Preview of June 6 Citizen Financial Referendum Question to Purchase the General Stanton Inn

Charlestown holds a Financial Referendum each year in June to allow voters to approve (or not) the town’s budget and any warrant items proposed by the Town or by citizen petition and placed on the ballot.

Section C-86 (B) of the Town Charter reads as follows, “Those electors who wish to add or eliminate a municipal budget item have until ten (10) calendar days prior to the Budget Public Hearing to present their proposed warrant items for those actions signed by 200 of the town’s voters qualified to vote upon a proposition to impose a tax or for the expenditure of money.”

Citizen petitions are placed on the ballot as long as they are consistent with the Town Charter and state law. Placing on the ballot a warrant item initiated by citizens’ petition need not be approved, nor can it be denied, by the Town Council.

To inform our readers, we reproduce the following citizens’ petition being circulated for a warrant item to be included on the ballot of the June 6, 2016 Town Financial Referendum:

We, the undersigned registered voters of the Town of Charlestown , Rhode Island want the following warrant question to be included in the all day referendum of June 6, 2016.
Shall the Town Treasurer and the President of the Town Council be authorized, pursuant to RIGL 45-12-2, to issue and refund from time to time, bonds, notes or other evidences of indebtedness  in an amount not to exceed $1,750,000.00 (one million seven hundred and fifty thousand dollars) to  finance the acquisition ,maintenance and capital projects of two properties, the General Stanton Inn 4115 Old Post Rd, 6.85 acres, AP13 lot 1, purchase price $1,325,000. (one million three hundred twenty five thousand dollars),: and 2.3 acre lot on Old Post Road , AP 13 lot5, purchase price $163,000. (one hundred sixty three thousand dollars), : and Maintenance/capital fund of $262,000. (two hundred sixty two thousand dollars), or any interest therein alone or in conjunction with Federal agencies, State agencies, land trusts, or preservation organizations or nonprofit organizations ,for the acquisition of said  listed properties, the terms, details and condition of such bonds, notes or other evidence of indebtedness, to be set by resolution of the Town Council or by the Town Treasurer and the President of the Town Council in the absence of such resolution?
Explanation: Acquire the General Stanton Inn and one adjacent property  for preservation and enhancement of our community village center. It is envisioned that a non-profit citizens organization would be created to manage, develop and promote community values, uses and activities in the village. Envisioned activities include historic preservation,education, commerce that serves our community, entreprenurial incubator business  space, seasonal events and activities to guide and promote the continued development of Charlestowns central village, while preserving its character.