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Budget committee flags bond-resolution materials and fee agreement for board review
Summary
The budget and finance committee preview included the treasurer's report, a list of bills, a fee agreement with Stevens Katz and Williams, a tax assessment item, and a bond-resolution (series 2026); the chair encouraged board members to review the bond-resolution to pursue improved interest rates.
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Miss Hoff read the Budget and Finance Committee agenda items: E1 treasurer's report, E2 list of bills, E3 Stevens Katz and Williams fee agreement, E4 tax assessment for 115 North Wicombe Avenue, and E5 a bond resolution series 2026. She urged board members to examine the bond-resolution materials, saying it is a typical swap to obtain better interest rates.
The committee-of-the-whole did not debate or vote on the listed items during this meeting. The transcript records encouragement from the committee chair that members review bond documents prior to the business meeting where any formal action would occur.
Next steps: Board members should review the bond-resolution and fee-agreement documents provided by staff before the upcoming business meeting where formal consideration is expected.

