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Haverhill City Council approves MSBA statement of interest, investment rule and multiple zoning measures; battery storage zoning continued to April 29
Summary
The City Council approved an MSBA statement of interest for Golden Hill Elementary, adopted a prudent-investment rule for trust funds, and passed multiple zoning updates on March 18; the proposed battery energy storage zoning was continued to April 29 for further review.
The Haverhill City Council on March 18 moved a cluster of administrative, finance and zoning items in a series of unanimous votes while continuing the proposed battery energy storage zoning to April 29 for further legal review.
Key outcomes "Votes at a glance":
- Golden Hill Elementary School: The council approved an order authorizing the mayor to submit a Statement of Interest to the Massachusetts School Building Authority for Golden Hill Elementary School, 140 Boardman Street. Mayor Melinda E. Barrett said the building’s roof is more than 30 years old and submission is required to seek MSBA funding (the MSBA may cover approximately 70% of eligible roof costs for Priority 5 projects). Roll call: 11 yeas, 0 nays.
- Prudent Investment Rule (G.L. c.44, §54B adoption): The council accepted legislation allowing city trust funds to be invested under the “prudent investor” rule (expanding allowable instruments under G.L.…
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