Referendum Questions on Ballot
Referendum Question 1.
Moratorium on Activities Which Involve the Processing or Bulk Transportation of Water Through the Town of Fryeburg. The question to be voted upon is as follows:
SHALL THE TOWN ADOPT A MORATORIUM PURSUANT TO 30-A M.R.S.A. §4356 ON ACTIVITIES WHICH INVOLVE THE PROCESSING OR BULK TRANSPORTATION OF WATER THROUGH THE TOWN OF FRYEBURG?
A moratorium pursuant to 30-A M.R.S.A. §4356 on the issuance of permits for the establishment of activities which involve the processing or bulk transportation of water through the town of Fryeburg or for any operations under any such permits unless substantial activities have commenced under such permits.
This moratorium is necessary due the recent increase in demand for permits for the pumping and transport of Fryeburg’s groundwater, and for permits to transport water through Fryeburg pumped from other locations. This moratorium is necessary to prevent an overburdening of public facilities that would otherwise occur during the effective period of the moratorium or that is reasonably foreseeable as a result of any proposed or anticipated development, and also because the application of existing comprehensive plans, land use ordinances and other applicable laws are inadequate to prevent serious public harm from commercial or industrial development in the affected geographic area. The Town of Fryeburg is currently revising its bulk water ordinances in order to address concerns regarding the adequacy of municipal regulation of this precious natural resource.
It is to be noted by the voters and all persons concerned that, notwithstanding the provisions of 1 M.R.S.A. §302, this moratorium shall apply to any pending proceedings regarding the issuance of any new permit for bulk water transportation operations for which an application was or has been pending before any officer, board, or agency of the Town of Fryeburg on or any time after January 1, 2005. In addition, this moratorium shall apply retroactively to any such application regardless of whether the Town has issued a permit for such activities, unless the applicant has commenced substantial activities under the issued permit. Substantial activities shall be defined as completion of 50% or more of the construction of the proposed transportation or processing facility. This section applies to all private, public, and municipal water extraction and bulk water transportation operations within the Town of Fryeburg.
This moratorium shall be in force for a period of six (6) months. The Selectmen may extend the moratorium for additional 180 day periods, after notice and hearing, if the Selectmen find that the problem giving rise to the need for the moratorium still exists, and that reasonable progress is being made to alleviate the problem giving rise to the need for the moratorium.

Referendum Question 2.
Shall the Town increase its bond indebtedness by .319% to .701% of the town’s assessed valuation of $376,209,399.00 in order to approve a Capital Improvement Project Consisting of an addition to the existing Fryeburg Rescue building located on Route 302 in an appropriate sum not to exceed $809,900.00 for the cost of this project and fund this appropriation, authorize the Treasurer and Chairman of the Board of Selectmen to issue General Obligation Securities of the Town of Fryeburg, Maine (including temporary Notes in anticipation of the sale thereof) in an aggregate principle amount not to exceed $809,900.00, and hereby delegate to the Treasurer and the Chairman of the Board of Selectmen the discretion to fix the date(s) the
maturity (ies), interest rate(s), call(s) for redemption, place(s) of payment, form, and other details of said securities on behalf of the Town of Fryeburg including execution and delivery of said securities on behalf of the Town, and to provide for the sale thereof?
The Selectmen do not recommend the adoption of this Article (2-1).
The Budget Committee does not recommend adoption of this article.
FINANCIAL STATEMENT
Total Town Indebtedness
Bonds outstanding and unpaid $1,436,500.33
Bonds authorized and unissued $ 0
Bonds to be issued if the Article is adopted $ 809,900.00
Costs
At an estimated maximum annual interest rate of 5% for 20 year maturity, the estimated costs of this bond will be:
Principal: $ 809,900.00
Interest: $ 422,786.00
Total Debt Service: $1,232,686.00
Validity: The validity of the bond and the voters’ ratification of the bond may not be affected by any errors in the above estimates. If the actual amount of the total debt service for the bond issue varies from the estimate, the ratification by the electors is nevertheless conclusive and the validity of the bond issue is not affected by reason of the variance.
Ella Cressy, Town Treasurer

Notes on Financial Statement calculations:
Total bond indebtedness currently: $1,436,500.33 equal to .382% of total town valuation base of $376,209,399.00
Total proposed bond indebtedness - $2,669,186.33 equal to .701% of the total town valuation base of $376,209,399.00
A True Copy: Constable Town Clerk
Selectmen Town of Fryeburg
David Knapp, Chairman , Edward Wilkey, Clifford Hall
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