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The Town Council unanimously authorized issuing and selling general obligation refunding bonds, with town staff estimating savings of up to $35,000 per year and $350,000 over 10 years.
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The authorization allows Enfield to refinance certain existing bonds if financial conditions support it. The Town Manager and Finance Director will determine the bond details and which debt will be refunded. The Council also approved a real estate services agreement, referred the proposed transfer of 17 Burnham Street for planning review, and tabled the Senior Volunteer Tax Credit Program for Fiscal Year 2028.
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