Long-Term Community Benefit Fund and Forbes Mill Footbridge Art
Summary
Council Member Hudes polled thousands of residents and found 64% want any proceeds from the potential ForTate property sale to go to a tangible community asset. The council unanimously committed $3 million for long-term capital projects — a community center, sports courts, parks, bike/ped improvements, or affordable housing — excluding operating costs and deferred maintenance.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Sep 1, 2026.
Impact analysis
$3 million of the town's $14.6 million unassigned fund balance is committed, accruing interest until expended.
Future users of a community center, sports courts, parks, bike paths, or affordable housing — potentially the whole town.
Those hoping the money would go to deferred maintenance or operations — 37% of survey respondents — see it dedicated elsewhere.
Mentions & discussions (2)
Town Council Meeting — September 1, 2026
The $565,187 left over from selling the 4 Tait Avenue museum property went into the Long-Term Community Benefit Fund. Museum supporters made a moving case to restore the $10,000 annual funding for the Forbes Mill Footbridge youth vinyl mural program, where kids' artwork has decorated a beloved town landmark for 30 years. The council will decide fund uses during the capital budget process early next year.
Town Council Meeting — May 19, 2026
Council Member Hudes polled thousands of residents and found 64% want any proceeds from the potential ForTate property sale to go to a tangible community asset. The council unanimously committed $3 million for long-term capital projects — a community center, sports courts, parks, bike/ped improvements, or affordable housing — excluding operating costs and deferred maintenance.
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