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Council approves $3.38 million transfer for street resurfacing, tables $2.86 million loan order
Summary
The Waltham City Council approved a $3,378,033 transfer for a $6.24 million street resurfacing financing plan but voted to table the $2,861,967 loan order after debate.
The Waltham City Council approved a $3,378,033 transfer tied to a $6,240,000 financing plan for street resurfacing but tabled the loan order that would have funded part of the plan.
Councilors, acting on the Finance Committee’s recommendation, voted to move the transfer to the council floor and approved it by voice vote. The committee had also presented a loan order for first reading in the amount of $2,861,967 to help fund the plan, but the…
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