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Selectboard authorizes $1.5 million bond question for dam repair, skate park completion and town highways
Summary
The board approved placing a $1.5 million bond question on the Town Warning to reimburse past dam expenses, finish a skate park and construct town highways (Durkee & Central); approval was unanimous.
The Windsor Selectboard voted to place a ballot question on the Town Warning authorizing up to $1,500,000 in general obligation bonds or notes, subject to grant offsets and reserve funds, for three purposes: reimbursement for 2012 dam expenses, completion of the skate park, and construction of town highways on Durkee and Central. T. Marsh described the intention to reimburse the town for the 2012 dam expense and fund completion of recreation and highway projects; J. Johnson moved to place the question and E. Caffrey seconded.
The board approved placement of the question by unanimous roll-call vote. The agenda lists the estimated project cost as $1,500,000 and notes the authorization is subject to the application of federal and state grants-in-aid and reserve funds. Any actual issuance of debt would follow voter approval and subsequent financial steps.
