There has been some confusion in the press about the meaning of the upcoming Town election on December 7, to vote on the exclusion of any debt used to purchase the Homeport. In order to make it perfectly clear, this correction is being posted on the Homeport Hotline website:
1. This election is required by the state because the process has already begun and some voters have voted as absentees.
2. A yes vote means that if the Homeport property is purchased by the town (for the 3.9 million price or less) in the future, any debt that has then been approved by a two thirds vote to make the purchase will be excluded from the operation of proposition 2.5.
3. A no vote means that any future debt approved by a two thirds vote to purchase the Homeport property (for the 3.9 million price or less) would not be excluded from the operation of proposition 2.5 unless a new election is held and the question passes.
Whether the election on December 7 approves the debt exclusion at this time or not, the Homeport property cannot be purchased without a new two thirds vote at a Town Meeting to acquire it and borrow the money.