Monday, November 19, 2012
City seeks suggestions on how to use funds from Connie Bean sale
This article is from my local newspaper, The Portsmouth Herald and it's about something I didn't know was going on in my town (so I'm glad I read it, because now I know what's up where I live). Basically a local community center was sold in August and the town is now trying to decide what to do with the funds from the sale. One suggestion has been to create a trust with the funds from the sale which would provide funds over a period of time to celebrate events recognizing local service men/women or to improve buildings. They still haven't decided what to do with the funds but I like the idea of a trust because this way the town will have money for things they actually need instead of just spending the excess money frivolously now.
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