January 20 2026 Council

Old Town Finance Committee · January 20, 2026

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Opening and approval of minutes

Presentation

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Chair called the January 20 Finance Committee meeting to order and the committee approved the prior meeting minutes after a brief exchange about edits; a second was recorded and the committee voted to approve the minutes.

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Actions:approve minutes

The Old Town Finance Committee met Jan. 20 to review midyear financials, including a proposed $17,000 write-off for the Old Town Rec Center receivable and conversion of the Global Secure loan to 10-year permanent financing; members also raised concerns about large county tax increases and discussed an RFP and draft lease for the Herbert Sergeant building.

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