Sandra Shea and husband Dean Shea take part in a written ballot vote at a May 25 Wiscasset town meeting on the school budget.

SUSAN JOHNS/Wiscasset Newspaper

Voter Registration deadline - By Mail: Last day for by-mail registration to vote in General Election. October 18, 2016

Absentee Ballot return deadline: Last day for absentee ballot to be received for the General Election. Voted absentee ballots must be received by the municipal clerk by 8:00 p.m. on Election Day. November 8, 2016

Keith Rendall, left, and Quincy Brimstein stand next to the driveway at the Wiscasset Community Center, where residents were deciding spending and other issues June 14.

SUSAN JOHNS/Wiscasset Newspaper 

TOWN OF BOOTHBAY

 WARRANT

 FOR THE SPECIAL TOWN MEETING

 NOVEMBER 8, 2016

State Of Maine

County Of Lincoln

To a Resident of the Town of Boothbay in said County.

Greetings:

In the name of the State of Maine, you are hereby required to notify and warn the voters of the TOWN OF BOOTHBAY in said County and State, qualified by law to vote in Town affairs, to meet at the Boothbay Town Offices in said Town, on Tuesday, the 8th day of November, 2016 at 8 am, then and there to act upon Article 1. The polls for voting on Articles 2 through 6, shall be opened at 8 am, and will close at 8 pm.

Article 1. To choose a Moderator to preside at said meeting.

Article 2. To vote by secret ballot on the following Referendum Question:

To see if the Town will vote to authorize the issuance of general obligation bonds or notes in an amount not to exceed $1,150,000 in order to finance the costs of public street paving, sidewalk, curbing, drainage and other improvements for Route 27 in the Boothbay village center and related public street improvements, with the bonds to have such dates, maturities, denominations, interest rate(s) and other details (including provisions that the bonds may be subject to call for redemption with or without premium), as the Board of Selectmen shall determine, and to appropriate the same for said purpose (see Financial Statement), to be effective only if Articles 3 and 4 are also passed at the November 8, 2016 referendum.

Note: Total estimated debt service of this bond or note issue is $1,531,227, of which principal is $1,150,000 and estimated interest cost at rates ranging from 1.0% to 3.88% depending on the year of maturity over 20 years is $381,227.

Note: Tax revenues from the Development Program #3 Boothbay Commercial Development Omnibus Municipal Tax Increment Financing (TIF) District and Development Program are anticipated to be sufficient to pay in full the debt service on these bonds.

The Board of Selectmen recommends a “yes” vote.

FINANCIAL STATEMENT – TOWN OF BOOTHBAY

Financial Statement: The following financial statement applies to the question set forth above. The issuing of bonds by the Town of Boothbay is one of the ways in which the Town borrows money for certain purposes. The following is a summary of the bonded indebtedness of the Town of Boothbay as of September 1, 2016:

Principal amount of Bonds of the Town now Outstanding and Unpaid: $ ____0.00_

Interest to be paid on Outstanding Bonds: $ ____0.00_

Total Principal and Interest to be Repaid on Bonds Outstanding: $ ____0.00_

Additional Principal Amount of Bonds Authorized but not yet issued: $ 0

Total principal amount of new Bonds to be issued if approved by the Voters: $1,150,000

Estimated of potential new interest on such additional Bonds: $ 381,227

Estimated total of Principal and Interest to be Repaid on new Bonds if approved: $ 1,531,227

When money is borrowed by issuing bonds, the Town must repay not only the principal amount of the bonds but also interest on the bonds. The amount of interest to be paid will vary depending upon the rate of interest and the years to maturity at the time of issue. The validity of the bonds and of the voters’ approval of the bonds may not be affected by any errors on the estimates made of the costs involved, including varying interest rates, the estimated cost of interest on the bond amount to be issued and the total cost of principal and interest to be paid at maturity. If the actual amount of the total debt service for the bond issues varies from the estimate, the approval by the electors is nevertheless conclusive and the validity of the bond issue is not affected by reason of the variance.

Daniel G. Bryer Jr.

