In the dimly lit conference room of Acton Town Hall, members of the Select Board gathered to discuss pressing financial matters and legal strategies that could shape the community's future. The atmosphere was charged with a sense of responsibility as officials navigated the complexities of tax titles and interest rates, crucial elements in maintaining the town's fiscal health.
One of the key topics was the decision to secure six-month interest rates, a choice influenced by anticipated fluctuations in the market. The board acknowledged the importance of keeping some funds liquid, ensuring that the town would have access to necessary resources should unexpected financial needs arise. This proactive approach aims to bolster the town's interest income for the upcoming fiscal year.
Tax title issues also took center stage, with a focus on the town's legal representation. The board announced a partnership with KP Law, specifically with attorney Thomas McEnany, who has a long-standing relationship with the town. With only 15 active cases in Land Court, the board expressed optimism about resolving these matters efficiently. They plan to explore alternative methods before resorting to legal action, hoping to encourage payment plans that could help residents catch up on overdue accounts.
A notable discussion point arose regarding the potential for properties acquired through tax titles to contribute to affordable housing solutions in Acton. Board member Jim raised the question of whether any upcoming properties could be suitable for town-managed affordable housing. While the current case involves a single-family home, the board expressed willingness to collaborate with the Action Community Housing Corporation to explore future opportunities.
As the meeting drew to a close, the atmosphere shifted to one of camaraderie and anticipation. The board members welcomed their new legal partner and expressed gratitude for the improvements already underway. With a commitment to transparency and community engagement, the Select Board left the meeting with a renewed sense of purpose, ready to tackle the challenges ahead for the town of Acton.