Budget Amendment ID: FY2018-S3-35-R1

Redraft OTH 35

Cape & Islands Water Protection

Mr. Cyr moved that the proposed new text be amended in SECTION 35, by inserting in line 489, after the words "of each such occupancy." the following:-

“provided, however, that municipalities within Barnstable, Dukes, or Nantucket County are authorized by a vote of Town Meeting or Town Council to impose a water infrastructure financing fee at a rate of 2.75 percent of the total amount of rent for each such occupancy; provided further the fees shall be deposited into the Cape Cod Water Protection Fund and shall be used to defray the costs associated with any project intended to improve or protect water quality;”

And further, to amend the bill in SECTION 35, by inserting in line 497, after the words "such city or town." the following:-

“or the Cape Cod Water Protection Fund, as applicable pursuant to this section.”