In -Person : Council Chambers, Town Hall Annex Building
Remote Participation: Information Noted Below:
Join Zoom Meeting from your Computer, Smart Phone or Tablet:
https://ledyardct.zoom.us/j/89312976497?pwd=wTKbgZ8onBfYpFaSNWaoGVxsnN3ZiL.1
by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 893 1297 6497; Passcode: 296609
CALL TO ORDER
ROLL CALL
RESIDENTS & PROPERTY OWNERS COMMENTS
PRESENTATIONS / INFORMATIONAL ITEMS
APPROVAL OF MINUTES
Finance Director’s Report - Fiscal Year 2025-2026
Financial Reports - Fiscal Year 2025-2026
OLD BUSINESS
Discussion regarding potential uses for the funding received from the National Opioid Settlement Payments.
Discussion scheduling Regular Quarterly Joint Finance Committee Meetings between the Town Council and Board of Education.
Continued discussion regarding upcoming potential Grant Opportunities.
Any Old Business proper to come before the Committee.
NEW BUSINESS
MOTION to authorize the expenditure of $4,645 for the purpose of removing firefighting foam and cleaning the foam system on Gales Ferry Engine 21.
MOTION to appropriate and transfer $157,133 from Account #10188210-59300 (Transferred Funds) to Account #22570101-58250 (BOE CNR Reserve Fund);
In addition, appropriate $157,133 to Account #225670101-58250 (BOE CNR Reserve Fund) ..end.
Public Act #24-45 "An Act Concerning Education Mandate Relief".
**ADD ON**
MOTION to authorize the Mayor to issue a “Letter of Commitment” to Avalonia Land Conservancy, Inc., in response to their request of $98,000 from Account #210-101210-12101-58920 (Open Space Fund) to provide financial support/town share with the acquisition of 173-175 Stoddard’s Wharf Road, 30.30+/- acres of Open Space; to be payable to Avalonia Land Conservancy, Inc, Seller or closing law firm at the time of the closing.
**ADD ON**
MOTION to authorize the Mayor to issue a “Letter of Commitment” to Avalonia Land Conservancy, Inc., in response to their request of $80,000 from Account #210-101210-12101-58920 (Open Space Fund) to provide financial support/town share with the acquisition of 1069 Colonel Ledyard Highway; 20.23 +/- acres of Open Space to be payable to Avalonia Land Conservancy, Inc, Seller or closing law firm at the time of the closing.
Any New Business proper to come before the Committee
ADJOURNMENT
DISCLAIMER: Although we try to be timely and accurate these are not official records of the Town.
MOTION to approve the Finance Committee Regular Meeting Minutes of October 15, 2025
Agenda Item