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Selectmen refer $91,660 DEEP trails grant match to Board of Finance, plan town meeting

Old Saybrook Board of Selectmen · July 29, 2026
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Summary

The board learned a $366,000 DEEP reimbursable grant for Seabrook Point lacked a local match; Chair said the match amount is $91,660 and moved to send the item to the Board of Finance and to call a town meeting for final approval.

Selectmen discussed a 2024 DEEP reimbursable grant for Seabrook Point that appears in the town’s chart of accounts as $366,000 but lacked an associated local match. Chair identified the match as $91,660 and moved to place the funding authorization on the Board of Finance agenda, saying he would call a town meeting to finalize approval.

Chair explained the grant is reimbursable and that the match must be allocated from the town’s capital noncurrent fund (account 3350). A committee member confirmed the referral and there was no substantive debate; the motion passed by voice vote and the Chair said staff will rectify the accounting and schedule the town meeting for final action.