THE RECORD

SPECIAL TOWN MEETING – December 8, 2003

TOWN OF BAR HARBOR

 

            The voters of the Town of Bar Harbor met in the Municipal Building Auditorium, Bar Harbor, Maine on Monday, December 8, 2003.  There were approximately 160 registered voters present.  The special town meeting was called to order at 7:02 p.m. by Town Clerk Patricia A. Gray, who called for action under Article 1.

 

ARTICLE 1 ELECTION OF MODERATORTo choose a Moderator to preside at said meeting.  The Town Clerk opened the floor for the election of Moderator.  It was moved and duly seconded that Chad Smith be nominated as Moderator.  There being no other nominations, it was duly moved and seconded that nominations cease.  Motion passed.  Ballots were cast for Moderator and Chad Smith received five votes, a unanimous vote, and was declared elected.  He was sworn in by the Town Clerk.

 

ARTICLE 2 – LOG CABIN PROPERTY PURCHASE - Shall the following vote be adopted?:  Warrant Committee Chairman, Bill Dohmen, made the motion and was duly seconded that the Warrant Committee recommends and he moved that the Town adopt the statement numbered one through five in Article 2, the Log Cabin Property Purchase, as printed in the Warrant.

 

            (1)       An appropriation of funds is hereby approved for the acquisition of 6.46 acres of property owned by the Outpost Holding Company, LLC (Norman and Jane E. Hansen), which is designated as Lots #1 and #2 on a plan prepared by Edward B. Jackson, PLS, dated October 14, 2003, being a portion of the parcel shown on Assessor’s Tax Map 12A, Lot 24, said appropriation to be in the amount of $1,500,000; and

 

          (2)         A long-term lease of the buildings on Lot #1 to the Bar Harbor Chamber of Commerce is hereby approved on such terms and conditions as the Town Council shall feel appropriate, it being a condition of this delegation of leasing authority that the Town recover over 20 years the full cost of the purchase and financing of the buildings and that portion of Lot #1 dedicated to Chamber of Commerce use; and

 

            (3)       An amendment to the Land Use Ordinance is hereby approved, as follows:

[New language is underlined.]

§125-31. Ireson Hill Corridor.

 

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  1. Maximum lot coverage: 25%; 75% for Government Facility and Grounds.

 

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The seven member Planning Board recommended adoption, a vote of 6-0 (1 Absent).

 

 

 

(4)       To finance the project, the Treasurer and Chairman of the Town Council, acting pursuant to the provisions of 30-A M.R.S.A. §5772, are hereby authorized to issue general obligation securities of the Town of Bar Harbor (including temporary notes in anticipation of the sale thereof) in an aggregate principal amount not to exceed One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00); and

 

 

 

(5)       Discretion is delegated to the Treasurer and Chairman of the Town Council to fix the date(s), maturity(ies), interest rate(s), denomination(s), place(s) of payment, form and other details of said securities, including execution and delivery of said securities on behalf of the Town of Bar Harbor, and to provide for the sale thereof.

 

 

 

 

 

 

FINANCIAL STATEMENT

 

1.         Total Town Indebtedness

                        a.     Bonds outstanding and unpaid (12-8-03)                              $12,616,805

                        b.     Bonds authorized and unissued                                        $     250,000

                        c.     Bonds to be issued if this article is approved                     $      1,500,000

 

2.         Costs

At an estimated maximum interest rate of 5.0% for a twenty (20) year maturity, the estimated costs for this bond issue will be:

 

                                          Principal                                   1,500,000

                                          Interest                     907,278

                                          Total Debt Service           2,407,278

 

3.         Validity

            The validity of the bonds and the voters' ratification of the bonds may not be affected by any error in the above estimates.  If the actual amount of the total debt service for the bond issues varies from the estimates, the ratification by the voters is nevertheless conclusive and the validity of the bond issue is not affected by reason of the variance.

 

 

                                                                                    __/s/__________________________

                                                                                                                        Stanley W. Harmon

                                                                                    Treasurer, Town of Bar Harbor

 

Following much discussion and debate, resident voter Ivan Rasmussen made the motion to move the question, and was duly seconded.  Motion passed by greater than 2/3 plurality to cease debate.  The moderator then restated the motion and called for a voice vote; it was too close to call.  The motion for a written vote was made and duly seconded; the motion passed unanimously.

 

The Town Clerk and Deputy Clerk, Jennifer Monat, checked the voters through and after the call for all votes cast, they tallied the results as follows:

 

                                    Yea      74                                No       86

 

DEFEATED: The motion to adopt the statement numbered one through five in Article 2, the Log Cabin Property Purchase, as printed in the Warrant.

 

There being no other business, the meeting adjourned at 9:00 p.m.

 

 

 

Attested:

                        Patricia A. Gray, Town Clerk of Bar Harbor