HIGHWAY DEPARTMENT EQUIPMENT CAPITAL RESERVE FUND DEPOSIT
Article P-12-03: Shall the Town vote to raise and appropriate the sum of $81,000 to be added to the existing Highway Department Equipment Capital Reserve Fund? If this article fails, article P-12-04 is null and void.
(Recommended by the Board of Selectmen (5-0-0) and Budget Committee (10-0-0); and this funding is in the Capital Improvement Program as approved by the Planning Board.)
[Intent: To continue to set aside money for future purchases of Highway Department vehicles. Putting funds aside each year will allow for the orderly replacement of highway vehicles by leveling the yearly tax impact. This money can only be spent by a future vote at Town Meeting. These funds will be invested in an interest bearing account.]
Balance of this Capital Reserve Fund is $91,695.45 as of December 31, 2011.
REPLACEMENT OF THE HIGHWAY DEPARTMENT'S 2004 F-550 FORD DUMP TRUCK
Article P-12-04: Shall the Town vote to raise and appropriate the sum of $110,000 for a new piece of equipment for the Highway Department and to withdraw those funds from the Highway Department Equipment Capital Reserve Fund for this purpose? This article is contingent on the passage of Article P-12-03.
Withdrawal from Highway Department Capital Reserve: -$110,000
Amount to be raised from 2012 taxes: $0
(Recommended by the Board of Selectmen (5-0-0) and recommended by the Budget Committee (10-0-0); and this funding is in the Capital Improvement Program as approved by the Planning Board.)
[Intent: To replace the Highway Department's 2004 F-550 Ford Dump Truck. The new dump truck will be equipped with a salt/sander, wing plow and front plow. This is the vehicle utilized on a daily basis, year-round for all public work's activities. Funding for this item will be from the Highway Department Capital Reserve Fund created in 2006.]
ENGINEERING STUDY FOR THE REPLACEMENT OF THE WESTVILLE ROAD BRIDGE