BOND ELECTION WARNING
FOR SPECIAL MEETING
MARCH 4, 2008

WARNING

The legal voters of the Town of Waitsfield, Vermont, are hereby notified and warned to meet at the Waitsfield Elementary School in the Town of Waitsfield on Tuesday, March 4, 2008 between the hours of seven o'clock in the forenoon (7:00 A.M.), at which time the polls will open, and seven o'clock in the afternoon (7:00 P.M.), at which time the polls will close, to vote by Australian ballot upon the following Articles of business:

ARTICLE I

Shall general obligation bonds of the Town of Waitsfield in an amount not to exceed seven million, five hundred ninety thousand dollars ($7,590,000), less any grants or other funding sources, be issued for the purpose of financing the cost of making certain public improvements related to the construction of public drinking water supply source, fire protection, storage, treatment, transmission and distribution improvements, at an estimated cost of seven million, five hundred ninety thousand dollars ($7,590,000)?
YES: 398 (46%)   NO: 442 (51%)   BLANK: 27 (3%)   TOTAL: 867

ARTICLE II

Shall general obligation bonds of the Town of Waitsfield in an amount not to exceed five million, six hundred twenty thousand hundred dollars ($5,620,000), less any grants or other funding sources, be issued for the purpose of financing the cost of making certain public improvements related to the construction of Phase I of the public wastewater collection system, treatment, and discharge improvements with a system capacity at 18,342 gallons per day, at an estimated cost of five million, six hundred twenty thousand hundred dollars ($5,620,000)?
YES: 336 (39%)   NO: 484 (56%)   BLANK: 42 (5%)   SPOILED: 4 (0%)   TOTAL: 866

ARTICLE III

In the event Article II is approved, shall general obligation bonds of the Town of Waitsfield in an amount not to exceed six million, four hundred ninety thousand dollars ($6,490,000), less any grants or other funding sources, be issued for the purpose of financing the cost of Phase 2 of the public wastewater collection system, treatment, and discharge improvements, including a tertiary waste water treatment facility, in order to increase system capacity from 18,342 gallons per day to 91,710 gallons per day at an estimated cost of six million, four hundred ninety thousand dollars ($6,490,000)?
YES: 297 (34%)   NO: 254 (29%)   BLANK: 315 (36%)   TOTAL: 866

The legal voters of the Town of Waitsfield are further notified that voter qualification, registration and absentee voting relative to said special meeting shall be as provided in Chapters 43, 51 and 55 of Title 17, Vermont Statutes Annotated.

The legal voters of the Town of Waitsfield are further notified that an informational meeting will be held on Monday, February 25, 2008 at seven o'clock in the afternoon (7:00 P.M.) at the Waitsfield Elementary School in the Town of Waitsfield, for the purpose of explaining the proposed improvements and the financing thereof.

Adopted and approved at a regular meeting of the Board of Selectmen of the Town of Waitsfield duly called, noticed, and held on January 28, 2008.  Received for record and recorded in the records of the Town of Waitsfield on January 29, 2008.

Dated at Waitsfield, Vermont, this 28th day of January, 2008 by:

Waitsfield Selectboard:
     Elwin A. Neill, Jr., Chairman
     Charles Hosford
     J. LeRoy Hadden, D.V.M.
     Paul Hartshorn