Town of Sprague

Special Town Meetings

Wednesday, June 9th 2010

Time: 7:00 PM @ Town Hall

TOWN OF SPRAGUE

NOTICE OF SPECIAL TOWN MEETING

A Special Town Meeting of the electors and citizens qualified to vote in town meetings of the Town of Sprague, Connecticut, will be held in the Courtroom at the Sprague Town Hall, 1 Main Street, Baltic, CT on Wednesday June 9, 2010 at 7:00 P.M. for the following purposes:

1. To consider and act upon a resolution,
(a) to authorize the issue bonds or notes in an amount not to exceed $314,000 to finance appropriations in the aggregate amount of $314,000 included in the adopted budget for the fiscal year ending June 30, 2011 for costs related to various projects constituting the Fiscal Year 2010/11 Road Upgrades and Streetscape Improvements Program, as follows: (a) pavement overlays to all or portions of Parkwood Road, Hazelwood Drive, Bay Street and Pearl Street, drainage improvements on Potash Hill Drive, and other related work as to be determined by the First Selectman ($200,000 appropriation), (b) pavement chip sealing to all or portions of Salt Rock Road, Mission Street and Fifth Avenue, and other related work as to be determined by the First Selectman ($48,000 appropriation), (c) installation of ribbon guardrail to all or portions of Bay Street, Ridge Road, Baltic-Hanover Road and Fifth Avenue, and other related work as to be determined by the First Selectman ($16,000 appropriation), and (d) streetscape improvements to all or portions of Upper High Street and High Street, including drainage, widening, sidewalk installation and other related work as to be determined by the First Selectman ($50,000 appropriation); balance of project costs to be funded with $500,000 Small Cities grant proceeds appropriated in the adopted budget for the fiscal year ending June 30, 2011); to authorize the issue of temporary notes of the Town in an amount not to exceed $314,000 in anticipation of such bonds or notes; and to authorize the First Selectman and the Treasurer of the Town to determine the amounts, dates, interest rates, maturities, redemption provisions, form and other details of the bonds or notes; and to perform all other acts which are necessary or appropriate to issue the bonds or notes. The appropriations may be spent for design and construction costs, equipment, materials, engineering fees, legal fees, related land or easement acquisitions, net interest on borrowings and other financing costs, and other expenses related to the project or its financing;
(b) to take such action to allow temporary advances of available funds and to reasonably expect the Town to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized above for the project; to authorize the First Selectman and the Treasurer to amend such declaration of official intent as they deem necessary or advisable and to bind the Town pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by this resolution, if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and
(c) to authorize the Board of Selectmen, the First Selectman, the Treasurer and other proper officers and officials of the Town to take all other action which is necessary or desirable to complete the projects and to issue bonds, notes and temporary notes to finance the appropriations for the project.
 
2. To consider and act upon a resolution,
(a) to authorize the issue bonds or notes in an amount not to exceed $30,667 to finance an appropriation in the amount of $30,667 for the Town’s net cost related to replacement of the communications system among Town Hall, Town highway vehicles and emergency vehicles, and related work and equipment; to authorize the issue of temporary notes of the Town in an amount not to exceed $30,667 in anticipation of such bonds or notes; and to authorize the First Selectman and the Treasurer of the Town to determine the amounts, dates, interest rates, maturities, redemption provisions, form and other details of the bonds or notes; and to perform all other acts which are necessary or appropriate to issue the bonds or notes. The balance of the costs of the project is to be funded with $15,333 grant proceeds appropriated in the adopted budget for the fiscal year ending June 30, 2011. The appropriation may be spent for acquisition and installation costs, consultant fees, equipment, legal fees, net interest on borrowings and other financing costs, and other expenses related to the project or its financing;
(b) to take such action to allow temporary advances of available funds and to reasonably expect the Town to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized above for the project; to authorize the First Selectman and the Treasurer to amend such declaration of official intent as they deem necessary or advisable and to bind the Town pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by this resolution, if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as
they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and
(c) to authorize the Board of Selectmen, the First Selectman, the Treasurer and other proper officers and officials of the Town to take all other action which is necessary or desirable to complete the project and to issue bonds, notes and temporary notes to finance the appropriation for the project.
 
3. To consider and act upon a resolution,
(a) to authorize the issue bonds or notes in an amount not to exceed $13,500 to finance an appropriation in the amount of $13,500 included in the adopted budget for the fiscal year ending June 30, 2011 for costs related to refurbishment of the Senior Center located at One Main Street in Baltic, including such improvements, renovations, modifications, and equipment and furnishing acquisitions as to be determined by the First Selectman; to authorize the issue of temporary notes of the Town in an amount not to exceed $13,500 in anticipation of such bonds or notes; and to authorize the First Selectman and the Treasurer of the Town to determine the amounts, dates, interest rates, maturities, redemption provisions, form and other details of the bonds or notes; and to perform all other acts which are necessary or appropriate to issue the bonds or notes. The appropriations may be spent for design and construction costs, equipment, materials, engineering fees, legal fees, net interest on borrowings and other financing costs, and other expenses related to the project or its financing;
(b) to take such action to allow temporary advances of available funds and to reasonably expect the Town to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized above for the project; to authorize the First Selectman and the Treasurer to amend such declaration of official intent as they deem necessary or advisable and to bind the Town pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by this resolution, if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and
(c) to authorize the Board of Selectmen, the First Selectman, the Treasurer and other proper officers and officials of the Town to take all other action which is necessary or desirable to complete the project and to issue bonds, notes and temporary notes to finance the appropriation for the project.
 
