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TOWN OF MASHPEE <br />MASHPEE HIGH SCHOOL <br />500 OLD BARNSTABLE ROAD <br />MASHPEE, MA 02649 <br />ANNUAL TOWN MEETING <br />MONDAY, OCTOBER 21, 2019 <br />Town Meeting opened at 7:01 PM <br />Voters Present 263 <br />Quorum 0 <br />Barnstable, ss: <br />Greetings to the Constables of the Town, <br />In the name of the Commonwealth of Massachusetts, <br />you are hereby directed to notify and summon the <br />inhabitants of the Town of Mashpee who are qualified <br />to vote in the elections to meet at the Mashpee High <br />School on Monday, the 21s' day of October 2019 at 7:00 <br />p.m. for the following purposes: <br />To act on the articles contained in the following <br />Warrant: <br />Article 1 <br />To see if the Town will vote to appropriate and transfer <br />the sum of $85,100 from the Interest Outside 2'/a <br />account to the Principal Inside 21h account and further <br />appropriate and transfer the sum of $7,500 from the <br />Interest Outside 21/2 account to the Temporary Principal <br />Outside 2 1/2 account and further appropriate and <br />transfer the sum of $42,500 Principal Outside 2'/z to <br />Temporary Principal Outside 2'h and further <br />appropriate and transfer the sum of $500 from Interest <br />outside 2'/z to Interest Temporary Borrowing Outside <br />21/2 and further appropriate and transfer the sum of <br />$950 from Interest Outside 21/2 to Principal Inside 21/2 <br />or take any other action relating thereto. <br />Submitted by the Town Treasurer <br />Explanation: This article is for the purpose of <br />distributing the funds in the proper accounts due to the <br />actual bonds and premium from the April 1st 2019 <br />Bond issue. These funds could not be appropriated in <br />the May Annual Town meeting as the Bonding was <br />completed after the warrant article submission. The <br />$50,000 amount and $500 interest transferred will be <br />used payoff a small BAN for the Quashnet School <br />project. <br />The Board of Selectmen recommends approval of <br />Article 1 by a vote of 4-0 <br />The Finance Committee recommends approval of <br />Article 1 by a vote of 6-0 <br />MOTION MADE BY SELECTMAN GOTTLIEB: <br />I move the Town vote to appropriate and transfer <br />the sum of $85,100 from the Interest Outside 21/2 <br />account to the Principal Inside 2!/2 account and <br />further appropriate and transfer the sum of $7,500 <br />from the Interest Outside 2 1/2 account to the <br />Temporary Principal Outside 2 1/2 account and <br />further appropriate and transfer the sum of $42,500 <br />Principal Outside 21h to Temporary Principal <br />Outside 21h and further appropriate and transfer <br />the sum of $500 from Interest outside 21h to Interest <br />Temporary Borrowing Outside 21/z and further <br />appropriate and transfer the sum of $950 from <br />Interest Outside 21h to Principal Inside 21/i. <br />Motion passes unanimously at 7:11 pm <br />Article 2 <br />To see if the Town will appropriate and transfer the sum <br />of $207 from revenue available for appropriation to pay <br />a previous fiscal year's unpaid bills as follows: <br />John J. Maurer, Inc. $207 <br />or take any other action relating thereto. <br />Submitted by the Department of Public Works <br />Explanation: This article is necessary to pay a bill <br />received after the end of a previous fiscal year. <br />The Board of Selectmen recommends approval of <br />Article 2 by a vote of 4-0 <br />The Finance Committee recommends approval of <br />Article 2 by a vote of 6-0 <br />MOTION MADE BY SELECTMAN COTTON: <br />I move the Town vote to appropriate and transfer <br />the sum of $207 from revenue available for <br />79 <br />