What Town meeting voted on at the special town meeting of November 9, 2015.
A Motion was duly made and seconded to move the question.
Passed by 2/3/November 9th @ 8:13pm
On a motion duly made and seconded the Town voted to appropriate the amount of Forty-Seven
Million, Five Hundred Sixty-Three Thousand, One Hundred Eighty-Four Dollars ($47,563,184) for
the purpose of paying the costs of designing, constructing, originally equipping and furnishing a new
Templeton Elementary School located at 17 South Road, Templeton MA, including the payment of
all costs incidental or related thereto (the “Project"), which school facility shall have an anticipated
useful life as an educational facility for the instruction of school children of at least 50 years, and for
which the Town, through Narragansett Regional School District, 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; and to meet this appropriation,
the Treasurer, with the approval of the Selectmen, is authorized to borrow said amount under M.G.L.
Chapter 44, or pursuant to any other enabling authority; The Town acknowledges that MSBA's grant
program is a non-entitlement, discretionary program based on need, as determined by the MSBA,
and any Project costs the Town incurs in excess of any grant approved by and received from the
MSBA, through the Narragansett Regional School District, shall be the sole responsibility of the
Town; provided further that any grant that the Town, through the Narragansett regional School
District, may receive from the MSBA for the Project shall not exceed the lesser of: (1) Sixty-Two
and Eighty-Four Hundredths Percent (62.84%) of eligible, approved Project costs, as determined by
the MSBA, or (2) the total maximum grant amount determined by the MSBA; provided that any
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 2 ½”; and that the
amount of borrowing authorized pursuant to this vote shall be reduce by any grant amount set
forth in the Project Funding Agreement that may be executed between the Narragansett Regional
School District and the MSBA.
Passed by 2/3/November 9th @ 8:14
The biggest problem is the mixing of the regional school district and the town for a TOWN project, but no one wanted to listen to a certain person who time and again raised questions on this issue.
The Town got what they voted for,, a 47 million dollar plus interest debt.
posted by Jeff Bennett
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