[This transcript was generated automatically from audio using AI and hasn't been reviewed by a person -- it can contain mistakes, including plausible-sounding sentences that were never actually said. Treat it as a starting point, not a verbatim record.]

[5:02] Good evening everybody and welcome to the trustees of the trust fund meeting for August 27,
[5:12] 26,
[5:14] order the meeting. First order of business is to review the minutes of the meeting held in June 25,
[5:23] 2026. I looked them over, very good job, Taylor, and during the minutes, Brian's absence.
[5:32] Everything looks fine to me. I put in a motion to approve the minutes for the meeting on June 25th, 2026.
[5:46] Do you have anybody to have a second touch?
[5:51] I feel we have a lot of information going through my own news.
[5:56] I need a discussion at
[6:00] all.
[6:00] Hearing no discussion, I'm going to put in a motion to approve the minutes on vote to approve
[6:07] the minutes from June 25th, 2020, 6 all in favour, say hi, our
[6:18] next order of businesses,
[6:19] public comments.
[6:22] Anybody? I don't think Lily has any comment. She's busy reading her books.
[6:28] All right, so we don't have anybody really in attendance to comment and there is no
[6:33] public comment. So we'll move on to old business. I don't believe we have any old business
[6:42] to talk about, right? No, we didn't meet last month. Yes, we didn't meet, so those really
[6:47] that's going to talk about. Okay, new business, we have a bunch of stuff to go through here.
[6:53] Let's now, let's see, be patient with me on this.
[6:58] The first two here are the ones. These two are deposit requests to be deposited into new accounts that we don't have numbers up yet.
[7:15] There are the other page, this left-hand page, the left-hand page.
[7:19] This one right here, right?
[7:20] Those two.
[7:21] So it will see, it's to establish a capital reserve fund under the provisions of our SA-315 Transportation Project.
[7:30] Local, local, matching funds, capital, reserve fund. So, we can approve these deposits, and it can be deposited
[7:42] by Cassie once again, annual count numbers, which Cassie has already been in touch with that much.
[7:47] She hasn't had the annual count numbers yet. They are for one of them is for $55,000, and the other
[7:57] one's $100,000.
[7:59] It's a two different funds.
[8:00] Two different funds.
[8:02] So it's a two-trop one.
[8:04] This one, this one right here, right?
[8:06] And the second one for the $100,000 is a bridge A local match fund.
[8:12] So the first one for the $55,000 transportation projects
[8:15] and local match fund,
[8:20] the second bridge A local match fund
[8:23] for the $100,000.
[8:25] It seems like they have everything in the order here,
[8:32] so I will make a motion for us to prove
[8:37] both these deposits, given that Kathy will deposit them once she gets the new account numbers.
[8:47] I'm just thinking we should probably do each one separately and we're establishing new account numbers.
[8:51] Yeah, I always go to the one about the town, I was there.
[8:53] Okay, we'll start with a first-watch one separately and like this. It's establishing a new
[8:59] Just before we do the kit. It doesn't matter
[9:01] I mean it matters if you're looking name it, but is is it adequate just say a transportation projects local
[9:07] We have to do whatever was voted. So is there an actual name in motion? Yes
[9:13] Yeah, to set transportation projects local match funds capital reserve fund
[9:23] please, please.
[9:25] Yeah, so transportation projects.
[9:28] Let's see how we see our CRF.
[9:29] Yeah, I'm sorry.
[9:32] Transportation projects, local matching funds.
[9:36] CRF.
[9:37] Cool.
[9:38] And that one is for $55,000.
[9:41] And so I'll make the motion for us to deposit that
[9:45] into the transportation projects, local matching funds.
[9:49] CRF once Kathy gets the new account numbers.
[9:55] Thank you.
[9:57] You need discussion.
[10:01] Here are no discussion.
[10:03] We'll put a vote to deposit in $55,000.
[10:08] To the new transportation projects local matching funds CRF once Kathy gets the new account number.
[10:18] All in favour?
[10:29] Okay, so the next one that we're talking about is the bridge in local matching funds CRF, and this is in the amount of $100,000,
[10:44] of dollars.
[10:48] Same as the first one as far as making the motion to have Kathy to cross
[10:56] these tomorrow soon as well as finishing the new account number to the bridge a local matching
[11:04] fund CRF in the amount of $100,000 per second. Any discussion?
[11:14] Here in no discussion, I vote, put a vote to deposit $100,000 into the new bridge, a local
[11:24] matching funds CRF, as soon as Kathy gets to a new account number for $100,000 on Fever.
