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Menands trustees approve transfers and fire-equipment purchases, authorize Simmons Lane bid and OK shared-services MOU
Summary
Trustees approved routine minutes and warrants, authorized a transfer from sewer savings to general checking (motion referenced $12,000 to be repaid by 5/31/27 with interest), approved fire-equipment purchases while tabling a truck purchase, authorized going out to bid for Simmons Lane mill-and-binder work, and authorized the mayor to sign a shared-services MOU for DPW equipment with a neighboring city.
At their regular meeting, Menands trustees approved routine minutes and warrants and acted on a package of fiscal and capital items.
Finance and transfers: The treasurer presented a cash-flow plan that included using internal savings to avoid short-term commercial borrowing. Trustees discussed a larger interim loan concept (the treasurer referenced a $200,000 figure in the explanation) but the motion moved at the meeting authorized the treasurer to transfer $12,000 from the sewer savings account to the general checking account, to be returned with interest by May 31, 2027; one…
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