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12 <br /> Board of Selectmen <br /> Minutes <br /> September'8, 2008 <br /> NEW BUSINESS: <br /> Review& Execution of October Town Meeting Warrant: (cont'd) <br /> Article#2: To exempt from taxation,any personal property with an <br /> assessed value of$10,000 or less to create an <br /> administrative cost savings. <br /> Representatives from the Board of Assessor's discussed the proposed <br /> article relative to tax relief on personal property taxes. It was noted that <br /> no revenue is lost by adoption of this warrant article. The average <br /> quarterly tax bill for personal property assessments at or below$10,000 is <br /> $5.77. The article would also grant relief to Mashpee small businesses <br /> and non-resident homeowners who have minimal personal property. <br /> It was noted the Town's of Chatham,Barnstable and Brewster have <br /> adopted the exemption. The Selectmen agreed to add language to report <br /> the cost savings amount with the proposed article. <br /> Motion made by Selectman Myers to approve Article#2 of the <br /> October Town Meeting Warrant. <br /> Motion seconded by Selectman Cook. <br /> VOTE: Unanimous. 5-0. <br /> Article#3: To provide funding for a contract with the Mashpee <br /> Permanent Firefighters Association, Local 2519. <br /> Article#4: To provide funding for a contract with the MASS C.O.P. <br /> Local 324,Unit A Police Officers and Detectives. <br /> There are no negotiating meetings scheduled for the above referenced <br /> contracts. <br /> Motion made by Selectman Taylor to remove Article#3 and Article <br /> #4 from the October Town Meeting Warrant. <br /> Motion seconded by Selectman Cook. <br /> VOTE: Unanimous. 5-0. <br />