[11:34] Okay,
[11:45] the next one is, this is what's wrong, what's wrong, what's wrong, what's wrong, what's
[11:55] from the town of Farmington, repair the town levy in the amount of $100,000, it's to be added
[12:07] to the repair of the town levy capital reserve fund. Previously established,
[12:15] the sum is
[12:16] to come from an unassigned fund-aballance, no malprice by taxation, it was approved five zero
[12:24] It's like
[12:28] everything here is correct.
[12:38] Yep, everything looks good.
[12:41] Make a motion to approve the deposit.
[12:48] And the sum of $100,000 to be added to the repair
[12:52] of the town, levy, capital reserve fund.
[12:57] Thank you.
[12:59] Any discussion for deposit?
[13:02] you would put the check-in and it go into the main account and then I would just transfer it
[13:07] out. No, it's only for checks. Look at checks out. Put deposits. I go directly into
[13:13] the sub account, which is why I had to hold those out there too, because I don't have a sub account
[13:18] number yet from them. Okay. So, no work to do that. No work for you to do on these numbers. Just that
[13:23] last one of this year.
[13:25] Just the last one.
[13:28] All right.
[13:29] Any other points?
[13:33] All right.
[13:33] So to vote that we deposit,
[13:37] the sum of $100,000 to be out into the repair of the town
[13:40] levy capital reserve funds.
[13:44] All in favour.
[13:45] All right.
[13:57] This next one is a deposit into the emergency medical
[14:03] motorized equipment capital reserve fund in the amount of $230,000.
[14:12] The funds come from an
[14:13] unassigned fund balance for a mountain racing taxation that was voted five to zero.
[14:21] It's select been here unanimously by the budget committee. It looks in order here.
[14:32] They'd like to make a motion for that. Make a motion to make the policy to the emergency
[14:38] the medical people motorized for 239. Yes, I'll second that motion. Any discussion?
[14:51] and
[14:55] you're in a discussion about what's in the vote, then we deposit the money.
[15:00] Plound of $230,000 to the emergency medical motorized equipment capital reserve funds. All I'm saying about was to read very far, 230, thirty a day every time.
[15:15] That other five, no.
[15:19] All right, approved.
[15:37] The next one.
[15:38] We have another deposit.
[15:39] This is to deposit $50,000 into the salt shed capital reserve fund for the replacement
[15:50] or a pair of the salt shed. It was owned by a select man and a budget committee, you ran
[16:01] at the Sly 5-0 and 8-0.
[16:05] Everything here looks in order.
[16:12] So I'll make a motion to deposit $50,000
[16:16] for a placement or a pair of the salt shed. $50,000 to be deposited to the salt shed capital reserve fund.
[16:28] I'll second.
[16:31] Any discussion on this?
[16:35] Hearing no discussion. I'll put up a vote for
[16:40] to deposit the sum of $50,000 to be added to the salt shed capital reserve fund for a
[16:46] placement of a repair of the salt shed on favor. Hi.
[17:02] This next deposit is to deposit the sum of
[17:07] $150,000 to be added to the Highway Equipment CRF.
[17:21] Fund ballots for the...
[17:27] So, see if the time will go to raise the appropriate sum of 150,000 to be added to the Highway Equipment
[17:32] CRF, previously established.
[17:35] The sum has come from unassigned fund ballots, no amount to be raised.
[17:39] Fund ballots of the Highway Department modurized equipment counteraffirming,
[17:43] sort of fun as of 1231, 25 is 163,000.
[17:48] Those are two different fun, so on, I think.
[17:51] Now, the same?
[17:52] They just didn't completely put it in both places.
[17:56] Oh, okay.
[17:57] I was wondering, I just saw two different.
[17:59] That's why I was wondering.
[18:01] All right, so I just want to make sure
[18:02] I let it set that's been out.
[18:04] There's only one.
[18:05] I like one.
[18:05] There is only one, okay.
[18:08] All right.
[18:10] And this was a unanimous, but it's like many of the bunch of committee.
[18:16] And if we did that, you know, yeah, she didn't give me the amendments. I'll have to make up the minutes.
[18:22] I mean, I should have reviewed that, but I mean, I was there. I remember the motions, but I didn't really, I didn't give
[18:29] me the minutes till he started reading, but I, but I will verify them tomorrow. I'm trying
[18:35] Fairly 90 nine 99 99 9 99
[18:42] I'll move to deposit 150,000 to the highway equipment's era
[18:47] Any discussion here a no discussion
[18:54] Move to vote
[18:56] For the deposit of $150,000 to be added to the highway equipment CRF on favor
[19:13] Next to pause it is in the amount of $25,000 to be added to the landfill closure fund CRF
[19:29] as
[19:29] also was unanimously voted over
[19:37] the notes in order here.
[19:40] Make a motion to vote on that to pause the income of $25,000 to be added to the landfill
[19:50] closure fund CRF.
