Avon Council refers $3.187 million bond for 200 Fisher Drive to Board of Finance, schedules Dec. 10 Special Town Meeting

On Nov. 7 the Avon Town Council referred a bond resolution to the Board of Finance and voted to schedule a Special Town Meeting on Tuesday, Dec. 10, 2024 at 7:00 p.m. in the Avon High School Auditorium for a hand vote on whether to appropriate $3,187,000 for the acquisition of 200 Fisher Drive and associated renovations. The resolution presented to Council details the appropriation and authorizes issuance of up to $3,187,000 in general obligation bonds, or such amount as necessary after any State or Federal grants are applied, for HVAC, fire suppression, ADA improvements, flooring and interior reconfiguration.

Chairman Dan Polhamus said the meeting is intended to gather public input on the proposal; the Town Manager confirmed the Special Town Meeting will be in-person only for voters who are qualified to vote at Town Meeting and that the proposed vote question will read: “Shall the $3,187,000 appropriation and bond authorization for the acquisition of real property located in the Town of Avon, Connecticut at 200 Fisher Drive and renovation of the facilities thereof be approved?” If approved, the resolution becomes effective upon approval by the Town electors at the Special Town Meeting. The resolution text further authorizes temporary notes in anticipation of bond sale, permits sale by competitive offering or negotiation, and expresses the Town’s official intent to reimburse prior expenditures with tax-exempt bond proceeds where permitted by federal regulations.

Why it matters: approval would commit the Town to acquire and renovate a property for municipal use and to repay borrowing with property-tax-supported general obligation bonds unless covered by grants. The Council’s referral sends the detailed financing plan to the Board of Finance for review and recommendation prior to the Dec. 10 vote.