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CPC flags overdue project closeouts and rebonding needs for library and townhouse
2450027 · February 28, 2025
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Summary
Committee members raised concerns about outstanding project closeouts and bond reconciliations for multiple town projects, including the library and townhouse, which may require rebonding or accounting actions to free up funds.
At the meeting the Community Preservation Committee identified several projects with outstanding closeout tasks and bond accounting issues that the committee said should be prioritized.
Staff reported the library project has more than $100,000 in bond funds still outstanding and that the townhouse project may need to be rebonded for “200 and something…
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