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3 <br /> • <br /> ( 1992 ANNUAL TOWN MEETING , CONT . - MARCH 23 . 1992 ) <br /> Following a voice vote at 8 : 48 p , m. , the Moderator <br /> declared passage . <br /> ARTICLE 12 . PUBLIC WORKS EQUIPMENT <br /> MOTION : That the sum of $60 , 000 be appropriated Passed - <br /> for the purchase by or with the approval of the See below <br /> Selectmen of equipment for the Department of Public <br /> Works , and to raise such amount $35 , 000 be <br /> transferred from the Water Enterprise Fund and <br /> $25 , 000 be transferred from the Sewer Enterprise <br /> Fund . <br /> 8 : 48 p.m. Presented by Selectman Smith. Mrs . Smith <br /> described the equipment . <br /> 8 : 52 p .m. Ronald Levy stated that a majority of the <br /> Appropriation Committee recommended approval , <br /> 8 : 52 p. m. Ronald Grammont , Capital Expenditures <br /> Committee , stated approval . <br /> There were questions as to whethe ' deferral would be cost <br /> effective , as to the retained earnings deficit in the <br /> Sewer Enterprise Fund and surplus in the Water Fund . <br /> Following a voice vote at 9 : 00 p . m. , the Moderator <br /> declared passage . <br /> n9 : 00 p.m. George Burnell served Notice of <br /> Reconsideration on Article 11 , Water Mains , and Article <br /> 12 , Public Works Equipment . <br /> • <br /> • <br /> ARTICLE 13 . STREET IMPROVEMENTS <br /> MOTION : That the Treasurer with the approval of <br /> the Selectmen be authorized to issue Highway <br /> Reimbursement Notes of the mown under G . L . c . 44 , Passed - <br /> sec . 6 , as amended , in anticipation of See below <br /> reimbursement by the Commonwealth for highway <br /> reconstruction and improvements under the authority <br /> of Chapter. 90 of the General Laws as funded, and <br /> that notes issued for a shorter period than two <br /> years may be refunded by Lige issue of new notes <br /> maturing within two years from the date of the <br /> original obligation , and that the Selectmen are <br /> authorized to accept highway funds from all sources <br /> including the $445 , 801 allocated under Chapter 33 <br /> of the Acts of 1991 which are hereby appropriated <br /> for highway purposes . <br /> 9 : 04 p.m. Presented by Selectman Eddison. <br /> o , 9 : 04 p.m. Ronald Levy stated that the Appropriation <br /> Committee recommended approval with reluctance . <br /> 9 : 06 p.m. Ronald Grammont , Capital Expenditures <br /> Committee , stated approval , <br /> Following a voice vote at 9 : 03 p . m. , the Moderator <br /> declared unanimous passage . <br />