252 Baldwinville Road - No debt exclusion

Annual Town Meeting - May 2010 - all on the record:

On a motion duly made and seconded the Town voted to appropriate the sum of One Million, Nine Hundred Eighty Thousand Five Hundred Dollars ($1,980,500.00) for the purchase and renovation of a building located a 252 Baldwinville Road, Baldwinville, to include architectural services and all costs incidental or related thereto; and to meet such appropriation, to authorize the Treasurer, with the approval of the Board of Selectmen, is authorized to borrow One Million Nine Hundred Thousand Dollars ($1,900,000.00) under G.L. Chapter 44, section 7, or any other enabling authority, and the sum of Eighty Thousand Five Hundred Dollars ($80,500.00) shall be transferred from the Pajari Municipal Capitalization Fund; and that the Board of Selectmen is authorized to apply for, accept and expend any grants or loans in connection therewith and to take all actions necessary or convenient to effectuate this project.

Passed Unanimously/May 17th @ 10:24

There was an intent to apply for a 40 year USDA loan which did not happen.



posted by Jeff Bennett