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School Department security and door replacement, flooring and technology equipment
<br /> ($277,000).
<br /> All the funds to pay for these projects, including the ambulance vehicles, will come from
<br /> currently available surplus funds. Approval of this article will have no impact on the 2007
<br /> property tax rate.
<br /> THE FINANCE COMMITTEE RECOMMENDS APPROVAL OF ARTICLE 3.
<br /> ARTICLE 4.Cape Cod Regional Technical High School
<br /> Submitted by: Office of the Town Treasurer.
<br /> This appropriation is an assessment by the Cape Cod Regional Technical High School for the
<br /> Mashpee students who attend that facility. This years appropriation is $443,077, a decrease of
<br /> $49,404 from last year. The reason for the decrease is a decrease in Mashpee students attending
<br /> the technical high school. Forty students are projected for the FY 08 school year versus 48 in the
<br /> FY 07 year.
<br /> THE FINANCE COMMITTEE RECOMMENDS APPROVAL OF ARTICLE 4.
<br /> ARTICLE 5. Additional Library Authorization
<br /> Submitted by: Mashpee Public Library Board of Trustees.
<br /> In October, 2004, Town Meeting approved a$3,500,,000 bond authorization to finance the cost to
<br /> construct a new 17,370 square foot(s.f.) library. At that time the estimated cost of the library
<br /> was $4,500,000 with the difference between the cost and the appropriation($1 million)to be
<br /> raised through the fundraising efforts of the Friends of the Maslipee Public Library, In
<br /> November 2004, the voters approved a debt exclusion for the $3,500,000 bond authorization. In
<br /> February, 2005, the Library Building Committee applied for a $2,551,775 construction grant for
<br /> a 21,,943 sT. library facility in response to state guidelines for such grants. Mashpee is currently
<br /> second on the waiting list for that funding. The total cost of the larger library facility was
<br /> estimated at $7,736,000, requiring that $1,700,000 be raised through fundraising. In spite of the
<br /> efforts of a paid professional fundraiser and the services of foundation grant writers, the:Friends
<br /> of the Mashpee Library were not successful in securing any foundation grants or sufficient
<br /> private donations for the Library construction project.
<br /> Since 2004, construction costs have been increasing at a rate of 10% per year. This, coupled
<br /> with the unsuccessful fundraising efforts, have increased the amount of funds required to
<br /> construct the original 17,370 sT library as well as the 21,943 s.f state subsidized library. In
<br /> October 2006, in order to keep the project moving forward, the Board of Selectmen transferred
<br /> the responsibilities for studying the options for a new library to the Charter created Planning and
<br /> Construction Committee. After four months of study, the Planning and Construction
<br /> Committee, with the support of the Library Board of Trustees and the Friends of the Mashpee
<br /> Library, unanimously recommended to the Board of Selectmen that an Article be placed on the
<br /> Town Meeting Warrant requesting authorization for an additional $2,000,000 to finance
<br /> construction of a somewhat smaller 20,880 s-f. library, subject to the receipt of the State grant by
<br /> September 1 of this year. Should the State grant not materialize, however, the comm-nittee's
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