Board approves $4.8 million trail project
At a glance
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The Board of Finance approved a $4.8 million appropriation for the Windham Air Line Trail Bridge and Resurfacing Project and accepted a corresponding grant, with one member opposed.
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What this means
The project can move forward using the approved appropriation and grant. The board noted that the town’s potential exposure would be a single payment if the grant were not provided. The board also unanimously forwarded its existing Bonding Debt Management Policy to the Town Council and plans to discuss a realistic debt-reduction schedule later.
Key decisions
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- Approved a $4,800,000 appropriation for the Windham Air Line Trail Bridge and Resurfacing Project and authorized acceptance of the corresponding grant.
- The trail project appropriation passed with one opposing vote.
- Unanimously forwarded the Bonding Debt Management Policy, as written, to the Town Council.
- Set budget-cycle dates including town budget presentation on March 18, Board of Education budget presentation on March 25, budget discussion and possible action on April 8, and a public budget hearing on May 5.
- Supported exploring a third-party evaluation of high school equipment to develop a maintenance schedule and cost estimates; further discussion was deferred.
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