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302 Main Street Old Saybrook, Connecticut 06475-1741
BOARD OF FINANCE AGENDA REGULAR MEETING APRIL 21, 2015 7:00 P.M. OLD SAYBROOK TOWN HALL FIRST FLOOR |
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- CALL TO ORDER
- PLEDGE OF ALLEGIANCE
- ROLL CALL
IV. MINUTES 03-17-15; 03-24-2015; 3-31-2015; 4-14-2015 – MOTION REQUESTED
- PUBLIC COMMENT
- TREASURER REPORT
- SELECTMAN REPORT - MOTION REQUESTED~
TO ACT UPON THE RECOMMENDATION OF THE BOARD OF SELECTMEN AND BOARD OF FINANCE FOR ADDITIONAL AUTHORIZATION OF $78,372.71 FOR COSTS ASSOCIATED WITH THE PURCHASE OF PROPERTY KNOWN AS THE PRESERVE. SAID FUNDS REFLECT THE COST OF BOND ISSUANCE AS WELL AS CLOSING COSTS. ~NET COSTS NEEDED FOR THIS AUTHORIZATION AFTER THE REDUCTION OF BOND PREMIUM ARE $68,616.71. THE TOWN PROPOSES TO PAY FOR SAID SUM WITH A TAX REFUND ADJUSTMENT TO THE SELLER FOR THE PERIOD OF APRIL 1, 2015 TO JUNE 30, 2015 ($9,756), A TRANSFER FROM EXISTING OFF BUDGET FUND #369-1005-00 ($46,107.03) AND A TRANSFER FROM EXISTING OFF BUDGET FUND #368-1005 ($12,753.68).
VIII. COMMENTS FROM THE CHAIR
IX. ADJOURNMENT
Attest: David LaMay, Chairman
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