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Town reports $50,000 Nestler bequest to fund capital projects

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Summary

The board was informed the town received a $50,000 bequest from the estate of Charles Nestler, restricted to town capital projects (not for events or tourism) and to be tracked separately; suggested uses included trees, downtown beautification, library improvements, and signage.

The Board of Finance was notified May 26 that the town received a $50,000 bequest from the estate of Charles Nestler. The transcript records that the bequest is intended for projects not usually covered by the town’s operating budget.

Selectmen suggested potential uses including planting large native trees, downtown beautification work, public library improvements and possible signage upgrades. Meeting minutes state the funds cannot be used for events or tourism-related expenses; the bequest will be tracked separately in town records. No formal expenditure or allocation vote on the bequest was recorded at this meeting.

Board members did not specify a timetable or a committee to manage disbursement during the May 26 meeting; any formal appropriation or spending would require future action.