Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Grants topic
No spam. Unsubscribe anytime.
Select Board approves deposit of fire‑pond grant reimbursement into town accounts
Summary
An association representative asked the board to deposit $9,702.22 of a $14,830.08 grant reimbursement into the general fund and $5,127.86 into the Fire Pond reserve; the board approved the transfer and asked the representative to deliver paperwork.
The Select Board reviewed a grant reimbursement letter concerning a fire pond and voted to move funds back into town accounts. Glenn, representing the association, read the reimbursement breakdown and asked the board to deposit the larger portion into the general fund and the remainder into the Fire Pond reserve.
"So we have the check in the amount of $14,830.08. The we're requesting that you deposit $9,702.22 into the general fund as repayment for the amount used to pay the contractor's fee ... The association requested the remaining $5,127.86 be deposited into the Fire Pond reserve account," Glenn said. The board voted to accept that distribution and directed Treasurer Connie to coordinate receipt of a paper copy of the reimbursement letter and the check.
Board members confirmed the grant would reimburse the town for contractor payments and that some funding had already been fronted from the general fund while project invoices were being paid. With the vote, the town will restore the reserve account and record the reimbursement in its accounting.
