We have received numerous inquiries this morning regarding who is responsible for paying what in regard to the sewers.
To clarify the situation in advance of tonight’s meeting, we followed up with First Selectwoman Bonnie Reemsnyder, who said categorically, “The Town [of Old Lyme] has to borrow the money, but the repayment will be based on revenues from the project … [which will be] paid by the users.” She noted, however, that “There is always the chance that someone is going to challenge the amount charged to them.”
Asked whether the mill rate for the residents of Old Lyme would be increased to fund the loan, Reemsnyder responded, “The bonding should not impact the mill rate.”
She added that a vote is planned tomorrow morning at an Old Lyme Board of Selectmen Special Meeting to set the date of Aug. 5 for a Special Town Meeting at which the referendum will be officially called for Aug. 13.