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Book 921, Page 169; and further, to see if the Town will vote to raise and appropriate, or transfer
<br /> from available funds, a sum of money not to exceed $5,000,000 for such purpose, including
<br /> expenses incidental and related thereto, and to raise such appropriation, the Treasurer, with the
<br /> approval of the Selectmen, be authorized to borrow a sum not to exceed $5,000,000 under and
<br /> pursuant to Chapter 44, Sections 7 and 8C and, if applicable, Chapter 40, Section 8C of the
<br /> General laws, or any other enabling authority, and to issue bonds or notes of the Town therefor,
<br /> with said borrowing to be repaid with funds from the Land Bank Fund established by the Town
<br /> under the provisions of Chapter 293 of the Acts of 1998 (An Act Relative to the Establishment of
<br /> the Cape Cod Open Space Land Acquisition Program); and further, vote to raise and appropriate
<br /> $39,250 to the Issuance of Debt Account; and further, to authorize the Board of Selectmen to
<br /> apply for and accept Federal, State and/ or County grants, to be applied by the Town toward the
<br /> financing of this purchase, and to enter into contracts or agreements with. Federal, State and / or
<br /> County agencies, private conservation trusts or other entities or persons in connection with the
<br /> purchase of all or a portion of such land and its preservation and management for the purposes
<br /> identified in Chapter 293 of the Acts of 1998, including conveyance and enforcement of a
<br /> perpetual conservation restriction on the land in accordance with Chapter 184 of the General
<br /> Laws as required by the provisions of Chapter 293, section 10 of the Acts of 1998 as amended,
<br /> to an organization qualified and willing to hold such a restriction; and finally, to authorize the
<br /> Board of Selectmen to enter into such agreements and execute any and all instruments as may be
<br /> necessary on behalf of the Town to effect said acquisition, sale, transfer or preservation; or take
<br /> any other action relating thereto.
<br /> Submitted by Open Space Committee
<br /> Explanation: This article would authorize the Board of Selectmen to purchase, for the purposes
<br /> allowed by the Land an Act, the 16 +/- acre tract of land located off of Great Neck Road and
<br /> Old Falmouth Road, otherwise identified as "Mashpee Place".
<br /> The Board of Selectmen and the Finance Committee recommend approval.
<br /> with-0
<br /> Motion made to dispense witn reading of article.
<br /> Motion made by Wayne Taylor,
<br /> Motion: I move the Town vote to authorize the Selectmen to acquire, by purchase or otherwise,
<br /> for the purposes identified in Chapter 293 of the Acts of 1998 (An Act Relative to the
<br /> Establishment of the Cape Cod Open Space Land Acquisition Program), all or a portion of that
<br /> land identified on the 2004 Mashpee Assessors' Maps as Map 67, Blocks 76 and 77, and Map 68,
<br /> Blocks 104 and 105, consisting of 16 acres, more or less, bounded by Old Barnstable Road, Old
<br /> Falmouth Road, Great Neck Road, Central Road and Bates Road, said parcels also being those
<br /> described in the deeds recorded at the Barnstable County Registry of Deeds at Book 3380, Page
<br /> 311 and Book 921, Page 169; and further, the Town vote to appropriate $3,500,000 for such
<br /> purpose, including expenses incidental and related thereto, and that to raise such appropriation,
<br /> the Treasurer, with the approval of the Selectmen, be authorized to borrow $3,500.000 under and
<br /> pursuant to Chapter 44, Sections, 7 and 8C and, if applicable, Chapter 40, Section 8C of the
<br /> General laws, or any other enabling authority, and to issue bonds or notes of the Town therefor,
<br /> with said borrowing to be repaid with funds from the Land Bank Fund established by the Town
<br /> under the provisions of Chapter 293 of the Acts of 1998 (An Act Relative to the Establishment of
<br /> the Cape Cod Open Space Land Acquisition Program); and further the Town vote to transfer
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