Trustees approve $39,570 in capital reserve fund withdrawals
Trustees of the Trust Funds approve $39,570 in capital reserve fund withdrawals. Chair Ron Adinolfo and Trustees Cheryl McDonald and Brenda Brown unanimously released $24,910 from the New Municipal Building Capital Reserve Fund for construction at the new Town Hall, including $10,910 for door work
Trust Funds Trustees · Meeting of June 25, 2026
NH ALLENSTOWN — Trustees of the Trust Funds approve $39,570 in capital reserve fund withdrawals. Chair Ron Adinolfo and Trustees Cheryl McDonald and Brenda Brown unanimously released $24,910 from the New Municipal Building Capital Reserve Fund for construction at the new Town Hall, including $10,910 for door work and $14,000 for interior wall construction. The board approved $14,660 from the Town Building/Maintenance Capital Reserve Fund for police department HVAC replacement.
Trustees also approved $24,057.03 in deposits to Sewer Commission reserve funds and reaffirmed the Investment Policy with an updated effective date.
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Source: the Trust Funds Trustees meeting of June 25, 2026, reported from the official video recording and transcript.
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