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Canton News

10/22/2014 - Special Town Meeting - October 22
TOWN OF CANTON
NOTICE OF
SPECIAL TOWN MEETING – OCTOBER 22, 2014
REFERENDUM - NOVEMBER 4, 2014

A special town meeting of the electors and citizens qualified to vote in town meetings of the Town of Canton, Connecticut, will be held at the Canton High School Auditorium, 76 Simonds Avenue, in Canton, Connecticut, on October 22, 2014 at 7:00 p.m. for the following purposes:

1. To consider a resolution,
(a) to appropriate $4,780,000 for costs in connection with the acquisition of the site for and design, construction and equipping of an approximately 19,000 square foot municipal highway garage to be located on an approximately 4.75 acre parcel of land now or formerly owned by Canton Commerce Associates LLC, known as 325 Commerce Drive in Canton, and related work, improvements, equipment and appurtenances. It is contemplated that the project will include garage bays, a mechanic’s bay, a wash bay, office space, a lunch room, locker space, an exterior refueling area and a salt shed. The appropriation may be spent for acquisition, design and construction costs, appurtenances, equipment, materials, testing and inspection costs, surveying, engineering and other consultant fees, legal fees, net temporary interest and other financing costs, and other expenses related to the project or its financing. The Permanent Municipal Building Committee shall determine the scope and particulars of the project, and may reduce or modify the scope of the project; and the entire appropriation may be spent on the reduced or modified project;
(b) to authorize the issue of bonds or notes of the Town in an amount not to exceed $4,780,000 to finance the appropriation for the project, and to authorize the issue of temporary notes of the Town in an amount not to exceed $4,780,000 in anticipation of such bonds or notes and the receipt of grants; 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 temporary notes, and to perform all other acts which are necessary or appropriate to issue the bonds or notes and temporary notes; to take such action to allow temporary advances of available funds which the Town reasonably expects will be reimbursed from the proceeds of borrowings; and to authorize the First Selectman and the Treasurer 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 and temporary notes authorized by the 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 temporary notes; and
(c) to authorize the Board of Selectmen, the First Selectman, the Treasurer, the Chief Administrative Officer, the Permanent Municipal Building Committee, and other proper officers and officials of the Town to take all other action which is necessary or desirable to construct and complete the project and to issue bonds, notes or temporary notes to finance the aforesaid appropriation.

2. Pursuant to Sections 7-7, 9-369 and 9-369d of the General Statutes to adjourn said town meeting at its conclusion and to submit the resolution to be presented under item 1 of this Notice to referendum vote on Tuesday, November 4, 2014, between the hours of 6:00 A.M. and 8:00 P.M., in conjunction with the election to be held on that date. Application for absentee ballots should be made to the Town Clerk’s office. Electors and persons qualified to vote in town meetings who are not electors shall vote on the question at the following polling place: Canton Town Hall, 4 Market Street, Collinsville, Connecticut.

The aforesaid resolution will be placed on the ballots under the following heading:

“SHALL THE TOWN OF CANTON APPROPRIATE $4,780,000 FOR ACQUISITION OF THE SITE FOR AND DESIGN, CONSTRUCTION AND EQUIPPING OF A MUNICIPAL HIGHWAY GARAGE; AND AUTHORIZE THE ISSUE OF BONDS AND NOTES IN THE SAME AMOUNT TO FINANCE THE APPROPRIATION?

Voters approving the resolution will vote “Yes” and those opposing the resolution will vote “No.”

The complete text of the resolution to be presented under item 1 of this notice is on file and available at the office of the Town Clerk for public inspection during regular business hours.

Dated at Canton, Connecticut, this 23rd day of September, 2014.
Canton Board of Selectmen