Shall the Town of Hampton vote to raise and appropriate the sum of $650,000 for improvements to streets consisting of paving overlays, adjustments to structures to permit paving, repairs and replacements to drainage, crack sealing, curbing installation and improvements to the following streets: Ann’s Lane, Merrill Industrial Drive, and Drakeside Road, including the paving and roadway reconstruction required with the removal of the railroad trestle abutments, and if any money is leftover, to improve the next street on the DPW list. Said appropriation to be offset by the State Highway Block Grant estimated to be $307,854. This shall be a non-lapsing appropriation per RSA 32:7, VI and shall not lapse until the projects are completed or by March 31, 2018, whichever occurs sooner? (Majority vote required)
Fiscal Impact Note (Finance Dept.) NOTE: Block Grant was $311,810 in 2016
What it means: This Article will allow DPW to do work on pavement overlays, crack sealing, minor utility improvements and minor curbing repairs. The Town will raise the funds to do the specified work, and a State Highway Block Grant is anticipated to offset 47% of the expenses.
Those in favor say: There is a CIP list to establish priorities. Work that is stated will be done, and not used for anything else. This is scheduled maintenance and exactly what the town should be doing.
Those against say: No one spoke in opposition at the Deliberative Session.
Fiscal Impact: The average Hampton home valued at $404,000 would bear an increased tax cost of $35.57 if this Article passes. The tax impact is for one year only, and may well be lower due to the anticipated grant funding.