Absentee ballots will be processed at the following times as allowed by Maine Election Law: 7:00 am, 9:00 am, 11:00 am, 1:00 pm, 3:00 pm, 5:00 pm and 7:00 pm.
WARRANT
ANNUAL MUNICIPAL AND REFERENDUM ELECTIONS
Cumberland, ss State of Maine
To Mary Chapman, a resident of the Town of Standish, County of Cumberland State of Maine.
Greetings:
In the name of the State of Maine, you are hereby required to notify the inhabitants of the Town of Standish, in the County of Cumberland, qualified by law to vote in town affairs, to meet at the George E. Jack School Gymnasium in Standish, on TUESDAY, the 8th day of JUNE, A.D. 2004, at 6:00 in the forenoon, to act on the following Articles, Namely:
Art. 1. To choose a warden to preside at said election.
Art. 2. To vote by secret ballot on the following:
To choose all necessary town officers for the ensuing year.
Question 1 To vote by secret ballot on the following:
“Shall a capital expenditure by the Municipal Officers of a sum of money not to exceed $360,000 be approved to purchase the following item:
Rescue Pumper Fire Apparatus $360,000
said funds to be raised through the issuance of general obligation bonds or notes in the amount of $185,000 hereby authorized with the dates, maturities, denominations, interest rates(s) and other details of such borrowing to be determined by the Municipal Officers and the expenditure from unappropriated surplus (fund balance) of $175,000?”
The issuing of bonds by the Town of Standish is one of the ways in which the Town borrows money for certain purposes. The following is a summary of the bonded indebtedness of the Town of Standish as of April 30, 2004.
Bonds now Outstanding and Unpaid ……………………. $2,315,260
Interest to be Repaid on Outstanding Bonds …………… $ 333,125
Total to be Repaid on Bonds Outstanding ……………… $ 2,648,385
Authorized Principal Amount of Bonds
Authorized but not Yet issued ……………………….. $ 0
Total Additional Bonds to be issued if
Approved by Voters ……………………………………….. $ 185,000
Interest to be Repaid on Additional Bonds if Approved $ 35,857
Total to be Repaid on Additional Bonds if Approved. $ 2,869,242
When money is borrowed by issuing bonds, the Town must repay not only the principal amount of the bonds but also interest on the bonds. The amount of interest to be paid will vary depending upon the rate of interest and the years to maturity at the time of issue. The validity of the bonds and of the voters’ ratification of the bonds may not be affected by any errors on the estimates made of the costs involved, including varying interest rates, the estimated cost of interest on the bond amount to be issued and the total cost of principal and interest to be paid at maturity. If the actual amount of the total debt service for the bond issues 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.
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John S. Herald, Town Treasurer
Town Council recommend a YES vote on Question 1.
Budget Committee has not made a recommendation at time of Council Approval of
The Polls open at 6:00 AM and close at 8:00 PM.
The Registrar of Voters will hold office hours while the election is in session to correct any error or change a name or address on the voting list; to accept the registration of any person eligible to vote; and to accept new enrollments.
A person who is not registered to vote may not vote in the election.
Given under our hands this 21th April, A.D. 2004.
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Municipal Officers of Standish, Maine
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