By K.B. Sherman, Contributing Writer
Shrewsbury – On July 26, Carolyn Marcotte, Shrewsbury town collector and treasurer, reviewed for the selectmen permanent and temporary financing for the new library and for school heating system upgrades. She reported that the town had obtained a most favorable average interest rate of just 2.34 percent on the loans. The library has obtained permanent financing and there had been five bidders for both the library and schools.
Town Manager Daniel Morgado noted that the actual cost to taxpayers will be far less than what had been voted on at Town Meeting. A high cost estimate was $105 per taxpayer per year, but that will come in at just $42 per taxpayer per year. Further, he said, the state has given an advanced payment to the town. The total cost will stay at between $20 and $21 million.
Selectman John Lebeaux moved the printed motion and it was unanimously accepted.
Morgado commented upon the townâs latest water restrictions. From an average daily use of five million gallons, he said that July 25âs had been just 4.1 million gallons.
In other business, the board acted to sign the warrant for the November election. They also agreed to issue a one-day wine and beer license and a common victualler license to St. Maryâs Parish, 20 Summer St., for its annual festival on Friday, Sept. 16. Finally, they authorized annual dues payment to the Massachusetts Municipal Association, and to the 495 MetroWest Partnership. They finished by signing to discontinue a portion of Cherry Street as had been approved at Town Meeting.
