05/05/2025 Annual Town Meeting - Laserfiche WebLink

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Motion passes 188 to 10 at 8:41PM Article 10 To see if the Town will vote to raise, borrow or transfer from available funds and appropriate the sum of $976,263 to provide for road improvement projects under the Chapter 90 program, or take any other action relating thereto. Submitted by the Department of Public Works Explanation: This article authorizes use of funds which will be 100% reimbursed by the Commonwealth of Massachusetts. The budget approved each fiscal year by the Legislature and Governor establishes the total funding available for Chapter 90 local transportation aid for that year. These funds are then apportioned to the 351 Massachusetts towns and cities. The funding authorized by this article is the maximum anticipated Town's share of the FY26 Chapter 90 program. The Select Board recommends approval of Article 10 by a vote of 4-0 The Finance Committee recommends approval of Article 10 by a vote of 6-0 Motion made by Select Board Member Sherman Motion: I move the Town vote to appropriate the sum of $976,263 to provide for road improvement projects in and for the Town, in accordance with the provisions of Chapter 90 of the Massachusetts General Laws, and to authorize the Treasurer, with the approval of the Select Board, to borrow said sum of $976,263 under and pursuant to the provisions of M.G.L. Chapter 44, Sections 7 & 8, or any other enabling authority, and to issue bonds and notes of the Town therefor. Motion passes 215 to 9 at 8:43PM Article 11 To see if the Town will vote to appropriate and transfer the sum of $250,000 from revenue available for appropriation to the Other Post -Employment Benefits Irrevocable Trust Fund, or take any other action relating thereto. Submitted by the Select Board Explanation: This article will add funds to the OPEB Irrevocable Trust Fund which was established in FY 2013 to assist the Town with meeting its potential post -employment benefits obligation. The Select Board recommends approval of Article 11 by a vote of 5-0 The Finance Committee recommends approval of Article 11 by a vote of 7-0