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HomeMy WebLinkAbout2012-ATM-CV-ARTICLE 31-CAPITAL STABILIZATION ACCOUNT OF NORT1l q `At�EO e ti0 p 04Are•W°"yq9 9SSACHUSEt 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(dtownofnorthandover.com This is to certify that the following vote was taken on Article 31 at the Dissolved Annual Town Meeting for the Town of North Andover held June 12, 2012: Article 31. Capital Stabilization Account. Voted to create a special purpose stabilization fund to be known as the Capital Stabilization Fund and to transfer $25,000 from available funds or free cash into the Capital Stabilization Fund. Town Manager Board of Selectmen Recommendation: Favorable Action Finance Committee Recommendation: Unfavorable Action Vote Required: Two-third (2/3) Vote VOTED JUNE 12, 2012 YES 209 NO 81 -APPROVED