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Town of Groton AgendaPacket 2026 Spring Town Meeting 2026-05-02

3M Settlement Funds Applied to Water Enterprise

$33,000Town of Groton3MMay 2, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Groton will apply $33,000 from the 3M settlement receipts to help fund the FY 2027 Water Enterprise operating budget. The funds supplement water rates, enterprise free cash, and a general fund contribution.

Contract Details

Contract Amount

$33,000

Vendor

3M

Agency

Town of Groton, MA

Contract Type

FINANCIAL_SERVICES

Document Date

May 2, 2026

Contract Term

Fiscal Year 2027 allocation in Water Enterprise Budget

Renewal Date

2027-06-30

Renewal Info

Annual budgeted use of settlement receipts; future use subject to subsequent Town Meeting appropriations.

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