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New Milford Board of Finance gets bond request for library improvements, paving

The New Milford Board of Finance has been sent a request for nearly $30-million worth of projects.  Mayor Pete Bass says about a third, $21.5 million, would be bond anticipation notes until actual costs are determined.   The funding would cover renovations to the library, roofs and roadwork.  $8.3 million in existing debt or debt that was already approved but hasn’t been borrowed would be converted from short-term to long-term borrowing.  The Board of Finance is also being asked to consider $10 million for paving, repairs and road improvements.  Their meeting is set for May 28th at 6pm.

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