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Bow selectmen propose deferred-payment plan for safety complex
The article, which goes before voters on March 11, would allow the town to begin building a 25,000-square-foot public safety facility to house the fire, emergency management and police departments, and dispatch.
The financing plan was designed by Stack and Finance Director Bob Blanchette, and was presented for consult to Bob Levan, former finance director, and the New Hampshire Municipal Bond Bank. The plan was approved by selectmen at their Feb. 25 meeting.
In 2016-17, the town would pay off $46,265 of its remaining high school sewer project, and $828,143 of the Bow High School project. If voters approve the fire safety building warrant, property owners would see a $1.84 increase per $1,000 assessed property value in 2017-18. The $1.84 increase would include the 2015 BAN, the 2017 bond and the debt service for the Hammond land purchase, the 2008 and 2011 water and sewer projects, and the 2006 Memorial School project.
Bryan Gould, a member of the Concerned Taxpayers of Bow, said Friday he wasn’t aware of the selectmen’s decision to defer the bond. However, he said it may not make a difference to his group’s objections to the $6,796,000 safety building proposal.
The group’s petition asks voters to approve $225,000 to repair the electrical system in the fire station and community center, and provide proper ventilation in the center’s kitchen, a move that Gould said would satisfy the town’s needs in the long term. Members of the Concerned Taxpayers of Bow said other towns have built public safety centers for $3 million to $5 million less than Bow’s proposal.
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