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Bow Town opens and closes public hearing on $305,101 note for Bow Junction interconnect; no vote required
Summary
The Bow Town Board of Selectmen held a public hearing Feb. 17 on a proposed $305,101 note under the New Hampshire Municipal Finance Act to support a warrant article for the Bow Junction interconnect; the hearing closed with no public comment and no board vote was required.
The Bow Town Board of Selectmen opened and closed a public hearing Feb. 17 on a proposed $305,101 note under the New Hampshire Municipal Finance Act (RSA Chapter 33) to support a warrant article for the Bow Junction interconnect.
The hearing was presented by an unnamed board member, who described the funding instrument and said, "My understanding, David, correct me if I'm wrong, the expectation is if we do proceed with that project and we do take out this, loan, it is forgivable in its entirety." There were no members of the public who spoke during the hearing, and no board vote was required on the item.
The discussion preceded other business on the agenda. Because no formal motion or vote was taken on the note at the meeting, the board did not record an outcome related to the $305,101 proposal on the meeting minutes beyond opening and closing the hearing. Any warrant article tied to the note would proceed through the town's warrant process.
