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Wayne board delays moving $10,000 into Lab Rec Center reserve pending legal and town meeting action
Summary
The Select Board discussed but did not transfer $10,000 into a proposed nonlapsing reserve account for the Lab Rec Center; board members said authority to move the funds is unclear and recommended waiting for the town meeting article and legal advice.
Select Board members on June 10 reviewed a town meeting warrant article that would establish a nonlapsing reserve account for the Lab Rec Center at the Winthrop Federal Credit Union and debated whether to transfer an additional $10,000 into that account before the town meeting.
Board members said the warrant article, if approved by the town, would establish a reserve account and allow the select board to spend from it for Lab Center operations and capital needs with further town…
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