CALL OF SPECIAL TOWN MEETING
Notice is hereby given that a Special Town Meeting of the electors and citizens
qualified to vote in Town Meetings of the Town of Old Saybrook will be held at
Old Saybrook Town Hall, First Floor Conference Room, on Wednesday,
February 20, 2013 at 6:00 p.m. for the following purposes:
To act upon the recommendation of the Board of Selectmen to adopt the
following Resolution with respect to authorizing the Town to enter into a
Commercial Property Assessed Clean Energy Agreement.
WHEREAS, Section 157 of Public Act No. 12-2 of the June 12, 2012
Special Session of the Connecticut General Assembly (the “Act”) established
a program, known as the Commercial Property Assessed Clean Energy (C-PACE)
program, to facilitate loan financing for clean energy improvements to commercial
properties by utilizing a state or local assessment mechanism to provide
security for repayment of the loans; and
WHEREAS, the Act authorizes the Clean Energy Finance and Investment
Authority (the “Authority”), a public instrumentality and political subdivision
of the State charged with implementing the C-PACE program on behalf of the State,
to enter into a written agreement with participating municipalities pursuant
to which the municipality may agree to assess, collect, remit and assign,
benefit assessments to the Authority in return for energy improvements for
benefited property owners within the municipality and for costs reasonably
incurred by the municipality in performing such duties; and
WHEREAS, the Commercial Property Assessed Clean Energy (“C-PACE”) Agreement
(the “C- PACE Agreement”) between the Town of Old Saybrook and the Authority,
as attached hereto, constitutes the written agreement authorized by the Act.
NOW, THEREFORE, BE IT RESOLVED:
(a) that we, the Town Meeting of the Town of Old Saybrook, constituting the legislative
body of the Town of Old Saybrook, hereby approves the C-PACE Agreement, and
(b) that Carl P. Fortuna, Jr. is hereby authorized and directed, on behalf of the Town
of Old Saybrook, to execute and deliver the C-PACE Agreement, substantially in the form
attached to this Resolution, for the purposes provided therein, together with such other
documentation as he may determine to be necessary and appropriate to evidence, secure
and otherwise complete the C-PACE Agreement.
2. To act upon the recommendation of the Board of Finance to appropriate the
sum of $250,000.00 for the purpose of rehabilitation and safety improvements to the
Ferry Road docking facility owned by the Town of Old Saybrook on Ferry Road on the
Connecticut River. The funds to finance this project will come to the Town of Old
Saybrook as a reimbursement STEAP Grant in said amount to the Town administered
through the State of Connecticut DEEP. The Town has received and accepted a
competitive bid for modifications, repair and improvements for the existing wharf in
the amount of $208,600.00. The remainder of the appropriation will be for payment
for engineering and administrative services associated with this project.
3. To act upon the recommendation of the Board of Selectmen to revise, amend
and delete certain provisions of Sections 2.6, 2.12, and 2.28 of Chapter 128 of the
Old Saybrook Town Code relating to Flood Plain Management. The proposed changes
relate to the definitions of “basement” and “crawl space” as those terms are used in the
Town Flood Plain Management Office. A copy of the proposed changes are on file in
the Old Saybrook Town Clerk’s Office.
Carl P. Fortuna, Jr.
First Selectman
Scott M. Giegerich
Selectman
Steven Gernhardt
Selectman
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