Monday, September 15, 2014

What will we do with the money?

The RFP for the former sewer plant on Pond St is out as well as the proposal to sell 150 Emmons St. With two RFP's on the street to sell town property, it might be time to start the discussion on what are we going to do with the money?

The money from either or both sales would qualify as capital funds and hence would have to be used for similar purposes according to what I recall the discussion on the sale of the Four Corners Building (now Walgreens). The funds can not be used for annual operational expenses.

The renovation and expansion of the Library I think would qualify. The buildout of the second floor of the Senior Center should also qualify.

What else would?

Is there a current plan to use the money or to just set it aside in the bank for future use?

Four Corners Building - June 2009 (just before demolition)
Four Corners Building - June 2009 (just before demolition)

Milford Daily News article on the Pond St RFP

The agenda for Wednesday's Town Council meeting includes the details of the 150 Emmons St RFP

Audio from the Town Council meeting January 19, 2008 on the Four Corners RFP

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