THE
RECORD
SPECIAL TOWN MEETING –
TOWN OF
The voters of the Town of
ARTICLE 1 – ELECTION OF MODERATOR –To
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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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.
1.
a. Bonds outstanding and unpaid (
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/__________________________
Treasurer,
Town of
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
Attested:
Patricia
A. Gray, Town Clerk of