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Council backs $100,000 Sevens Pond watershed plan — state loan with forgiveness


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Council backs $100,000 Sevens Pond watershed plan — state loan with forgiveness
The Bedford Town Council voted to move Article 5 — a $100,000 authorization to complete a Sevens Pond watershed management plan — to the deliberative session and recorded a unanimous recommendation in favor.

Town Manager Rick Sawyer explained the article would allow the town to accept up to $100,000 from the New Hampshire Clean Water State Revolving Fund to complete a watershed management plan for Sevens Pond; the town expects the loan to include principal forgiveness (described at the meeting as % forgiveness). Officials said the state process requires the warrant and a three‑fifths vote at the ballot, but the expected financing is effectively grant‑like and the project should have no tax impact.

Action and next steps
- The council moved Article 5 to the deliberative session (motion passed 7–0) and the council recommended the article 7–0. If approved by voters, the town will proceed with the watershed plan under the state program and accept the associated loan/forgiveness terms.

Ending
Town staff said the loan principal forgiveness is expected to cover the $100,000 plan cost and any minimal interest obligations could be covered from existing funds.

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