That Five Hundred Thousand Dollars ($500,000) be hereby appropriated for the purpose of paying costs of the Feasibility Study/Schematic Design work ahead for the Templeton Center Elementary School, located at 17 South Road, in Templeton MA, including the payment of all costs incidental or related thereto, and for which the Town may be eligible for a grant from the Massachusetts School Building Authority ("MSBA"), said amount to be expended under the direction of the Templeton Elementary School Building Committee. To meet this appropriation the Treasurer, with the approval of the Templeton Board of Selectmen, is authorized to borrow said amount under and pursuant to M.G.L. Chapter 44, or pursuant to any other enabling authority. The Town acknowledges that the MSBA's grant program is a non-entitlement, discretionary program based on need, as determined by the MSBA, and any costs the Town incurs in excess of any grant approved by and received from the MSBA shall be the sole responsibility of the Town, and further provided that the appropriation hereunder shall be subject to and contingent upon an affirmative vote of the Town to exempt the amounts required for the payment of interest and principal on said borrowing from the limitations on taxes imposed by M.G.L. 59, Section 21C (Proposition 2½), and that the amount borrowing authorized pursuant to this vote shall be reduced by any grant amount set forth in the Feasibility Study Agreement that may be executed between the Town and the MSBA.

What you will be asked to vote on at the next special Town meeting on March 21, 2016.
Again, it is the responsibility of the Town, not the school district, to borrow and repay all money for this project. Most, if not all, has already been spent. You have to re-vote this because the original article was worded wrong. I hope the proper people, as in Templeton Bond Counsel has looked over the water article to be presented on March 21, 2016 special Town meeting.

Jeff Bennett