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A 2-2 vote failed to approve a support letter for the Carriage Grove mixed-income housing project. The Board also backed budget steps to restore health-insurance savings to stabilization and limit free-cash use in the operating budget to 50%.
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The Board did not endorse the Carriage Grove funding application because the support-letter motion ended in a tie. Members advanced Pepper Ridge Road toward possible town-road status and chose not to exercise the town’s right of first refusal on a 3.7-acre Cold Spring Street property. Preliminary Tadgell feasibility estimates put redevelopment at roughly $26 million to $26.5 million, while retaining the buildings as housing could require $254,000 to $315,000 annually from the operating budget.
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