M.G.L., chapter 44; municipal finance
section 16 - issuance of bonds, notes & certificates of indebtedness; procedure; form; contracts with banking or financial institutions.

Section 16. A city, town or district which has authorized a debt to be incurred within the limitations, as to amount and time of payment, prescribed by this chapter may issue therefor bonds or notes, or, in the case of a city, certificates of indebtedness, all of which shall be properly denominated on the face thereof, signed by its treasurer, and, if issued by a city, countersigned by its mayor, unless its charter otherwise provides, or, if issued by a town, by a majority of its selectmen,

this is the first part of a long worded section that you may look up and read in its entirety if you wish.
Again, a project is not the problem or issue, it is the details. Why would a board of selectmen and or a town administrator try to hand over control to the general manager of a water department and/or it's commissioners to sign all paper work involved in Town debt, as in borrowing money and being ultimately responsible for repayment of such, when the law states it is their responsibility. With all the transferring going on and with the financial issues still unchanged or completed, why would they wish to further complicate that process by allowing that work to become further convoluted and again cause Templeton residents/taxpayers to have to chase multiple locations, boards, etc. to find out details or status of said debt, that belongs to them. 

posted by Jeff Bennett