> recommended by the Community Preservation Act Committee, <br /> or take any other action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: This article seeks to set aside 10% of the estimated Community Preservation <br /> funds for open space, historic resources and affordable housing. <br /> u. <br /> t <br /> The Board of Selectmen recommends approval by a vote of 4-0, one absent. <br /> 83 <br /> k <br />