Selectboard authorizes borrowing to restore 30 historic Town Hall windows, citing secured grants
The Selectboard authorized borrowing approximately $92,980 to restore 30 historic Putney Town Hall windows, with a $23,245 deposit from the Capital Reserve Fund; the Town expects two grants (totaling $120,000) to repay the loan.
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The board considered a proposal to retain Pinnacle Window & Door LLC of Marlborough, N.H., to restore thirty historic windows at Putney Town Hall at an estimated cost of $92,980. Town Manager Karen Astley explained that the Town holds a $100,000 grant and an additional $20,000 grant that together are intended to repay the loan. The Town Manager requested authorization to expend $23,245 from the Capital Reserve Fund as a deposit for the project.
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