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Council authorizes up to $2.85 million in bonds to fund trucks, dispatch upgrades, lights and fiber

East Greenwich Town Council · September 30, 2024
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Summary

Finance director outlined a $2.85 million bond authorization to cover a ladder truck deposit, a vehicle leasing program, dispatch center upgrades, field lighting and a fiber‑optic network ring; council approved the resolution unanimously (3–0).

The Town Council adopted a resolution authorizing the issuance of general obligation bonds and notes not to exceed $2,850,000 to fund facility, vehicle and equipment projects.

Finance Director Trish described the projects the bond would fund: a previously approved ladder truck (the town will delay issuing a portion until possession), $750,000 as a deposit toward a previously approved 19‑vehicle leasing program, $500,000 allocated for police and fire dispatch center upgrades (the transcript notes an additional $500,000 in ARPA funds has been set aside for related work), $400,000 for Eldridge Field and court lighting, and $200,000 for a fiber‑optic network ring to improve redundancy and bandwidth.

Trish said if a preliminary appropriation from Senator Reid’s office (near $1 million, as referenced) is approved, the council could reallocate a portion of the bond funds to other projects. Council moved and approved the resolution; the motion carried 3 to 0.

The resolution authorizes the town to finance acquisition, improvement, renovation and repair of facilities, vehicles and equipment for fire, public works and parks departments and related expenses.

The council approved the motion without further amendment during the meeting.