A Town Meeting to consider a Farmland Preservation Project, followed by a Public Forum to discuss bonding for capital projects, will take place at 7:00pm at the high school.
This meeting will consider the purchase of development rights on a 79+/- acre farm on Taintor Street. After the Town Meeting has been adjourned, a Public Forum to receive resident input toward a potential bonding package for needed capital improvements will begin. The Town has several large capital projects that have been deferred because they cannot be funded through yearly budgets.
The Board of Selectmen is proposing to borrow up to $15 million to complete the following projects:
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- Renovations to Town Hall
- Construction of a new library in the field next to Bridge Street School
- Road and Drainage Upgrades
- Replacement of Aging Fire Trucks.
Each of these items will be presented and the benefits of borrowing to complete these projects will be discussed. This is a particularly good time for borrowing money, as interest rates are at their lowest in generations. After the presentation, the public will then be given the opportunity to comment and ask questions.
Feedback received from the public will help the Boards of Selectmen and Finance determine the best course of action for bringing a bonding package to Town Meeting and ultimately a referendum for sometime in early 2011.
