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Bond Public Hearing Minutes of 1/9/2019
January 16th, 2019
Carroll Board of Selectmen
Bond Public Hearing
January 9, 2019
“These minutes of the Town of Carroll Select Board have been recorded by its Secretary. Though believed to be accurate and correct they are subject to additions, deletions and corrections by the Select Board at its next meeting when the Board votes its final approval of the minutes. They are being made available at this time to conform to the requirements of New Hampshire RSA 91-A:2.”
Minutes recorded by Maryclare H. Quigley, Secretary
Board members present: David A. Scalley, Brian P. Mycko, Bonnie J. Moroney
Members of the Public Present: Imre Szauter, Allan Clark, Michael Finn
The Hearing was called to order at 6:04 p.m. by Chairman Scalley.
Pledge of Allegiance.
Chairman Scalley read the Bond Article that will be in the Warrant:
“To see if the Town of Carroll will vote to raise and appropriate Four Million Two Hundred Fifty Five Thousand Dollars ($4,255,000) (gross budget) for the purpose of financing the construction of new Town Hall and Public Safety buildings; the new Town Hall building will include administrative offices, the Town Library, Historical Society and Community Room; the Public Safety building will include Police Department, Fire-Rescue Department, and Emergency Management Services; the buildings to be located on Town-owned land (Map & Lot 206-018-000-000); to authorize the issuance of bonds or notes in accordance with the Municipal Finance Act (RSA 33) in the amount of Four Million, Five Thousand Dollars ($4,005,000); to authorize the Board of Selectmen to issue, and negotiate, sell and deliver such bonds or notes and to determine the rate of interest thereon and the maturity and other terms thereof; to authorize the Board of Selectmen to apply for, obtain, accept and expend any federal, state or other aid, grants, rebates, gifts or other revenues as may become available for the project and to comply with all laws applicable to said project; to authorize the Board of Selectmen to take any other action or pass any other vote relative thereto; to authorize the withdrawal of the sum of Two Hundred Thirty Thousand Dollars ($230,000) from the New Land and Building Capital Reserve Fund for use on this project; and to authorize the withdrawal of the sum of Twenty Thousand Dollars ($20,000) from the Library Improvement Capital Reserve Fund for use on this project. (3/5 ballot vote required).”
Imre Szauter noted the full amount of the bond was incorrect as it is $200,000 short, and should read “Four Million Four Hundred Fifty Five Thousand Dollars ($4,455,000).” It was also noted this would change the amount for issuance of bonds or notes to “Four Million, Two Hundred Five Thousand Dollars ($4,205,000).” This error was due to a misprint on a document given to the Office.
As there was no further discussion regarding the Bond, Selectman Moroney made a Motion to: Accept the corrected amounts for the gross bond, $4,455,000, and that for the issuance of bonds or notes, $4,205,000, and to change the Warrant Article accordingly. Selectman Mycko seconded and the Motion passed unanimously.
As there were no further questions and no further discussion regarding the Bond, Chairman Scalley made a Motion to: Close the Public Hearing for the Bond. Selectman Mycko seconded and it passed unanimously. Chairman Scalley declared it closed at 6:07 p.m.