The June 12 Westcustugo referendum in North Yarmouth is the wrong move. Municipalities should not be in the business of development. A cost-free solution: change the zoning on the Memorial School parcel to “Mixed Use.” Sell it to a professional developer. The taxpayer cost to change the zoning is zero.
Take the sale profits and put it toward a new municipal building; the current town hall then sold to revert to a residence. Then build a new town structure next to current offices. The land is moved to the private sector to be developed and add revenues back into the tax base.
The timing for this bond is fiscally imprudent, especially when the principal payments will be coming for the Greely Performing Arts Center, combined with an estimated 6 percent jump in the tax rate for the school budget.