Monday, July 13, 2009

"people shouldn't be critical of spending capital funds on the building"

If approved by Town Council, most of the funding - $400,000 - would come from the sale of the former Four Corners School, another $50,000 would come from the Senior Center building account, and the remainder from new hotel tax revenue.

By law, all funds received by a town from the sale of capital assets, such as Four Corners, can only be used for other capital expenses, not operating expenses, officials said.

Read the full article about Franklin's efforts to renovate the museum in the Milford Daily News here


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