Politics & Government
Selectmen Apply Temple Funds To Police Station
The property is being demolished this week.
Selectmen voted 4-1 last week to apply leftover funds from the sale of the former Temple Israel property to help defray bonding on the new Swampscott Police Station.
The town received $1,850,000 for the temple property from Atlantic Crossing LLC.
The town will use the proceeds to pay off what it owes on the bond it acquired for the original purchase of the temple property.
That amount is just under a $1 million, leaving about $900,000 to be put toward the $3.35 million bond for constructing the new police station.
The police station was approved by 27 votes in 2011.
Former Selectman Rich Malagrifa reminded current selectmen last week that many of them had previuosly committed to applying funds from the temple sale to help defray the cost of the police station.
Meanwhile, the temple building is in the midst of demolition.
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