Annual Town/Annual Budget Meeting
Warning is hereby given to the electors and those entitled to vote at
town meetings of the Town of North Stonington that the Annual Town
Meeting/Annual Budget Meeting shall be held at the following location on
the date and time indicated for the purposes of transacting the business
setforth below:
Location: North Stonington Elementary School Multi-Purpose Room
Date: May 19, 2008
Time: 7:00 PM
1. To hear and act upon the following Resolution: Resolved: that
the Board of Selectmen is hereby authorized and empowered to enter into
an agreement with the Commissioner of the State of Connecticut,
Department of Transportation, for the expenditure of all highway funds
available to said Town from the State Highway funds for the fiscal year
beginning July 1, 2008 under provisions of Chapter 240 of the
Connecticut General Statutes, 1958 Revision, as amended.
2. To hear and act upon the following Resolution: Resolved: that
the Board
of Selectmen is hereby, authorized and empowered to obtain loans at
current interest rates for loans to municipalities in anticipation of
the receipt of tax collections and in anticipation of the receipt of
federal and/or state grants with respect to a project or program on such
terms and conditions as follows: (a) the amount borrowed shall not
exceed $1,000,000, at any one time; and (b) the Board of Finance shall
receive, as early as possible, prior notification of any borrowing. The
Board of Selectmen is further authorized and empowered to execute any
and all documents necessary and required.
3. To hear and act upon the amendment of the Town of North
Stonington's Local Capital Improvement Plan for fiscal years 2008-2009
through 2012-2013.
4. "Shall the Town of North Stonington approve the
estimates and recommendations of the Board of Finance with respect to
the annual budget for fiscal year July 1, 2008 through June 30, 2009, in
the amount of $ 5,938,323 for the General Government, including
Redemption of Debt and Capital and make specific appropriations and
authorize expenditures in, connection therewith as appear advisable?"
5. "Shall the Town of North Stonington approve the estimates and
recommendations of the Board of Finance with respect to the annual
budget for fiscal year July 1, 2008 through June 30, 2009, in the amount
of $11,902,560 for Board of Education, and make specific appropriations
and authorize expenditures in, connection therewith as appear
advisable?"
6. "Shall the Town of North Stonington approve the purchase of the
Mystic Seaport property located on Route 2 for the price of $655,000
($647,890 purchase price and $7,110 - first year maintenance costs)
contingent upon the fulfillment of all the conditions of the real estate
purchase and sales agreement?"
7. "Shall the Town of North Stonington approve a donation to the
North Stonington Little League in the amount of $300,000?"
Dated at North Stonington this 8th day of May, 2008.
BOARD OF SELECTMEN
Nicholas H. Mullane, II
Shawn P. Murphy
William S. Ricker
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