[Adopted as Ch. 3, Secs. 1 through 4, of the 1996 By-laws; amended in its entirety 11-17-2014 ATM by Art. 18]
There shall be a Finance and Warrant Committee, appointed by the Moderator as hereinafter provided, which shall consist of one legal voter from each district in the Town and two from the Town at large where there is an odd number of Districts, and three from the Town at large when there is an even number of Districts. No more than two members shall be appointed from any one district. No elective or appointive Town officer or Town employee shall be eligible to serve on said Committee.
[Amended 5-18-2015 ATM by Art. 28]
The terms of the members of the Finance and Warrant Committee shall be for three years, the term of each member expiring at the dissolution of the third Spring Annual Town Meeting after his appointment except a member appointed to fill a vacancy for an unexpired term. As soon as practicable after each Spring Annual Town Meeting the Moderator shall appoint members to succeed the members whose terms have expired. A member may be appointed to succeed himself. Said committee shall choose its own officers and shall serve without pay.
The Finance and Warrant Committee shall cause to be kept a true record of its proceedings. Said committee shall appoint a secretary who shall not be a member thereof nor have a vote therein.
Any member of the Finance and Warrant Committee, other than a member appointed at large, who removes from one district to another, or is so removed by a revision of districts, shall thereupon cease to be a member of said committee. The Moderator shall fill any vacancy which may occur in the membership of said committee, as a result of the death, resignation, removal from the Town, removal from a district, or any other cause, and shall send an attested copy of such appointment to the Town Clerk and to the secretary of said Committee. If any member is absent from five consecutive meetings of said committee, except in the case of illness, the Chairman of the Committee shall give notice thereof to the Town Clerk, and upon the giving of such notice the position shall become vacant, and the Moderator shall appoint another member to complete the unexpired term.