Amendment #1 to H3899

Floor Amendment

Mr. Speliotis of Danvers moves to amend the bill , in section 1, in line 3, by striking out the words “50% percent” and inserting in place thereof the words: “A portion”;  and

by striking out section 2 and inserting in place thereof the following section:

“SECTION 2. Fifty per cent of revenue collected from the boat storage fees in the town of Dennis shall be deposited into the Waterways Capital Improvement Fund; provided, however, that if authorized by by-law, the the board of selectmen of the town of Dennis may decrease the percentage of  revenue collected from the boat storage fees deposited into the fund.”; and

in section 3, by adding the following sentence:-  “An annual report, which shall include projects undertaken, expenditures made and income received by the fund, shall be submitted to the board of selectmen of the town of Dennis not later than December 31 and the board of selectmen shall vote to accept the report.”