No single issue dominated last Tuesday’s city council meeting but there were several interesting items discussed. Perhaps the most significant thing was an informational memo from Chief Financial Officer Conor Baldwin regarding the recent sale of $43 million in city bonds. Money raised from the sale of these bonds will go towards the Lowell High renovations and other capital projects. Baldwin said that on the advice of the city’s financial advisors, they accelerated the sale of these bonds to lock in a better rate since the Federal Reserve is expected to keep raising interest rates. Baldwin added that the 3.543% the city will pay on these bonds is “a great rate.”
Relative to maintenance, it would seem critical to have a set of documents released as part of the project that would detail the maintenance procedures to be followed. Are these documents being created, and is the building maintenance department training in accordance with the procedures specified?
Relative to maintenance, it would seem critical to have a set of documents released as part of the project that would detail the maintenance procedures to be followed. Are these documents being created, and is the building maintenance department training in accordance with the procedures specified?