Stowe is giving a $40,000 welcome to people coming to town.
The town selectboard Monday approved spending money from its capital reserve fund to replace the aging welcome signs on Route 100 on both sides of town, near its border with Waterbury to the south and Morristown to the north. Itâs estimated to cost $20,000 per sign.
According to the Stowe Area Association, which, up until Monday, owned and maintained the signs, the current signs are in poor condition. Work includes removing the existing signs, installing concrete foundations and steel posts and LED lights to illuminate them.
Town Manager Charles Safford said the money in the unallocated capital fund comes from whatever is left over from the townâs local option tax after the $350,000 annual payment toward the Stowe Arenaâs 20-year bond and $212,000 yearly toward payments on a $3.2 million bond used to remove the overhead utility lines in the village, a project completed last year.
Stowe welcome signs get a facelift vtcng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vtcng.com Daily Mail and Mail on Sunday newspapers.