Select Board · Jun 8
The board reviewed road paving bids and facility assessments that will impact local infrastructure and town maintenance spending.
- Floodplain Risk: FEMA changes require an ordinance update by Nov 13 to prevent residents from losing flood insurance. Because it's a zoning matter, it usually requires a Town Meeting, but the Board is currently searching for 'workarounds' to avoid that cost/process.
- Cash Flow: The town currently owes a massive $700,000 lump sum to SAU 65 in July. The Board has authorized a dialogue to negotiate a more even payment schedule, which would better manage the town's cash flow and interest earnings.
- Infrastructure: After noting wear on roads/culverts, the Board tabled all 'intents to cut' (logging) until they can develop a plan for logging bonds. This aims to ensure companies pay for potential damage they cause to town infrastructure.