Special Town Meeting Sept 1, 2009

Rules governing the special town meeting for ARRA (American Recovery and Reinvestment Act) funds must be held only for this purpose. Our meeting will have two sessions. One for the ARRA funds only and the second to consider TIF District and the Municipal and Transportation Capital Reserve Fund issue. They will be held on the same day, with the second session immediately following the close of the first.Town Meeting session #1

Article 1: Shall the town vote to raise and appropriate the sum of $64,511 to rehire a full time officer for the police department with a salary of $38,600 and benefits of $25,911. Said hiring to be conditioned upon receiving a grant for 100% of the officers salary and benefits from the COPS Hiring Recovery Program, said funds to be received from the American Recovery and Reinvestment Act of 2009, which if awarded would provide salary and benefits for three (3) years and require the town to fund the position awarded under the grant for the 4th year. If approved, funding for this position will be contained in the operating budget for the 4th year.

Town Meeting session #2

Article 1: To see if the town will vote to adopt the provisions of RSA 162-K which will allow the town to establish one or more development districts?

Article 2: To see if the town will vote to establish a development district to be known as the “Downtown Bradford Improvement TIF District” pursuant to RSA 162-K:5 and to establish a development program and tax increment financing plan as proposed by the selectmen pursuant to RSA 162-K:6, RSA 162-K:9 and 162-K:10 for the “Downtown Bradford Improvement TIF District.” The “Downtown Bradford Improvement TIF District” shall consist of the following parcels:

Tax Map 3, Lots 22, 23, 25, 28, 29, 90, 93, 94 (including sub lots 1-25), 95,96-99, 101-104, 110; Tax Map 17, Lots 1-15, 21-25, 27–40, 44-45, 47-62, 69-70; Tax Map 16, Lots 75, 83-85, 87-105, 115, 116.

The passage of this Article is contingent upon the passage of Article 1.

If Articles one and two pass Article three and four will be withdrawn

Article 3: To see if the town will vote to establish a Capital Reserve Fund under the provisions of RSA 35:1 for the purposes of municipal and transportation improvements to be known as the Municipal and Transportation Capital Improvement Fund to fund, wholly or in part, improvements in the local or regional transportation system including roads, bridges, bicycle and pedestrian facilities, parking and intermodal facilities and public transportation. The fund may be used for engineering, right-of-way acquisition, and construction costs of transportation facilities, and for operating and capital costs of public transportation only. The fund may be used as matching funds for state or federal funds allocated for local or regional transportation improvements. Such funds shall be appropriated for the purposes provided in this paragraph only and shall not be used to offset any other non-transportation appropriations made by the municipality. The selectmen shall be agents to expend from the Municipal and Transportation Capital Improvement Fund.

Article 4: To see if the town will vote to adopt RSA 261:153, IV to collect a $5.00 fee in addition to the motor vehicle registration fee for the purpose of funding the Municipal and Transportation Capital Improvement Fund. Of this amount, not more than $0.50 of each fee paid may be retained by the town for administrative costs. The remaining amount shall accounted for, and each year an amount equivalent to the fees collected in the previous year (less the administrative fee) shall be raised and appropriated to be added to the Municipal and Transportation Capital Improvement Fund. Ballot vote.

This Article is contingent upon the passage of Article 3.