An Order that $399,600 is appropriated from the Receipts Reserved for Real Estate Proceeds Fund (239 4193) and transferred to the Library Maintenance & Repairs capital fund (360 8039), with a portion transferring to the General Fund to offset legal fee costs of the purchase.
City approves moving proceeds from a real estate sale into the Library Maintenance & Repairs fund to finance library building repairs, with part offsetting legal fees. The action requires a two-thirds Council vote.
- STEP 1 · CURRENTSubmittedNOV 10 2026
- STEP 2Approved—
The Amesbury City Council authorizes transferring $399,600 from the Receipts Reserved for Real Estate Proceeds Fund to the Library Maintenance & Repairs capital fund to support repairs and maintenance for library facilities. The funds are split into $395,201 for library repairs and $4,399 to cover legal consultant fees related to the purchase of 5 & 9 School Street. The purchase and use of proceeds focus on mitigating water infiltration and other building issues (roof, gutters, windows, masonry, exterior paint, soffits, eaves, stairs). The transfer is subject to a two-thirds vote of the City Council under MGL Chapter 44.