4. To consider and act upon a resolution,
(a) to authorize the issue bonds or notes in an amount not to exceed $35,000 to finance an appropriation in the amount of $35,000 included in the adopted budget for the fiscal year ending June 30, 2011 for a portion of the costs related to preliminary design of and grant applications for various improvements to the sanitary sewer and water systems of the Town, contemplated to include improvements to Baltic Reservoir including demolition and reconstruction of the east dam (spillway) and upgrades to the water filtration plant system for surface water filtration; improvements to the water system including removal of abandoned fire hydrants, water line upgrades, spare pump acquisition and construction of a 500,000 gallon storage tank; improvements to or replacement of the sewage treatment plant; improvements to Sanitary Sewer Pump Station #1 in Baltic, Sanitary Sewer Pump Station #2 in Hanover, Sanitary Sewer Pump Station #3 on Main Street in Versailles and Sanitary Sewer Pump Station #4 on Bay Street in Versailles; and implementation of a sewer system inflow/infiltration study; to authorize the issue of temporary notes of the Town in an amount not to exceed $35,000 in anticipation of such bonds or notes; and to authorize the First Selectman and the Treasurer of the Town to determine the amounts, dates, interest rates, maturities, redemption provisions, form and other details of the bonds or notes; and to perform all other acts which are necessary or appropriate to issue the bonds or notes. The balance of the preliminary design and grant application costs is anticipated to be funded with future grant awards from the U.S. Department of Agriculture. The appropriation may be spent for design costs, grant application and administration, engineering and consultant fees, legal fees, net interest on borrowings and other financing costs, and other expenses related to the project or its financing;
(b) to take such action to allow temporary advances of available funds and to reasonably expect the Town to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized above for the project; to authorize the First Selectman and the Treasurer to amend such declaration of official intent as they deem necessary or advisable and to bind the Town pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by this resolution, if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as
they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and
(c) to authorize the Board of Selectmen, the First Selectman, the Treasurer, the Water and Sewer Authority and other proper officers and officials of the Town to take all other action which is necessary or desirable to complete the project and to issue bonds, notes and temporary notes to finance the appropriation for the project.
 
5. To consider and act upon a resolution,
(a) to appropriate $81,761 for costs related to the issuance of bonds or notes and temporary notes to finance all or a portion of the aggregate $393,167 appropriations included in the Town’s capital budget for the fiscal year ending June 30, 2011 referred to in items 1 through 4, inclusive, of this notice. The appropriation may be spent for financial advisory fees, legal fees, net interest on borrowings and other financing costs and expenses related to the financing of all or a portion of said aggregate $393,167 appropriations;
(b) to authorize the issue bonds or notes in an amount not to exceed $81,761 to finance said appropriation; to authorize the issue of temporary notes of the Town in an amount not to exceed $81,761 in anticipation of such bonds or notes; and to authorize the First Selectman and the Treasurer of the Town to determine the amounts, dates, interest rates, maturities, redemption provisions, form and other details of the bonds or notes; and to perform all other acts which are necessary or appropriate to issue the bonds or notes;
(c) to take such action to allow temporary advances of available funds and to reasonably expect the Town to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized above for the project; to authorize the First Selectman and the Treasurer to amend such declaration of official intent as they deem necessary or advisable and to bind the Town pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by this resolution, if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and
(d) to authorize the Board of Selectmen, the First Selectman, the Treasurer and other proper officers and officials of the Town to take all other action which is necessary or desirable to issue bonds, notes and temporary notes to finance the aforesaid appropriation.

6. To appropriate $25,000 received from Cascades Boxboard Group for a Waste Treatment Study.
 
7. To appropriate $90,000 grant from Connecticut Commission on Culture & Tourism for renovation of the 3rd floor of the Grist Mill for Museum and Archival Space.
 
8. To appropriate $21,855 from the sale of Fire Apparatus to be used for the Fire Department in Capital Expenditures.
 
9. To appropriate $500,000 for the purchase of the Watson Property application made for a DEP Land Acquisition Grant to cover said purchase.

Dated at Sprague, CT, this 3rd day of June 2010

Catherine A. Osten, First Selectman
Edward C. Meadows, Selectman
Michael R. Collins, Selectman

Special Town Meetings
Wednesday, June 9th 2010
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