[19:52] Second, any discussion?
[19:59] Here we're not a discussion. I'll move to vote that we deposit
[20:04] the sum of $25,000 to be added to the landfill closure fund. CRL. All in favour?
[20:25] Okay, our next deposit is for $20,000 to be deposited into the future technology capital reserve
[20:36] And
[20:43] it was also a select-man-five-to-year-old budget committee eight-to-year-old
[20:48] the
[20:51] purpose seems to be in order.
[20:56] I'll leave the cost of $20,000 to the capital future technology capital.
[21:02] All right, I think.
[21:03] Okay.
[21:04] How many discussions?
[21:08] Here is no discussion.
[21:11] I'll move to vote that we deposit $20,000 to be added to the future technology capital
[21:18] serve fund. All in favor. All right.
[21:30] Next to posit is for $70,000 to be added to the
[21:38] fire vehicles and equipment capital reserve fund.
[21:44] And everything looks in order. Select
[21:47] men recommended 5.0, budget committee, 8.0,
[21:53] 4.5, vehicles and equipment.
[21:59] move to deposit $70,000 into the fire vehicle for equipment to cheer up.
[22:06] Second, okay. Any discussion?
[22:13] Here we know the discussion and I move to vote that we
[22:15] need to deposit $70,000 to be added to the fire vehicle's and equipment capital
[22:21] reserve fun. All in favor.
[22:41] Okay. Our next deposit is in the amount of $25,000 to be added to the town revaluation capital reserve fund.
[22:52] It's for the revaluation of town property. Also select the recommend 50, budget committee, 80,
[23:07] it looks in order.
[23:11] I'll make motion to vote to deposit $25,000 to the town of Revaluation Capital Reserve Fund.
[23:25] I'll say a discussion on this one.
[23:31] Here are no discussion.
[23:33] I'll move to vote that we deposit $25,000 to the town of Revaluation Capital Reserve Fund.
[23:41] All in favor.
[23:43] So
[23:58] the next one here is an amount of $75,000 to be added to the public buildings maintenance
[24:07] capital reserve funds,
[24:12] also recommended by $50,000, select man, $80 by budget committee,
[24:23] just to be an order.
[24:29] All right, I'll make a motion for us to deposit $75,000 into the public buildings maintenance
[24:38] capital reserve fund.
[24:40] Second.
[24:42] Any discussion?
[24:46] Hearing no discussion.
[24:48] I'll move to vote that we deposit $75,000 to the public building maintenance capital reserve fund.
[24:56] All in favor.
[24:58] Right.
[25:07] Now we have the last one.
[25:14] This is the one path that we need you to
[25:17] to get to transaction team care of.
[25:20] Right.
[25:20] So it
[25:26] just continue and this took both the money from that to that and to this. Okay, which is the same fund as you just did
[25:35] Yeah, that's true
[25:37] so this
[25:39] One that there at the town is looking to close discontinue the replacement
[25:46] H-fac fund and they want to move the money from that
[25:51] To the building maintenance capital reserve fund
[25:54] We don't know. It's been a two minute. I mean tomorrow. It's different than today. So that's why there's no number. Okay, until they give me a way a method. Yeah, so I was we can do tonight is to vote to give Kathy the approval to get to transaction take care of. But it's really don't between. Yeah, he's going to you could do the if they let us do a transfer. Yeah, do a transfer.
[26:25] If they make us write a check, I'm going to have to give us a date certain number.
[26:31] Yes.
[26:33] So the only thing I could do is make a motion to allow Kathy to do what needs to be done
[26:42] so that we can get this done for the time.
[26:47] Would it be maybe more concise like both to discontinue or to replace or give Kathy the
[26:54] The authority to both to discontinue replace that HVAC fund and transfer those bonds into into
[27:02] Into the
[27:03] Build and maintenance cap for public building. Yeah, so we're basically voting to allow Kathy to to get it done to discontinue the replacement HVAC fund
[27:17] Did they say why they wanted to do this? I think you're trying to clean up some funds and they're trying to be more efficient in other words building maintenance would include
[27:27] Yeah, it's very true. Why have an HVAC and building maintenance?
[27:32] So they said there was a number of them that they were thinking of
[27:38] Spending down and then closing because they're kind of repeats of the things that we don't need them anymore, so I think they're just the new town of history
[27:47] and clean things up, I guess.
[27:48] It was originally, each time I was originally created
[27:52] to update the HVAC in 2020.
[27:55] And then put the annual remaining funds
[27:57] into the general building maintenance fund.
[28:00] OK, so they make sense.
[28:02] So they made that fund for an upgrade,
[28:06] so they probably wanted to keep that separate.
