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Nantucket project would house town workers if voters approve debt exclusion
Summary
A proposed Wade Drive development to provide up to 20 bedrooms of year-round housing for essential town employees would be funded only if voters approve a Proposition 2½ debt-exclusion vote at town meeting and Question 4 on the election ballot, town staff said.
A staff member said a proposed housing project on Wade Drive that would create up to 20 bedrooms for essential town employees would be financed only if Nantucket voters approve a Proposition 2½ debt-exclusion vote at town meeting and Question 4 on the election ballot.
The project would include three single-family homes and three duplexes, for a total of up to 20 bedrooms. The staff member said the funding would support design, project oversight, permitting and construction and is intended to provide stable, year-round housing to help recruit and retain essential town workers.
Town staff provided an estimate of the tax impact if voters approve the debt exclusion: an affirmative vote at town meeting and the town election would increase the annual tax bill for an average year-round property valued at $2,058,091 that qualifies for a residential exemption by approximately $29.95, the staff member said.
The staff member cited Annual Town Meeting warrant Article 11 and directed listeners to nantucket-ma.gov/atm2020five for additional information. No final appropriation or vote was recorded in the transcript; the funding remains contingent on the two voter approvals described by staff.
Staff also urged residents to participate in the town meeting and the town election to decide the debt exclusion and Question 4.
