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Finance committee forwards resolution to clarify repayment, accounting for Gardner City’s ‘salt shed’ funds
Summary
The Gardner City Finance Committee voted to recommend a resolution to the full council that would clarify how a prior stabilization-account withdrawal tied to the city’s salt-shed project is to be repaid and accounted for; members pressed for solicitor review on specific purchases and agreed to clearer reporting on free-cash contributions.
The Gardner City Finance Committee voted to recommend a resolution to the full City Council designed to spell out how a past withdrawal from the city’s stabilization account for a salt-shed project should be repaid and tracked.
Mayor presented the packet and said a letter from Director Arnold showed the salt-shed project is about 95% complete and that the project account still holds roughly $84,000. Councilors pressed for clarity after learning two chassis purchases totaling about $19,000 may have been paid from the project account; one…
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