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Selectboard approves $260,000 loan to reimburse Western Star truck purchase
Summary
The Montgomery Selectboard voted 5-0 to execute a $260,000 loan to reimburse internal funds spent on the Western Star truck, citing a Town Meeting 2025 borrowing authorization of up to $300,000.
The Montgomery Selectboard on April 20 authorized execution of loan paperwork to reimburse $260,000 spent from internal funds on a Western Star truck. The board noted Town Meeting 2025 had approved borrowing capacity up to $300,000, and members said completing the loan paperwork finalizes financing for the vehicle.
Selectboard member Mark Brouillette moved to authorize the loan documents; the motion was seconded by Chris Dixson-Boles and passed unanimously, 5-0. The board treated the loan as reimbursement to the town's capital accounts for prior outlays on the truck rather than new incremental spending. No additional conditions were recorded in the meeting minutes.
