May 20, 2026BoardMeeting
BoardCcif Committee Committee Meeting
The committee reviewed the current status of the CCIF funds, noting value recovery for both the Town of Cabot UDAG Fund and the Scholarship Fund. The committee discussed and approved a motion to provide an interest-free loan of $125,000 to the town for the purchase of new radios for the Fire Department, pending voter approval. Additionally, the committee discussed a potential grant request for the Cabot United Church and raised questions regarding the credit rating of bonds held within the investment portfolio.