2010 ANNUAL REPORT ENFIELD, NEW ... - Town of Enfield

FIGURE 2
Article 5: This article authorizes the expenditure of $71,500 from the Land
Acquisition Capital Reserve fund, withdrawal of up to $100,000 from the
12/31/2010 unreserved fund balance and $228,500 to be raised by general
taxation for the purchase of the real property at 217 Main Street, [OLD GRAY'S
MARINA SITE], also known as Map 32, Lot 48 of the Town Tax Map. (Figure
3) The property, located on the northeast end of the Shaker Bridge, has 440’ of
frontage on Mascoma Lake. The property would be purchased in order to
provide a site for use as an Enfield community educational and recreational
facility, open to all residents of Enfield. Approval of this purchase is contingent
upon submission of an acceptable financing plan for improvements, maintenance
and ongoing operations of this facility to the Board of Selectmen. The goal is to
have a new lakefront recreational facility that does not impact the Town’s
operating budget now or into the future. Estimated tax impact 42 cents per
$1,000 valuation.
55