Politics & Government

You Asked: What Must Temple Sale Proceeds Go Toward?

Selectmen are scheduled to discuss this very question tonight when they meet at Town Hall at 7.



Here is a question — and a comment — we received from a reader:

What is the legal and official use supposed to be for the net funds received by the town from the temple property sale? Some claim the funds must be used in full to pay down the police station debt. Others say it's free to use - maybe some for the artificial turf proposal or for drainage.

We posed the question to Town Administrator Tom Younger:

The net funds for total sale of the property is $1,850,000, he said.

The town will pay off what it owes on the bond it acquired for the original purchase of the temple property.

The town administrator did not have that figure readily available but said there will be money left over, after the bond is paid off.

The town can spend the remaining money on a capital project such as the police station, drainage or fields, he said.

Selectmen are scheduled to vote tonight, Wednesday, on how to use the excess temple property funds, according to the Selectmen's agenda.



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