05/05/2008 Annual Town Meeting - Laserfiche WebLink

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Explanation-, This article authorizes use of funds which will be 100% reimbursed by the Commonwealth of Massachusetts. The budget approved each fiscal year by the Legislature and Governor establishes the total funding available for Chapter 90 local transportation aid for that year. These funds are then apportioned to the 351 Massachusetts towns and cities. The funding authorized by this article is the maximum anticipated Town's share for F'YO8 of the Chapter 90 program. The Town may receive this funding in one or multiple apportionments over the fiscal year. The Board of Selectmen recommends approval by a vote of 5-0. The Finance Committee recommends approval by a vote of 7-0. Motion made by Selectman John Cahalane. Motion: I move the Town vote to appropriate $457,356 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 Selectmen, to borrow the sum of $457,356 under and pursuant to the provisions of G.L. c.44, §§7&8, or any other enabling authority, and to issue bonds and notes of the Town therefor. Motion passes unanimously at 7:56 PMO Article 6 To see if the Town will vote to re-authorize the Council. on Aging revolving account, through the Town Accountant, in accordance with Massachusetts General Laws, Chapter 44,Section 53E 1/2 to be expended under the direction of the Council on Aging, in order to place anticipated revenues collected from program income which shall be used to further the operation of programs under the Council on Aging, and to establish the limit on expenditures from said account for Fiscal Year 20�O�9 at $15,000, or to take any other action relating thereto. Submitted by the Council on Aging Explanation: Revolving account is required in order to receive and disburse funds generated through programs supported by such revolving fund such as senior trips and educational program staff. Revenues will be used to offset expenses related to these programs. The Board of Selectmen recommends approval by a vote of 5-0. The Finance Committee recommends approval by a vote of 7-0. Motion made by Selectman Do,n Myers: Motion: I move the Town vote to reauthorize the Council On Aging Revolving Account, through the Town Accountant's office, in accordance with Massachusetts General Laws, Chapter 44, Section 53 E 1/2 to be exp�ended under the direction of the Council on Aging, in order to place anticipated revenues collected from various Council on Aging programs which shall be used to 14