OLD LYME — The Old Lyme Board of Selectmen has called a Special Town Meeting on Thursday, July 28, at 7:30 p.m. in the Meeting Hall at the Old Lyme Memorial Town Hall, 52 Lyme Street, Old Lyme, Conn.
This meeting will be conducted in person only.
The agenda for this meeting is as follows:
- Due to the absence of the Town Clerk from this Meeting, the appointment of a clerk pro tempore (per general Statutes § 7-21), for purposes of this Meeting only.
- The following proposed Resolution:
RESOLUTION: Be it resolved that the Town of Old Lyme, CT grants the request by The Point O’Woods Association, Incorporated (POW) that the Town of Old Lyme (Town), for purposes of Connecticut General Statutes §7-372 only, consents to POW issuing bonds pledging the security of POW in the amount of up to $820,000.00 for the purpose of restoration and rebuilding of the boat basin bulkhead.
POW is a separate taxing district situated within the limits of the Town of Old Lyme. The Town is not liable at law for any debt of such a district, and its consent to this bond issue does not and cannot be interpreted to mean that the Town is now assuming or shall ever have any obligation to assume any or all of the obligations to be created by the bond issue.
Copies of a brief description of the project proposed by POW are available in the Old Lyme Town Clerk’s office and online here.
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