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Putney Select Board Public Informational Meeting

Special Putney Select Board


Putney Central School Library
February 27, 2019 at 5:00 pm

The Town of Putney Selectboard, pursuant to 24 V.S.A. § 1756 hereby gives notice of a public informational meeting to the registered voters of Putney relative to Article 8 to be voted on by Australian Ballot at the annual town meeting on March 5, 2019;

Article 8:

The Town of Putney seeks voter approval to incur bonded indebtedness for the purpose of financing the joint purchase with the Town of Dummerston the 32 acre +/- “Renaud Gravel Pit” in the Town of Dummerston for the purpose of extraction of gravel for use in constructing and maintaining their highways and other lawful purposes, for a purchase price not to exceed Two Million Dollars ($2,000,000) shared equally (with each town paying One Million Dollars ($1,000,000) toward the purchase price);

The question to be voted upon by Australian Ballot will be as follows:

“Shall general obligation bonds or notes of the Town of Putney, in the amount not to exceed One Million Dollars ($1,000,000.00) bearing interest at a rate not to exceed 4.25% for a term not to exceed 25 years be issued for the purpose of financing the 32 acre +/- Renaud Gravel Pit in Dummerston, Vermont jointly with the Town of Dummerston, Vermont?”

If in favor of this bond issue, make a cross (x) in this square: YES

If opposed to this bond issue, make a cross (x) in this square: NO

This public informational meeting will take place on February 27, 2019 at the Putney Central School located at 182 Westminster Road, Putney commencing at 5:00 pm in the library.

Dated at Putney this 21st day of February, 2019.