Section 1: Chapter 6, §7-1 of the Charter of the Town of Provincetown is hereby amended by deleting the current text which reads: “There shall be a finance committee as provided by G.L. c. 39 s 16, consisting of nine regular members and two alternate members appointed by the moderator for three year overlapping terms so arranged that the terms of at least three regular members shall expire each year,” and replacing it with the following:

“There shall be a finance committee as provided by G.L. c. 39 s 16, consisting of seven regular members and two alternate members appointed by the moderator for three year overlapping terms so arranged that the terms of at least three members shall expire each year, provided that no more than one alternate member’s term expires in any given year.”

Transitional provisions:

1.The effective date of this change to the charter will be the last day of April following final passage and approval of the act.

2.As the terms of members expire over the next three years following the effective date of the act, the Moderator will adjust the terms so that the terms of three members including the alternate members will expire each year, with no more than one alternate member’s term expiring in any given year.

or to take any other action relative thereto.