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Explanation: The Commonwealth of Massachusetts, Board of Selectmen to prepare and execute such <br /> through the Clean Water Trust, has provided agreements,deeds,and other instruments necessary to <br /> approximately$660,000.00 at 0%interest to the Town effect such transfer upon such terms and conditions as <br /> of Mashpee to assist homeowners in complying with the Selectmen shall deem to be in the interest of the <br /> Title V since 1998. The loans are available to Town,or take any other action relating thereto. <br /> homeowners at 5%interest,to cover any ongoing costs <br /> of the program. Loans must be secured by a betterment Submitted by the Board of Selectmen <br /> assessed by the Town on the property being improved <br /> by the loan. In 2006, Barnstable County took over Explanation: This Article seeks Town Meeting <br /> issuance of new loans. The repayment of the loans to authorization to transfer care,management and control <br /> the Town with the 5% interest is being made through of the subject parcel of Town owned land to the <br /> previously issued property betterments. In order for Mashpee Affordable Housing Trust for purposes of <br /> the Town to be able to re-loan funds to future additional developing affordable housing.Since the subject parcel <br /> septic projects,the Town must annually reauthorize/re- was acquired by tax foreclosure, pursuant to General <br /> approve participation in the Community Septic Bylaw §3-21, Town Meeting must first determine <br /> Management Program. Failure to reauthorize whether or not said land shall be held by the Town as <br /> participation in the Program will restrict the Town from conservation land for purposes described in General <br /> re-loaning funds to homeowners with failed septic Law C.40,Section 8C or shall be held by the Town for <br /> systems. The repaid monies will be held in an account another municipal purpose before it can be sold or <br /> with the principal amount repaid to the MCWT as otherwise transferred. If the Town Meeting determines <br /> scheduled. that the subject parcel shall not be held as conservation <br /> land and would be suitable for the proposed affordable <br /> The Board of Selectmen recommend approval of housing use, the Selectmen would effect the formal <br /> Article 28 by a vote of 5-0. transfer of the parcel to the Mashpee Affordable <br /> Housing Trust for the purpose of developing much <br /> The Finance Committee recommend approval of needed affordable housing in the Town. <br /> Article 28 by a vote of 4-0. <br /> The Board of Selectmen recommend approval of <br /> Motion made by Selectman Thomas O'Hara. Article 29 by a vote of 5-0. <br /> Motion: I move the Town vote to continue The Finance Committee recommend approval of <br /> participation in the Community Septic Management Article 29 by a vote of 4-0. <br /> Program and the Massachusetts Clean Water Trust <br /> (MCWT)for the purpose of making loans to residents Motion made by Selectman Carol Sherman. <br /> of the Town for repairing and/or upgrading residential <br /> septic systems pursuant to agreements between the Motion: I move the Town vote pursuant to G.L.c.40, <br /> Board of Health and residential property owners, §15A and Mashpee General Bylaw §3-21 to authorize <br /> including all costs incidental and related thereto. the Board of Selectmen to transfer title, care, <br /> management, custody and/or control of the real <br /> Motion passes unanimously at 8:36 PM. property identified as 209 Old Barnstable Road <br /> (Mashpee Assessors Map 60, Parcel 2-0) to the <br /> Article 29 Mashpee Affordable Housing Trust for purposes of <br /> developing affordable housing, and to authorize the <br /> To see if the Town will vote pursuant to G.L. c. 40, Board of Selectmen to prepare and execute such <br /> §15A and Mashpee General Bylaw §3-21 to authorize agreements,deeds,and other instruments necessary to <br /> the Board of Selectmen to transfer title, care, effect such transfer upon such terms and conditions as <br /> management, custody and/or control of the real the Selectmen shall deem to be in the interest of the <br /> property identified as 209 Old Barnstable Road Town. <br /> (Mashpee Assessors Map 60, Parcel 2-0) to the <br /> Mashpee Affordable Housing Trust for purposes of Motion passes 2/3rds vote at 8:47 PM. <br /> developing affordable housing, and to authorize the <br /> 61 <br />