HomeMy WebLinkAboutATM 18 ART 16 Public Works Facility1
Town of Nantucket
ulu
OFFICE OF THE
TOWN & COUNTY
CLERK
16 Broad Street
NANTUCKET, MASSACHUSETTS 02554-3590
Catherine Flanagan Stover, MMC, CMMC
Town & County Clerk
(508) 228-7216
FAX (508) 325-5313
Home: (508) 228-7841
Email: cstover@nantucket-ma.gov
flanaganstover@yahoo.com
townclerk@nantucket-ma.gov
WEBSITE: http://www.nantucket-ma.gov
ulu
April 4, 2018
TO WHOM IT MAY CONCERN:
I, Catherine Flanagan Stover, duly elected Clerk of the Town and County of Nantucket, hereby
certify that the April 3, 2018 ANNUAL TOWN MEETING adopted Article 16: “Appropriation:
Public Works Facility Improvements - Design ” at the April 3, 2018 adjourned session.
VOTE: The vote on the motion pursuant to Article 16 as moved by the Finance
Committee, was by Declared 2/3 Majority Voice Vote. The motion was adopted.
Catherine Flanagan Stover, MMC, CMMC
Town and County Clerk
ATM 18 Article 16,Page 1 of 2
2
ARTICLE 16
(Appropriation: Public Works Facility Improvements - Design )
To see what sum the Town will vote to appropriate, and also to raise, borrow pursuant to
any applicable statute or transfer from available funds, to be spent by the Town Manager with
the approval of the Board of Selectmen, for the purpose of design improvements to the
Department of Public Works facility at 188 Madaket Road, including the costs of professional
services for design, permitting, engineering, and other related professional services, and any
other costs incidental and related thereto; provided, however, that any borrowing authorized
hereunder shall be contingent on the passage of a Proposition 2 and ½ debt exclusion vote; or
to take any other action related thereto.
(Board of Selectmen)
FINANCE COMMITTEE MOTION: Moved to appropriate the sum of Two Million Three
Hundred Thousand Dollars ($2,300,000) to be spent by the Town Manager with the approval
of the Board of Selectmen, for the purpose of design improvements to the Department of
Public Works facility at 188 Madaket Road , including the costs of professional services for
design, permitting, engineering, and other related professional services, and any other costs
incidental and related thereto ; and, that to meet said appropriation the Treasurer, with the
approval of the Board of Selectmen, is hereby authorized to borrow the sum of Two Million
Three Hundred Thousand Dollars ($2,300,000) pursuant to General Laws Chapter 44,
Sections 7 or 8, or any other enabling authority, and to issue bonds and notes of the Town
therefor; provided, however, that any borrowing authorized hereunder shall be contingent on
the passage of a Proposition 2 and ½ debt exclusion vote. Any premium received by the
Town upon the sale of any bonds or notes approved by this vote, less any such premium
applied to the payment of the costs of issuance of such bonds or notes, may be applied to
the payment of costs approved by this vote in accordance with Chapter 44, Section 20 of the
General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by
a like amount.
Quantum of vote required for passage of the motion is 2/3