Daniel G. Bryer Jr., Town Treasurer

Article 3. To vote by secret ballot on the following Referendum Question:

To see if the Town will vote to authorize the Board of Selectmen to enter into a “Business Partnership Initiative Agreement” with the State of Maine (acting by and through its Department of Transportation) and PGC5, LLC, providing for the payment of up to $3,300,000 of the costs of public street paving, sidewalk, curbing, drainage and other improvements for Route 27 in the Boothbay village center and related public street improvements, with the State of Maine Department of Transportation to pay 30% (up to $1,000,000) of such costs, the Town to pay 35% (up to $1,150,000 to be financed by the bonds described in Article 2 above) of such costs and PGC5, LLC to pay 35% (up to $1,150,000) of such costs, and on such further terms and conditions as the Board of Selectmen deems to be in the best interests of the Town;provided, however, that the Board of Selectmen shall conduct a public hearing, with prior notice, on the agreement prior to execution of the same; and to be effective only if Articles 2 and 4 are also passed at the November 8, 2016 referendum.

The Board of Selectmen recommends a “yes” vote.

Article 4. To vote by secret ballot on the following Referendum Question:

To see if the Town will vote to amend the Town of Boothbay Development Program #3 Boothbay Commercial Development Omnibus Municipal Tax Increment (TIF) Financing District and Development Program and adopt the First Amendment to Development Program for the District, such designation and adoption to be on the terms and provisions of the “First Amendment to Development Program #3 Boothbay Commercial Development Omnibus Municipal Tax Increment Financing (TIF) District and Development Program” (the “First Amendment”) as has been on file in the Town Clerk’s Office, a copy of which is incorporated herein by reference; (ii) to make the findings set forth in the First Amendment; and (iii) to submit to the State of Maine Commissioner of Economic and Community Development for approval such applications and further documentation as may be necessary or appropriate for final approval and establishment of the First Amendment to the District and the Development Program and financial plan pursuant to 30-A M.R.S.A. Chapter 206, with the Town Manager being hereby authorized to make such revisions to the Development Program as he deems reasonably necessary or convenient in order to facilitate approval by the Maine Department of Economic and Community Development, as long as such revisions are not inconsistent with this Article or the basic structure and intent of the Development Program, to be effective only if Articles 2 and 3 are also passed at the November 8, 2016 referendum.

The Board of Selectmen recommends a “yes” vote.

Article 5. To vote by secret ballot on the following Referendum Question:

To see if the Town will vote to authorize the Board of Selectmen to enter into a Credit Enhancement Agreement with C & L Forestry Wood Pellets Inc. (the “Company”), substantially in the form attached to the Town of Boothbay Municipal Development and Tax Increment Financing (TIF) District #3 (Boothbay Commercial Development District) Development Program, with any changes thereto as approved by the Board of Selectmen, providing for the Town to pay to the Company, for a term of 20 years, 75% of the tax increment arising out of the taxes paid on property owned by the Company and located in the District.

 The Board of Selectmen recommends a “yes” vote.

Article 6. To vote by secret ballot on the following Referendum Question:

To see if the Town will vote to authorize the Board of Selectmen to enter into an agreement with the State of Maine (acting by and through its Department of Transportation) that allows the State of Maine to use the Town owned-property located at 911 Wiscasset Road (Tax Map_U19_, Lot _15-D_) as a “Park and Ride Lot” at which the public may park their vehicles, such agreement to be for a term not to exceed 10 years and on such further terms and conditions as the Board of Selectmen deems to be in the best interests of the Town.

The Board of Selectmen recommends a “yes” vote.

The Registrar of Voters’ Office will be open to correct any errors in or change a name or address on the voting list, to accept the registration of any person who became 18 years of age on or before the day of this Special Town Meeting, and to accept new enrollments.

A person who is not registered as a voter may not vote in any election or town meeting.

You are hereby directed to advertise this warrant in the Boothbay Register at least fourteen (14) days before holding of said meeting. Thereof fail not and have this special town meeting warrant posted with your doings thereon at a time and place mentioned. Given under our hands at Boothbay, Maine, the _14^th_ day of _September_, 2016.

BOARD OF SELECTMEN

Dale C. Harmon, Chairman

Douglas W. Burnham, Vice Chairman

Steven C. Lewis

Charles R. Cunningham

Stephen W. Ham

A TRUE COPY ATTEST: CONSTABLE