Monday, January 11, 2016

In the News: contractor chosen for Senior Center project, Franklin's fiscal prospects good

From the Milford Daily News, articles of interest for Franklin

"After a process that drew lower-than-expected bids, a local committee voted Friday to award a contract for a renovation of the Franklin Senior Center. 
The Senior Center Building Committee opted to hire general contractor GTC Construction Management of Haverhill. The company bid just more than $1 million on a project that had been estimated to cost in the neighborhood of $1.6 million. 
Committee chairman and Town Council member Tom Mercer said the project had garnered nine bidders - a higher total than expected. 
Fellow committee members noted that there was not much variance among the bids, which was another surprise."
Franklin Senior Center in the rain
Franklin Senior Center in the rain

Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20160111/franklin-senior-center-contractor-chosen


"The town should be in good financial shape for the next couple of years, but may face challenges in the future, according to a recently-released fiscal forecast. 
Town Administrator Jeffrey Nutting put forward his five-year forecast during the most recent Town Council meeting. During a brief oral summary, he spoke about its basic conclusions. 
"It hasn't changed dramatically from last year," he said. "The town is in good shape in the short run, but there continue to be concerns about the future, as fixed costs continue to rise."

Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20160110/franklin-short-term-fiscal-forecast-positive

You can find the five year fiscal forecast referred to here
http://franklin.ma.us/Pages/FranklinMA_News/022E2532-000F8513

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