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Finance Committee Report – 8/1/2022

The Committee voted to approve the following (see Report and video on NewTV):

  • Request to appropriate and expend $19,500,000 and authorize a general obligation borrowing of an equal amount for the Newton Center for Active Living (NewCAL) and authorization to apply any premium received upon the sale of the bonds or notes, less the cost of preparing, issuing, and marketing them, and any accrued interest received upon the delivery of the bonds or notes to the costs of the project and to reduce the amount authorized to be borrowed for the project by a like amount.
  • Request to accept a recommendation from the Community Preservation Committee to appropriate $133,002 in Community Preservation Act funding from the Unrestricted Prior Year Funds to the control of the Planning and Development Department for the completion of the 100% design of the Commonwealth Carriageway Redesign Project in Auburndale.
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