Item Coversheet


Town of Arlington, Massachusetts


Article 24
Warrant Article Title:

REVOLVING FUND / 17 IRVING STREET

Warrant Article Text:

To see if the Town will vote to establish a revolving fund under MGL Ch. 40, sec.3, to hear or receive a report concerning the receipts and expenditures of same, to establish new revolving funds, to appropriate sums of money to fund same revolving fund and determine how the money shall be raised or expended; or take any action related thereto.

Requested by:
Inserted at the request of the Town Manager
Report Excerpt:

The Supplemental Select Board Report linked below has changed their Recommended Vote and Comment.

 

VOTE: That No Action be taken on this article (5-0). 


COMMENT: The establishment of the proposed revolving fund requires an amendment to Title 1, Article 22, Section 5 of the Town Bylaws. Unlike Article 7, Article 24 was not placed on the warrant for Annual Town Meeting as a bylaw amendment and should not be acted upon.

Vote Language:

That no action be taken on this article.