Voters at the annual town meeting March 19 approved borrowing $1.5 million to rebuild the worst roads in town and repave others that aren't quite as bad.
The 15-year bond carries a 2.5-percent interest rate that will add $325,000 to the total.
In past years, borrowing money for roads has often been a losing proposition. By the time the bond is paid off, the roads need to be repaved, which means taking another ...
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