Town of Belmont, New Hampshire : Annual Report 2008

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He submitted an amendment to designate the use of funds by town majority vote. The amendment was seconded by Kerry Bergeron.
Wade Burchell spoke against the amended version of Article #6.
Ronald Mitchell spoke in favor of the Amendment stating there is too much money to be spent at the Selectmen's discretion. The Budget Committee and voters should have input.
Preston Tuthill also spoke in favor of the amended article.
Moderator Garfield re-read the amended Article #6.
A standing vote on the ame
...ndment was held. There were 97 yes votes and 76 no votes.
Amendment passed.
Donald McLelland stated he has a problem with the monies going into the General Fund. What protection is in place that monies will be reserved for the purpose established?
Selectman Cormier replied that Capital Reserve Funds are voted yearly. An article would be on the ballot to appropriate funds for vehicle purchases.
2008 Second Session Meeting Minutes 141 Alfred Fecteau inquired what would happen if Article 6 fails? Selectman Cormier responded we will still have the Comstar fund and will have to vote on monies to fund Article #6.


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