HomeMy WebLinkAbout1998 ATM-CV-AUTHORIZATION TO OPERATE OSGOOD HILL CONFERENCE CENTER OF NORTH qti
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TOWN OF NORTH ANDOVER
OFFICE OF THE TOWN CLERK
120 MAIN STREET
NORTH ANDOVER, MASSACHUSETTS 01845
Joyce A.Bradshaw,CMMC Telephone(978)688-9501
Town Clerk Fax (978)688-9557
E-mail Bradshaw C&townofnorthandover.com
This is to certify that the following vote on Article 13 was taken at the Adjourned
Annual Town Meeting for the Town of North Andover held May 11, 1998:
Article 13. AUTHORIZATION TO OPERATE OSGOOD HILL CONFERENCE
CENTER. UNANIMOUSLY VOTED to authorize the use of a revolving fund for fiscal
year 1999, as established under Article 7 of the October 24, 1994, Special Town Meeting
for the purposes of operating the Osgood Hill Conference Center, pursuant to
Massachusetts General Laws, Chapter 44, Section 53E 1/2; and further all receipts relating
to the operation of the Conference Center including, but not limited to seminars,
conferences, and functions, will be credited to the revolving fund; and that no expenditure
be made from the revolving fund without the authorization of the Town Manager, and that
the total expenditures charged to the revolving fund will not exceed $294,600 to include all
directly related operating expenses, including salaries, goods and services, capital
improvements, and other expenses in fiscal year 1999; and further for the period 1/97 to
12/97 the total amount of receipts collected was $295,937.13 and the total amount
expended was $217,932.72, with a resulting fund balance in the revolving account of
$98,686.96.