ROXBURY — Voters at the annual town meeting Monday night agreed to take out a $1 million bond to pay for road work in the next three years.

They agreed to appropriate $200,000 to get the project started this year by grinding, paving and ditching several of the main streets in town, plus the Horseshoe Valley Road. The next article asked them whether they wanted to shrink the original seven-year road plan to just three years by taking out a bond. Most agreed.

Selectman Tim Derouche said he believed that using the bond to complete the roadwork in three years would be best. The bond would likely be paid off in fewer than seven years, he said,

“This is a great time to do it with the wind farm and the low interest rate,” he said.

Interest costs were estimated at between 3 percent and 3.7 percent by tax collector/treasurer, Renee Hodsdon.

The bond would also be paid off before school taxes rise because of the added valuation to the town as a result of the new Record Hill LLC wind project, he said.

With the new multimillion wind project, municipal taxes are expected to drop by about half, from nearly $17 per $1,000 valuation to just over $7 per $1,000 valuation.

Residents also agreed to appropriate $21,500 so that properties may undergo a complete revaluation.

John Sutton, chairman of the Board of Selectmen, said properties are currently valued at 77 percent, which means eligible residents receive only 77 percent of homestead and veterans’ exemptions. Townspeople had previously raised $29,600 for the revaluation.

Voters also agreed that the 20-year-old Comprehensive Plan needs rewriting. They approved appropriating $5,000 toward the project, bringing the total to $20,000.

Selectmen are now looking for several residents to volunteer to serve on the committee that will be charged with rewriting the document.

Town clerk/administrative assistant Nina Hodgkins and Selectman Michael Worthley were re-elected to three-year terms.