Article 26 – To see if the Town will vote to establish a Community Power Capital Reserve Fund under the provisions of RSA 35:1 to support repairs and purchases associated with planning, construction and or maintenance of energy conservation facilities and appropriate the sum of $2,000 to be placed in the capital reserve account with said funds to come from general taxation, and to name the Select Board as agents to expend from said fund. The Select Board Recommends Approval by a 3-0 vote. (Majority Vote Required) (Amount no included in Article 27)
Voting "yes" will enable our Community Electric Power Program to establish a reserve fund. This fund will be used to save money for future energy projects, helping the Town of Waterville Valley reduce costs through local electricity production. The selectboard will oversee the $2,000 request to support the communication of a potential launch of our community electric power program.