The Suffield Board of Selectmen discussed a variety of options for previously approved bonding projects at its meeting Wednesday at the .
With only three members, First Selectman Ed McAnaney, Eileen Moncrief and Brian Fitzgerald, in attendance, the board had just enough members to officially hold a meeting. The evening's agenda was almost entirely geared towards discussing how to implement the two capital projects approved for bonding by Suffield voters in April.
With town Treasurer Christine Davidson, Suffield Board of Finance member Brian Kost, town financial advisor Dick Thivierge and others in attendance, a group discussion was held on how to best pay for the new fire trucks and road improvements approved by voters.
The major possibilities discussed were going through with bonding as previously planed, shortening the length of the bonds to 10 or 15 years, using Suffield's undesignated fund balance instead of bonds and a combination of bonds and fund balance money to pay for the projects.
The discussion was informational in purpose and no final decision was reached Wednesday. McAnaney plans to have another discussion and, importantly, a binding vote on how to pay for the projects at the Suffield Board of Finance meeting on Monday, March 19.
Look for a story about that Board of Finance meeting and more details about what the final decision means for Suffield residents Tuesday on Suffield Patch.
