2021-Annual Town Report - Laserfiche WebLink

Home Browse Search

electric generating improvements to be located at the Quashnet School(Assessors Map 67,Lots 2),Coombs Motion made by Selectman Weeden School(Assessors Map 67,Lots 2),and Mashpee High School(Assessors Map 73,Lots 4)pursuant to a lease Motion indefinitely postponed at 8:27 PM of portions of said school properties by the Town, and as described more fully in the TIF Agreement, which Article 13 TIF Agreement provides for real estate tax exemptions at the exemption rate schedule set forth therein; (b) To see if the Town will vote to appropriate$527,959 to authorize the Board of Selectmen to execute the TIF establish a budget for the PEG Access and Cable Agreement, and any documents relating thereto; and Related fund for fiscal year 2022, with said (c) authorize the Board of Selectmen to approve appropriation to be funded through the current balance submission of the TIF Agreement and Certified Project of the fund, or take any other action relating thereto. Application, and any associated documents to the Massachusetts Economic Assistance Coordinating Submitted by the Finance Director Council, all relating to the project as described in the TIF Agreement to be located at the above-referenced Explanation: The Department of Revenue now school properties and in the Certified Project requires the Town to vote a yearly budget based on Application, and take such other and further action as estimated expenditures from the fund for the next fiscal may be necessary or appropriate to obtain EACC year. The total budget voted may not exceed the approval, implement these documents, and carry out current balance within the fund. the purposes of this article; or take any other action relating thereto. The Board of Selectmen recommends approval of Article 13 by a vote of 5-0 Submitted by the Board of Selectmen The Finance Committee recommends approval of Explanation: The Town has entered into a power Article 13 by a vote of 5-0-1 purchase agreement and lease with a developer for the installation of solar canopies in the parking lots at the Motion made by Selectman Weeden KC Coombs School and the Middle/High School. The electricity generated by these canopies will be used Motion passes unanimously at 8:27 PM onsite. The per Kilowatt Hour (kWH) cost of this electricity will be significantly lower than the kWH Article 14 cost charged to the Town by the utility, resulting in a savings to the Town for the school's energy use. To see if the Town will vote to authorize the total Because the solar canopies will be owned by the expenditures for the following revolving funds developer, they are subject to personal property tax as pursuant to G.L. Ch.44 Section 53E lh for the fiscal a matter of law. (NOTE: Roof-mounted solar systems year beginning July 1, 2021 to be expended in on municipal property are exempt from personal accordance with the Bylaw establishing said property tax per state law). This tax obligation would, revolving funds,heretofore approved, or take any however,be passed along to the Town as the customer other action relating thereto. pursuant to the terms of the power purchase agreement. This article will authorize the Town to effectively FUND FY 2022 AUTHORIZATION exempt the proposed solar canopies from property RECREATION $580,000 taxation pursuant to a TIF Agreement,thus,facilitating LIBRARY $20,000 administration of the power purchase agreement. SENIOR CENTER $15,000 HISTORICAL $2,500 The Board of Selectmen recommends approval of COMMISSION Article 12 by a vote of 5-0 Submitted by the Finance Director The Finance Committee recommends approval of Article 12 by a vote of 7-0 Explanation: This article establishes the FY 2022 expenditure limits for departmental revolving funds. 61