Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Chapter 439 of the acts of 1991 is hereby amended by striking out section 4 and inserting in place thereof the following section:-
Section 4. The district, for the purpose of paying the expenses and liabilities incurred in connection with this act, including the funding of reserves for debt service or other district expenses, but excluding operating and maintenance expenses, may, from time to time, borrow such sums as may be necessary and may issue bonds or notes therefor. The maturities of bonds or notes issued by the district, other than temporary loans, shall be arranged so that for each issue the annual combined payments of principal and interest payable in each year shall be as nearly equal as practicable in the opinion of the district treasurer, or shall be arranged in accordance with a schedule providing for a more rapid amortization of principal. Except as otherwise provided in this act, indebtedness incurred by the district shall be subject to the provisions of chapter forty-four of the General Laws.
SECTION 2. Section 10 of said chapter 439 is hereby amended by inserting after the first paragraph the following six paragraphs:-
The position of moderator of the district, hereafter referred to as moderator, is hereby created for the district.
Nominations of potential members of the board of water commissioners, moderator, clerk or treasurer shall be made by nomination papers stating as to the nominee his residence, with street and number, if any, and signed by not less than fifty district voters. Such nomination papers shall be submitted to the registrar of the town of Oak Bluffs on or before five o'clock post meridian of the fourteenth day preceding the day on which the certified nomination papers are required to be filed with the town clerk of the town of Oak Bluffs, which required filing date shall be twenty days prior to the date on which the election shall be held. Each nomination paper shall be marked with the date and time it was submitted and such papers shall be certified in order of submission. In each case the registrar shall check each name to be certified by them on the nomination paper and shall forthwith certify thereon the number of signatures so checked which are names of voters in the town of Oak Bluffs, and only names so checked shall be deemed to be names of qualified voters for the purposes of nomination. The registrars need not certify a greater number of names than are required to make a nomination, increased by one-fifth thereof. The registrar shall also certify that each such nominee is a registered voter in the town of Oak Bluffs, and no such nominee shall be qualified to be member of the board, moderator, clerk or treasurer of the district unless such certification is obtained.
The final date for obtaining blank nomination papers from the town clerk for nomination to the board, moderator, clerk or treasurer shall be forty-eight weekday hours prior to the hour on which nomination papers are required to be submitted to the registrar of voters for certification. No candidate shall receive more blank nomination papers than will contain the number of signatures required to place his name in nomination, multiplied by five.
Upon certification of the nomination papers as aforesaid, the applicant for such nomination shall submit the certified nomination papers to the town clerk. The town clerk shall cause the names of all such nominees to be listed as nominees for the position of water commissioner, moderator, clerk or treasurer in the warrant for the next town election.
The town clerk shall have the same duties and responsibilities with respect to the nomination and election of the said water commissioners as he shall have with respect to the nomination and election of town officials including but not limited to the nomination process, preparation of ballots, conduct of the election and certification of the vote to the secretary of the commonwealth and the clerk of the district.
The terms of office for moderator, clerk and treasurer of the district shall be for three years.