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Article 14 Article 15 <br /> To see if the Town will vote to appropriate and trans- To see if the Town will vote to continue participation <br /> fer from the FY 2019 Community Preservation Fund in the Community Septic Management Program and <br /> Estimated Revenues the sum of $40,000 to the the Massachusetts Clean Water Trust for the purpose <br /> Community Preservation Committee Administrative of making loans to residents of the Town for repairing <br /> and Operating Expense Account,pursuant to the pro- and/or upgrading residential septic systems pursuant <br /> visions of M.G.L., C. 44B, §5, including any neces- to agreements between the Board of Health and resi- <br /> sary costs related thereto, as recommended by the dential property owners,including all costs incidental <br /> Community Preservation Committee or take any other and related thereto,or to take any other action relating <br /> action relating thereto. thereto. <br /> Submitted by the Community Preservation Submitted by the Board of Health <br /> Committee <br /> Explanation: The Commonwealth of Massachusetts, <br /> Explanation: To provide annual funding in FY 2019 through the Clean Water Trust (formerly Water <br /> for the administrative and operational costs of the Pollution Abatement Trust), has provided approxi- <br /> Community Preservation Committee which includes mately $660,000.00 at 0% interest to the Town of <br /> project costs associated with and incidental to the Mashpee to assist homeowners in complying with <br /> Community Preservation Committee. Under the CPA failed Title V systems since 1998. The loans are avail- <br /> Act, up to 5% of the annual CPA funds may be spent able to homeowners at 5%interest,to cover any ongo- <br /> on the operation and administrative costs of the ing costs of the program. Loans must be secured by a <br /> Community Preservation Committee. Funding sup- betterment assessed by the Town on the property <br /> ports legal and professional fees, technical reviews, being improved by the loan. In 2006, Barnstable <br /> appraisal costs, signage, annual Community County created their own community loan program. <br /> Preservation Coalition dues, administrative wages, The repayment of the loans to the Town with the 5% <br /> office supplies and similar costs associated with and interest is being repaid through previously issued <br /> incidental to the development of a CPA project. property betterments. In order for the Town to be able <br /> to re-loan funds to future additional septic projects, <br /> The vote of the Community Preservation the Town must annually reauthorize/re-approve par- <br /> Committee was 9-0 in support of this article. ticipation in the Community Septic Management <br /> Program. Failure to reauthorize participation in the <br /> The Board of Selectmen recommends approval of Program will restrict the Town from re-loaning funds <br /> Article 14 by a vote of 5-0. to homeowners with failed septic systems. The repaid <br /> monies will be held in an account with the principal <br /> The Finance Committee recommends approval of amount repaid to the Massachusetts Clean Water Trust <br /> Article 14 by a vote of 6-0. as scheduled. <br /> Motion made by Selectman Thomas O'Hara. The Board of Selectmen recommends approval of <br /> Article 15 by a vote of 5-0. <br /> Motion: I move the Town vote to appropriate and <br /> transfer the sum of $40,000 from the FY 2019 The Finance Committee recommends approval of <br /> Community Preservation Fund Estimated Revenues to Article 15 by a vote of 6-0. <br /> the Community Preservation Committee <br /> Administrative and Operating Expense Account, Motion made by Selectman John Cotton. <br /> including any necessary costs related thereto, as rec- <br /> ommended by the Community Preservation Motion: I move the Town vote to continue participa- <br /> Committee. tion in the Community Septic Management Program <br /> and the Massachusetts Clean Water Trust (MCWT) <br /> Motion passes unanimously at 7:58 PM. for the purpose of making loans to residents of the <br /> Town for repairing and/or upgrading residential septic <br /> 59 <br />