You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.


New idea for road maintenance

Continue reading below

Citing the deterioration in road conditions, Selectman Tom Hurley has a new idea for managing maintenance. Rather than use the town’s Chapter 90 money from the state directly on road maintenance, Hurley suggested the town take out a 15-year loan and perform the equivalent of 11 years of road work in one year. Meanwhile, the town would put the money it receives from Chapter 90 into an interest-bearing account and pay down the loan. According to Hurley’s calculations, money would have to be placed into the account for only the first 10 or 11 years, based on a 2 percent interest rate on the loan and a 1.5 percent interest rate on the interest-bearing account. Department of Public Works Director Joe Lynch said he appreciated the idea and that it might work, but that more research was required.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of