[28:08] And now that that's been done,
[28:10] there's no really need to happen.
[28:13] So I'll make motion to vote
[28:16] to allow Kathy to get to transaction on, get the HFAC fund discontinued and move whatever
[28:28] money that is in there to the building maintenance capital reserve fund.
[28:34] I don't have access, so he would be moving it.
[28:37] He'll be moving it, but you need to...
[28:39] I mean, I will...
[28:40] You need to do the work first, so.
[28:45] Okay. Any discussion on this?
[28:51] Hearing no discussion, I'm moved to vote that we give Kathy the power to get the transaction taken care of so that we can deposit the money from the discontinued age fact fund into the building maintenance capital reserve fund.
[29:12] All in favor, but that would be a transfer just like your transfer is in the main account.
[29:19] Yes.
[29:19] But I don't know that they would want to do it that way.
[29:23] The last time they closed in account they did it with a check and it was a convoluted situation.
[29:29] But that was quite a few years ago, they hoping they've changed and said, okay, just transfer.
[29:36] because here's your balance. Today, transfer it today, you're not going to have pennies floating
[29:43] around. But if you write a track, it keeps it open, you know?
[29:48] But we want it. But it's going to be my own way. It's going to be like that. It interests the
[29:51] then. The school that several accounts at our 36 dollars and 15 dollars, because they've
[29:57] voted to close them at their meeting. But when they...
[30:00] They give us, they give us a certain amount of money, they give us a certain amount of money to get to us, and there's interest added to it, so it's just, so we want to do it right, get it to us.
[30:14] There's a question, we'll do it next month.
[30:16] This is no good for me here.
[30:20] I believe that is everything for new business.
[30:26] Our next regularly scheduled meeting is on September 24th.
[30:36] So you got one of my last reshows.
[30:39] Look how you're working.
[30:40] Is it possible to hold the meeting?
[30:42] I don't need to be worked until 5.30.
[30:44] which means leaving here, no, like 430, so could we be at 4, that evening or we need on the 17th, the week prior at 6pm.
[30:56] If I'm totally fine with either.
[30:58] Meeting at 4 is tough for me to predict cause it work.
[31:02] So any one of the movies?
[31:04] Is that 17?
[31:05] I used to live or trust me.
[31:09] I never mind.
[31:11] I mean, I'm just bump that meeting back, or I'll just let them know that I won't be able to show up until 630.
[31:18] I was hoping you'd say no, and then we'd see back, but they're so close to the end of the month like this month.
[31:26] It's, it's, if I don't go to the bank tomorrow, then the bank statement doesn't equal what we did.
[31:34] They don't find meeting, the rest of the board don't think appreciates meeting later, but occasionally I asked them and they will.
[31:40] So I think you should let me text it.
[31:43] So if we can meet it, if we can meet it six and I'll just ask them to back the six
[31:47] there.
[31:48] Click me do with the 17.
[31:49] We've been at five people for a slide.
[31:51] What happens if we did this 17 that we knew what you'd be able to make five 30
[31:55] factor is good.
[31:56] Do you want to do a five 30?
[31:57] Let's do it.
[31:59] All right.
[32:00] So it's usually like we did all that and a half of them.
[32:03] And we opened.
[32:04] So if you can make it for a five 30 tailor, that'd be great.
[32:06] Yeah, about there is really good.
[32:08] All right.
[32:09] Do you have to vote on that or it's just us saying that's what we're doing?
[32:15] Announce it.
[32:16] Post it.
[32:17] Yes.
[32:18] All right.
[32:18] So next month we'll be meeting on September 17th at 530.
[32:23] Thank you.
[32:23] I appreciate that.
[32:25] I'll find that there.
[32:27] Dermit cavity.
[32:29] Dermit cavity.
[32:31] Oh, turn.
[32:33] No.
[32:33] That's trauma.
[32:35] Do you not, do you not cavity, I don't know you.
[32:39] What are my summer gigs?
[32:41] We work at the Bank of New Hampshire building.
[32:43] Oh, who is there for the, right?
[32:47] I was not.
[32:48] No, no, no.
[32:49] I was.
[32:50] I was.
[32:50] I was there for the time.
[32:51] My daughter was my granddaughter was out back.
[32:55] Her boyfriend was like a tie-tock.
[32:57] Oh, he's been going around with them.
[32:59] Daily, they're done with American tour.
[33:02] I think this week and then they go to Europe in a couple of weeks.
[33:06] Yeah, they're done cannon arting.
[33:08] That was just the last concert that was last Friday, I think.
[33:11] That was last week and Casey had it back to Nashville after that.
[33:16] All right, so I believe that he's here every single night.
[33:21] And so we're going to turn the meeting every day, thank you.
[33:27] Thank you very much.