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Board told flood grant match may increase, bringing nearly $11,000 to town
Summary
Town staff told the board the agency re-evaluated the July 2023 flooding match and the town could receive additional match up to 7.8%, which the Chair said 'comes out to almost $11,000.' The board agreed to sign required paperwork.
The Stamford Select Board discussed follow-up correspondence on recovery funds for July 2023 flooding. Chair said the grant administrator is redoing the match calculation and indicated the town may receive an additional match increase up to 7.8 percent.
Chair said the revised match "comes out to almost $11,000," and the board agreed to sign the certificate and other paperwork necessary for the grant match when presented. Board members expressed optimism that the revised calculation will improve the town's reimbursement for flood recovery work.
Why it matters: Additional matching funds can provide extra recovery resources to address damages from the July 2023 flooding and reduce the town's net costs for remediation work.
