I. Council Action Requested.
Title
To approve a Joint Funding Agreement with the U.S. Geological Survey (USGS) for calendar 2017 in the amount of $40,000 for continued water quality monitoring in the well network in North Windham, with local funding in the amount out $23,000 to come from the Roosevelt Promenade TIF fund.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. the Council has the authority to enter into contracts as the legislative body of the Town pursuant to Article II, Section 3(I) of the Charter, and
III. Issue Summary.
Copies of the proposed funding agreement and cover letter are attached. The current partnership with USGS for monitoring groundwater quality dates back to at least 1995. Due to its relationship to commercial development in the area, the Town's portion of the joint funding agreement has been paid for with TIF funds - in this case, the Roosevelt Promenade TIF fund which includes work relating to the study of wastewater in the area. The budget for fiscal year 2018 includes $210,000 to this fund, which also helps pay for economic development, wastewater planning, and other related activities.