Selectmen outline bond process for Fountain Bridge project, request engineering cost estimates
Board reviewed engineering timeline and financing steps for a proposed bond to address the Fountain Bridge, including options (replacement, box culvert, footing repairs) and engaging a bond attorney to certify compliance before seeking voter approval.
The full story
Selectmen reviewed next steps for the Fountain Bridge project and the town's planned bond vote. The chair summarized the financing sequence: the town will receive engineering cost options, present a bond article at town meeting if the public supports it, then apply to the bond bank. "If the town says, yes, we want to authorize a bond, we then apply to the bond bank for the bond," the chair said.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in