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  <title>911 Field bond repayment and fees | southborough.info</title>
  <link rel="self" href="https://southborough.info/issues/911-field-bond-and-fees/feed.xml"/>
  <link href="https://southborough.info/issues/911-field-bond-and-fees/"/>
  <id>https://southborough.info/issues/911-field-bond-and-fees/</id>
  <updated>2026-10-15T23:35:55-04:00</updated>
  <entry>
    <title>Recreation Commission, Wed, May 13: 911 Field bond payback schedule and fee structure</title>
    <link href="https://southborough.info/weeks/2026-05-11/#t-C92hqzMJvgM-0"/>
    <id>https://southborough.info/topics/C92hqzMJvgM/0</id>
    <updated>2026-05-13T12:00:00Z</updated>
    <summary>The commission met with the town finance director to review the repayment schedule for the 911 Field bond. The original bond of approximately $687,000 is nearly half paid off, but annual revolving fund revenues of $30,000 to $45,000 have not matched the initial pre-COVID projections of $70,000 to $90,000. Commissioners discussed maintaining a manageable repayment schedule of roughly $30,000 to $45,000 annually through FY35 and considering a modest $5 per hour user fee increase for fall sports leagues. Outcome: Discussion held; the commission deferred action until the director and finance director produce refined revenue and fee numbers next week.</summary>
  </entry>
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