Town of Ledyard Town Council Agenda August 6 2025
Town Approves Emergency Funding for School Chiller Project
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Description
The Town Council appropriated up to $400,000 for emergency chiller replacement at Gales Ferry School by Tradesmen of New England, using short-term funds from the Capital Non-Recurring Account, with reimbursement planned after bond issuance. Bond counsel provided regulatory guidance for this financial process.
Contract Details
Contract Amount
up to $400,000
Vendor
TRADESMEN OF NEW ENGLAND
Agency
Ledyard Fire Company, District NO 1, Inc., CT
Contract Type
CONSTRUCTION
Document Date
August 6, 2025
Renewal Info
Interim financing via capital reserve, to be reimbursed with bond proceeds upon completion of bonding process; coordinated with bond counsel for compliance.
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