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Advisory committee reiterates concerns about Our Island Home financing; no formal change in position
Summary
Committee members restated opposition to the proposed Our Island Home project funding (Article 13) and discussed cost, financing and comparisons to a Martha's Vineyard project; the committee did not change its prior position and left a speaking decision to its Town Meeting representative.
Nantucket — Members of the Advisory Committee of Nonvoting Taxpayers of Nantucket spent substantial time May 1 discussing Article 13 (Our Island Home), reiterating prior opposition to the current funding proposal and voicing concern about rising cost estimates.
Committee members noted that the Finance Committee declined to approve a technical amendment that would raise the warrant amount to roughly $130,000,000, and that the capital committee had not recommended the increase. Members said those developments reinforce the committee’s earlier concerns about project affordability for…
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