05/03/2010 Annual Town Meeting - Laserfiche WebLink

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Article 5 To see if the Town will vote to raise and appropriate, borrow or transfer from available fund $460,000 to provide for road improvement projects under the Chapter 90 program, or take an *ther action relating thereto. Submitted by the Department of Public Works Explanation: This article authorizes use of funds which will be 100% reimbursed by th Commonwealth of Massachusetts. The budget approved each fiscal year by the Legislature an Governor establishes the total fanding available for Chapter 90 local transportation aid for th year. These funds are then apportioned to the 351 Massachusetts towns and cities. The fundin. authorized by this article is the maximum anticipated Town's share of the FY10i Chapter 9 �I The Board of Selectmen recommends approval by a vote of 5-0. The Finance Committee recommends approval by a vote of 5-0. 0 Motion. I move the Town vote to appropriate $460,000 to provide for road improvement projects in and for the Town, in accordance with the provisions of Chapter 90 of the Massachusetts General Laws and to authorize the Treasurer, with the approval of the Board of 0 0 Selectmen, to borrow the sum of $4i6OOOO under and pursuant to the provisions of M.G.L. c.44, §7&8, or any other enabling authority, and to issue bonds and notes of the Town therefor. Motion passes unanimo�usly at 7:48 PMO To see if the Town will vote to appropriate and transfer from the Community Preservation Budgeted for Appropriation Reserve Account $45,000 to the Community Preservation Act Committee Administrative and Operating Expenses Account, or take any action relating thereto. Submitted by the Community Preservation Act Committee Explanation: To provide funding for secretarial support, legal services, and maintenance and signage for lands purchased with CPC funds. The Board of Selectmen recommends approval by a vote of 5-0. The Finance Committee deferred action on this article. 5-0 recommends approval Motion made by Selectman Theresa Cook, Motion: I move the Town vote to appropriate and transfer from the Community Preservation Budgeted for Appropriation Reserve $45,000 to, the Community Preservation Committee