Granby Drummer | September 2021

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Volume LII, No. 1 • September 2021

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Busy fall ahead with municipal elections, Kearns School proposal and bridge repairs Welcome back, Granby! Summer has passed, a much better summer than last year—unless you’re a farmer. Unfortunately, COVID is still making its impact. Stay safe, mask up if in doubt, own and help protect your We will all neighbor. get through this, as farmers will get alk our through the temperaby Jim Lofink ture swings, wet/dry periods and surge of mildews this year. Mother Nature is still the most potent force on the planet! Read on, and throughout the paper, for town news. Search for a Town Manager is still underway. At least 18 applicants have responded, and the Board of Selectmen (BOS) is still actively engaged in the selection process and hoping to reach a conclusion early this fall. Municipal elections will be in November. Both major parties have endorsed slates of candidates, with several contested seats that provide voters with a choice. It is good to have so many people interested in helping serve our community. Please get informed and exercise your right, and responsibility, to vote Nov. 2. More in this issue! Granby bear feeding ordinance is now in effect. The BOS passed a new ordinance that took effect Aug. 4 prohibiting the intentional feeding of bears. Residents that are identified as unintentionally feeding bears will be educated and, if necessary, warned. If feeding continues after that warning,

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these residents may then be treated as intentional feeders. To residents cited with intentional feeding, the ordinance carries a $250 fine for every day that intentional feeding continues. As a part of the ordinance, bird feeders may only be used from Dec. 1 through March 31, unless using Nyjer, thistle or other bird feed that is widely recognized as not desirable to bears. No violations were being processed at the time of this writing. If you would like a bear-resistant trash container, put your name on the waiting list at DPW (860-653-8960). Former Kearns School development plan. While no offers are on the table, a developer is now working with the Town to develop an approach combining the Kearns property with an adjoining lot which currently hides the view of the school from Rtes 10/202. The five-acre triangle lot (across from the Salmon Brook Veterinary Hospital) is bordered on the other sides by Canton Road and the Canton Road Extension to Kearns. The town’s broker, Goman + York, interested a Connecticut developer, Mark De Pecol, who has experience developing senior living, assisted living and memory care facilities. De Pecolo now has control of the triangle property and has developed at least three conceptual plans that show the potential if both properties were combined into one mixed-use development plan. The BOS is working with various town agencies and our attorney to determine how development could move forward. Road paving projects are in final stages. Barring weather delays, all

Town Hall Talk cont’d. on p. 4

Party nominations uncontested No September primary for Granby The Republican and Democrat Town Committees met in July to nominate candidates to stand for office in the Nov. 2 municipal election, and both parties found unanimous support for their slates. The municipal ballot will have openings in 10 different boards and offices. Voters will choose the First Selectman; four Board of Selectmen; three Board of Finance; three Board of Education; two Board of Assessment Appeals; three Planning and Zoning Commission and one Alternate; two Zoning Board of Appeals and two Alternates; and the Town Moderator. Granby will not have a primary on Sept. 14 as none of the party nominations were contested. Public Lottery for Horizontal Ballot Order on Sept. 15 On Sept. 15 there will be a lottery to determine the horizontal ballot order of the candidates for Board of Selectman, Board of Finance, Board of Education, Planning and Zoning Commission and the Zoning Board of Appeals. The lottery will be held at 11 a.m. in the Town Hall meeting room and is open to the public.

Vigil for Racial Justice

A vigil was held in late spring on Granby’s green in memory of George Floyd. Sponsored by Granby Racial Reconciliation, this was one of many opportunities the group provided to foster racial justice. See story on page 3. Pictured above are, from l.: Denny Moon, Persephone Hall, Rose Mouning, Ken Mouning, Rob Lowe, Clark Pfaff and Todd Yonkman. Photo by Don Shaw

S&P’s AA+ rating gives Granby favorable financing on capital projects By Carol Bressor & Kathy Norris This past July Granby’s town treasurer, John Adams, received word that Standard & Poor (S&P) Global Ratings reaffirmed its “AA+” credit rating and stable outlook for Granby’s $5 million series general obligation bonds that will fund the bridge and school projects approved by the town referendum back in late spring of 2019. This is a very favorable position in view of the toss and turns of today’s financial world. The bond credit rating has continually improved over the past 25 years, a reflection of the consistently strong fiscal management and financial condition of the Town of Granby. Standard & Poor Global Ratings is a credit rating agency which issues ratings indicating how likely it is that public and private companies and governments will be able to pay back the debt they issue. The S&P ratings range from a high of AAA down to D. The result of the AA+ rating is that the recent $5,000,000 General Obligation Bonds induced in a winning bid with a True Interest Cost of 1.54474 percent including a premium of $731,205 paid to the town at the time of purchase. The premium will be used to cover the costs of issuance and initial future debt payments. In the opinion of S&P Global Rating, the high “AA+” rating assigned

to our 2021 20-year bond issue reflects the town’s strong financial operations, evidenced by continued positive general fund results and increased available reserves during the past few fiscal years. In other words, the conservative budgeting moves led by the Board of Finance and carried out by the selectmen and education boards, along with a strong property tax base, have contributed to the town achieving this designation. S&P views the town’s financial management as adequate with generally conservative budget assumptions, including a five-year historical trend analysis. A formal 10-year capital improvement plan exists. The town’s basic debt-management policy limits debt service to no more than 10 percent of expenses. Other factors cited in the S&P report included a strong economy: “ The town, with a population estimate of 11,279, is in Hartford County in the Hartford-West Hartford-East Hartford MSA (Metropolitan Statistical Area) which we consider broad and diverse.” The report further pointed out that the town’s grand list grew by 3 percent between 2019 and 2021 due to a stable real estate market with residential properties accounting for 80 percent of the tax base, followed by industrial property at 4.8 percent. In S&P’s view, “Granby’s debt-andcontingency-liability is very strong.”

AA+ credit rating cont’d. on p. 3

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Granby Drummer | September 2021 by Granby Drummer - Issuu