GREENE – Town Manager Charlie Noonan told selectmen Monday night that the Julian Adams Memorial Library expansion fund of $124,136 has been placed in a bank account that will roll interest back into the fund.
Previously, the interest was put into the town’s surplus account, but residents at the annual town meeting on March 4 voted to have the town reimburse the fund up to $12,000 for interest accrued in the past five years.
Noonan said he asked the bank holding the money to determine the average interest for the past five years.
“I have asked them to go back and get an average for the last five years. They are going to have to be the ones to do this task, seeing they have the files, not us,” he said.
Selectmen announced openings on the Capitol Improvement Committee, Greene Economic Community Development, Land Use Ordinance and the Planning Board.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.