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Board tables bond-sale resolution, approves $181,291.41 capital closeout and routine items

Board of Finance · March 10, 2026
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Summary

The Board of Finance tabled a proposed bond/bond anticipation note sale pending revised resolution wording, approved closeout of capital accounts totaling $181,291.41, skipped the February financial report, approved minutes and adjourned the meeting.

The Darien Board of Finance on March 10 tabled consideration of a bond/bond anticipation note sale pending updated resolution wording and approved the closeout of capital accounts totaling $181,291.41.

Finance Director Joshua Kaufman and financial advisor Mark Chapman presented the proposed bond sale; Committee member Jenny Schwartz moved to table the item pending updated resolution wording and Committee member Dan Bumgardner seconded; the motion passed on a unanimous recorded vote. Later in the meeting Mr. Kaufman presented a request to close out capital accounts (RFCNRE). The board approved the closeout as presented; the motion was made by Committee member Jenny Schwartz and seconded by Committee member Paul Hendrickson, and the vote was unanimous.

Agenda item 7, the financial report through February 28, 2026, was skipped. The board approved the minutes of the February 10, 2026 regular meeting and adjourned at 10:24 p.m.