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DESCRIPTION: Last year was the first year of combining into one article capital renewal <br /> funding for maintaining existing assets, as distinguished from funding new or significantly <br /> expanded assets. This article is proposed to request routine maintenance funding for existing <br /> assets in a single article both to give it priority in the budgeting process and to allow capital <br /> discussions to focus on other, more difficult or controversial financial decisions. This article <br /> implements this concept for most non-school, capital renewal requests for FY2001. Cash capital <br /> funding proposed reflects the five-year plan endorsed by the Board of Selectmen. Funding <br /> requirements for$1,675,914 will be $600,000 borrowing, $452,864 Enterprise, and $623,050 <br /> Tax Levy of which $500,000 will be subject to a Proposition 2 1/2 override. <br /> ARTICLE 9 STREET ACCEPTANCES <br /> To see if the Town will vote to establish as a Town way and accept the layout of as a Town way <br /> the following streets: <br /> Howard Munroe Place from Woburn Street a distance of 290 feet, more or less, to end; <br /> Litchfield Road from Lowell Street a distance of 278 feet, more or less, to end; <br /> Johnson Farm Road from Flintlock Road a distance of 270 feet, more or less, to end; <br /> Fox Run Lane from East Street a distance of 622 feet, more or less, to end, <br /> As laid out by the Selectmen, all as shown upon plans on file in the office of the Town Clerk, <br /> dated August 29, 1998, September 2, 1998, October 7, 1998 and December 7, 1999, and to take <br /> by eminent domain, purchase or otherwise acquire any fee, easement, or other interest in land <br /> necessary therefor; and raise and appropriate money for the construction of said streets and for <br /> land acquisition; determine whether the money shall be provided in the tax levy, by transfer from <br /> available funds,by borrowing, or by any combination of these methods; or act in any other <br /> manner in relation thereto. <br /> (Inserted by the Board of Selectmen) <br /> FUNDS REQUESTED: None <br /> DESCRIPTION: All of the roads listed above were constructed under the Subdivision <br /> Control Law and meet or exceed the minimum Town standards for acceptance. No <br /> appropriation is required. <br /> 14 <br />