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Board accepts $14,830 grant reimbursement split between general fund and FirePond reserve
Summary
An association check of $14,830.08 will be split: $9,702.22 will reimburse the general fund and $5,127.86 will be placed into the FirePond reserve for future hydrant projects, as explained by Glenn during the meeting.
Glenn (S11) explained that an association check of $14,830.08 represented reimbursement for work on a hydrant installation on Deer Valley Road. He requested that $9,702.22 be deposited to the general fund to reimburse prior town expenditures and $5,127.86 be returned to the FirePond reserve for future hydrant projects. Connie (S4) and other board members confirmed prior use of reserve funds and the contractor invoice amount of roughly $13,300.
The board moved and approved the allocation: $9,702.22 to the general fund and $5,127.86 to the FirePond reserve. Glenn said he would deliver a paper copy of the letter and the check to the town for processing.
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