Board Of Selectmen WebVTT
The primary agenda item involved considering the signing of a $1.1 million bond for the senior center, specifically to cover the design phase, site development, and miscellaneous expenses. This temporary borrowing, issued for one year at a 1.3 percent coupon rate with East Hampton Savings Bank, is intended to finance pre-construction costs before permanent borrowing occurs after construction funding is secured at a town meeting. Additionally, the board reviewed a request for a renewal of an auto repair license from CTM Repair, owned by Nathan Harris, located at 215 West Boylston Street, who plans to service cars, trucks, and motorcycles.