Canton, Conn., voters will decide on nearly $20 million worth of capital projects in a November referendum.
According to the Hartford Courant, on the line are $6.75 million for a town highway garage project, $6 million for road improvements, $3.61 million for a high school track and field, and $3.23 million for roofs at the town’s three schools and community center.
Canton’s finance board reduced the costs to $19.6 million after the board of selectmen forwarded the projects. According to the Courant, the selectmen voted to present the highway garage and road improvements project as one question at the referendum and the other two separately.
The state will reimburse the town for $924,091 for the roof work, the newspaper reported. If voters approve the projects, the town expects to bond for $13.8 million in 2013 and $5.8 million in 2015.
Canton on Friday was scheduled to sell $8 million of general obligation refunding bonds. Moody’s Investors Service rated the bonds Aa2, affecting $10 million of outstanding parity debt.
The town is 13 miles northwest of Hartford.
