Cumberland Town Council Meeting Town Council Chambers CUMBERLAND 8214 INC Monday, July 8, 2019 MAINE 5:00 P.M. Finance Committee Workshop re: Bond Review 5:30 P.M. Workshop with the Assessor re: Property Audit 7:00 p.m. Call to Order On Monday, July 8, 2019, the Cumberland Town Council will hold a Finance Committee Workshop at 5:00 p.m., a Workshop with the Assessor at 5:30 p.m., and its regular meeting at 7:00 p.m. in the Town Council Chambers. An opportunity for public comment will be provided. The following items will be considered: To hear a report from the Assessor re: FY19 Property Audit To hold a Public Hearing to consider and act on Manager to execute a purchase and sale agreement for the sale of a portion of Twin Brook Recreation Area on Greely Road to Jeff Storey To hold a Public Hearing to authorize the issuance of up to $7,000,000 in general obligation bonds for the purpose of financing improvements to Town facilities, including renovations to Town Hall and the Town garage, a new compost and brush area, and the purchase of a new ladder truck for the Fire Department. (Note: up to $2,000,000 of said issuance may be allocated to construct a facility to be leased by the MSAD for its buses if the MSAD chooses to stay in Cumberland. If the MSAD moves to North Yarmouth, the bond amount will be reduced to $5,000,000.) To hold a Public Hearing to authorize the Town Manager to execute a Tax Anticipation Note To authorize the Town Manager to use funds from the sale of the Twin Brook property on Greely Road, TIF Funds where applicable, and Bond funds to construct and permit the brush and compost pad next to the Town Forest. To set a Public Hearing date of July 22nd to set the FY2020 tax rate. To set a Public Hearing date of July 22nd to set rates at which interest will be paid for delinquent taxes and to authorizing applying tax payments to the oldest unpaid taxes authorizing the Town . . Additional items may also be considered. Please refer to the town's website: www.cumberlandmaine.com for a complete agenda. Cumberland Town Council Meeting Town Council Chambers CUMBERLAND 8214 INC Monday, July 8, 2019 MAINE 5:00 P.M. Finance Committee Workshop re: Bond Review 5:30 P.M. Workshop with the Assessor re: Property Audit 7:00 p.m. Call to Order On Monday, July 8, 2019, the Cumberland Town Council will hold a Finance Committee Workshop at 5:00 p.m., a Workshop with the Assessor at 5:30 p.m., and its regular meeting at 7:00 p.m. in the Town Council Chambers. An opportunity for public comment will be provided. The following items will be considered: To hear a report from the Assessor re: FY19 Property Audit To hold a Public Hearing to consider and act on Manager to execute a purchase and sale agreement for the sale of a portion of Twin Brook Recreation Area on Greely Road to Jeff Storey To hold a Public Hearing to authorize the issuance of up to $7,000,000 in general obligation bonds for the purpose of financing improvements to Town facilities, including renovations to Town Hall and the Town garage, a new compost and brush area, and the purchase of a new ladder truck for the Fire Department. (Note: up to $2,000,000 of said issuance may be allocated to construct a facility to be leased by the MSAD for its buses if the MSAD chooses to stay in Cumberland. If the MSAD moves to North Yarmouth, the bond amount will be reduced to $5,000,000.) To hold a Public Hearing to authorize the Town Manager to execute a Tax Anticipation Note To authorize the Town Manager to use funds from the sale of the Twin Brook property on Greely Road, TIF Funds where applicable, and Bond funds to construct and permit the brush and compost pad next to the Town Forest. To set a Public Hearing date of July 22nd to set the FY2020 tax rate. To set a Public Hearing date of July 22nd to set rates at which interest will be paid for delinquent taxes and to authorizing applying tax payments to the oldest unpaid taxes authorizing the Town . . Additional items may also be considered. Please refer to the town's website: www.cumberlandmaine.com for a complete agenda.