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Putney Select Board Public Informational Meeting

February 13, 2019 at 6:15 pm
Dummerston Elementary School
52 Schoolhouse Road, East Dummerston Vermont

The Town of Putney Select Board, pursuant to 17 V.S.A. § 2680(g), 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