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Board reviews plan to fund a van with TMS lawsuit proceeds; town meeting next step
Summary
Board members heard that the Board of Selectmen approved using TMS lawsuit proceeds to purchase a bus/van; the item will go to the Board of Finance and then to a town meeting for final voter approval before funds can be accessed.
Board members received an update on a proposed vehicle purchase funded with proceeds from the TMS lawsuit.
A staff speaker said the Board of Selectmen approved using the lawsuit proceeds and that the next step is review by the Board of Finance; if the Board of Finance approves the recommendation it will return to the selectmen to set a date for a town meeting. If voters at town meeting approve, the district would access the line from a capital non‑recurring (CNR) account.
A staff speaker described the likely sequence of meetings: the Board of Finance will consider the request, the selectmen will pick a town‑meeting date, legal notices will be posted in the required window, and then voters will decide. The board noted the community’s current sensitivity around the budget and said the district should monitor public sentiment leading to the town meeting vote.
Why it matters: Using non‑recurring lawsuit proceeds would allow the district to replace or add transportation equipment without tapping ongoing operational funds, but the purchase requires multiple municipal approvals and a town‑meeting vote.
What’s next: The Board of Finance will review the proposal at its next meeting; staff said they will track timing and advise the board when the item is scheduled for town meeting.
