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Town Hall renovation plan targets MERP funds; reserve fund shortfall noted
Summary
The Town Hall Renovation Committee aims to start work by July using remaining MERP and Town Office funds; the minutes note the building reserve fund is negative for the year and the committee proposes a $200,000 budget request with about $150,000 expected to be earmarked for the renovation.
Liam Elio, representing the Town Hall Renovation Committee, told the Selectboard that bids have been received for basement work and RFPs issued for walls, attic, and window restoration using remaining MERP funds and any leftover Town Office project funds. The committee hopes to begin work when the fiscal year begins July 1 and complete most projects by the end of the calendar year.
Elio said the building reserve fund is currently negative for the year. While the typical annual request is $100,000, the committee is proposing a $200,000 request for the upcoming fiscal year and indicated an estimated $150,000 of the reserve could be counted toward the renovation.
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