Rec center funding plan moves forward
Council chips in $3.7 million after group certifies $3.9 million gift.
In a Town Council update on the proposed Morton & Barbara Mandel recreation center, Friends of Recreation announced it had reached its fundraising goal, and the town decided how it would pay for its portion of the fundraising.
Matthew Smith, chairman of Friends of Recreation, told the council Tuesday that the group had raised more than its $3.7 million fundraising goal — just under $3.9 million.
More than half of that total came from three donors, Smith said, including two $750,000 donations — one each from the Smith family and billionaire Ken Griffin. The third donor was not named.
Soon after Smith’s update, the Town Council — on the recommendation of Finance Director Jane Le Clianche — approved $3.7 million to be pulled from the town’s excess reserves in its health insurance and risk funds to pay for the town’s portion of the project.
The council voted 4-1 to approve the expenditure. Julie Araskog, the only council member who voted against the
Smith Head of Friends of Recreation reports goal surpassed.