City Council

MINUTES – MOTIONS ONLY Vol 27, Page 655 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 A SPECIAL JOINT MEETING of the City Council and Water Pollution Control Authority (WPCA), Board of Finance and Board of Education was held at the Torrington Middle School Cafeteria on Tuesday, February 3, 2026. Present at the Torrington Middle School Cafeteria were Mayor Molly Spino, Corporation Counsel Tomasz Kalinowski, City Councilors Anne Ruwet, Paul Cavagnero, Armand Maniccia, Rachel Hannon-Harrel and Chris Beyus. David Oliver joined by Zoom. Board of Finance Members Donna Iannacito, Laurene Pesce and Wendy Traub. Caitlin Hall joined at 6:05 p.m. Christopher Anderson joined by Zoom. Dan Thibault was absent. Also present at Torrington Middle School Cafeteria were Comptroller Olivia DeRosa, Deputy Comptroller & Manager of Budgets Erika Crowley and Treasurer Dan Farley. BOE Members Chairman Edward Corey, Finance Director Donna Labbe, Director of Facilities Dean Pergola, Superintendent Michael Wilson, Kristen Conway, John Kissko, William Knight, Glenn Burger, Gary Eucalitto, Joseph Kulesza and Jeffrey Putnam. Marc Loranger from Gale Associates and Attorney Sandra Dawson of Pullman & Comley joined by Zoom. Mayor Spino opened the meeting at 6:02 p.m., beginning with the Pledge of Allegiance. Torrington Middle School Roof Replacement On a motion by Councilor Maniccia, seconded by Councilor Ruwet, the Boards discussed approval of an appropriation of $6,612,375 and a bond authorization of $5,912,375 for the former Torrington Middle School (Torrington Intermediate School) Roof Replacement Project. Roll Call Vote by the Board of Finance On a motion from Mrs. Traub, seconded by Ms. Hall, the Board voted four to one, with Mr. Anderson opposed, to adopt Resolution #143-284 approving an appropriation of $6,612,375 for the Torrington Middle School (Torrington Intermediate School) Roof Replacement Project, and the financing of said appropriation by the issuance of general obligation bonds of the city and notes in anticipation of such bonds in an amount not to exceed $5,912,375 therefor; and resolutions for school construction grant and recommending approval of Resolution #143-285 to the Board of Councilmen. Roll Call Vote by the Board of Councilmen On a motion from Councilor Maniccia, seconded by Councilor Hannon-Harrel, the Council voted four to two with Councilor Ruwet and Councilor Oliver opposed, to accept the recommendation of the Board of Finance and adopt Resolution #143-285 approving an appropriation of $6,612,375 for the Torrington Middle School Roof Replacement Project, and the financing of said appropriation by the issuance of general obligation bonds of the city and note in anticipation of such bonds in an amount not to exceed $5,912,375 therefor; and resolutions for school construction grant and to submit the Bond Resolution to voters of the City at a referendum to be held on Tuesday, March 24, 2026, between the hours of 6:00 a.m. and 8:00 p.m., for a yes or no vote, on the following ballot question: “Shall the City of Torrington appropriate $6,612,375 for the Torrington Middle School (Torrington Intermediate School) Roof Replacement Project, and authorize the issuance of general obligation bonds and notes in the amount not to exceed $5,912,375; provided the amount of such bonds and notes shall be reduced by grants received for the project (currently expected to be $4,745,796; leaving the City’s expected share to be $1,866,579)? Yes No “; including the authorization of the preparation and printing of explanatory text by the City Clerk in accordance with CGS 9-369(a)(1)(B), subject to Corporation Counsel approval. Adjournment On a motion by Councilor Ruwet, seconded by Mr. Anderson, the Boards voted unanimously to adjourn the meeting at 7:16 p.m. Respectfully submitted by ATTEST: Diane V. Woodruff/Deputy City Clerk CAROL L. ANDERSON, CITY CLERK CAROL L. ANDERSON, CITY CLERK MINUTES Vol 27, Page 656 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 A SPECIAL JOINT MEETING of the City Council and Water Pollution Control Authority (WPCA), Board of Finance and Board of Education was held at the Torrington Middle School Cafeteria on Tuesday, February 3, 2026. Present at the Torrington Middle School Cafeteria were Mayor Molly Spino, Corporation Counsel Tomasz Kalinowski, City Councilors Anne Ruwet, Paul Cavagnero, Armand Maniccia, Rachel Hannon-Harrel and Chris Beyus. David Oliver joined by Zoom. Board of Finance Members Donna Iannacito, Laurene Pesce and Wendy Traub. Caitlin Hall joined at 6:05 p.m., attended in person Christopher Anderson joined by Zoom. Dan Thibault was absent. Also present at Torrington Middle School Cafeteria were Comptroller Olivia DeRosa, Deputy Comptroller & Manager of Budgets Erika Crowley and Treasurer Dan Farley. Board of Ed Members Chairman Edward Corey, Finance Director Donna Labbe, Director of Facilities Dean Pergola, Superintendent Michael Wilson, Kristen Conway, John Kissko, William Knight, Glenn Burger, Gary Eucalitto, Joseph Kulesza and Jeffrey Putnam attended in person . Marc Loranger from Gale Associates and Attorney Sandra Dawson of Pullman & Comley joined by Zoom. Mayor Spino opened the meeting at 6:02 p.m., beginning with the Pledge of Allegiance. Torrington Middle School Roof Replacement On a motion by Councilor Maniccia, seconded by Councilor Ruwet, the Boards discussed approval of an appropriation of $6,612,375 and a bond authorization of $5,912,375 for the former Torrington Middle School (Torrington Intermediate School) Roof Replacement Project. Mayor Spino went over the Power Point presentation that was put together with the Board of Finance members. She stated that the presentation provided background information on the project, which dates back to 2018 when voters originally approved the bonding for Torrington Middle School. Mayor Spino stated that in a recent conversation with Superintendent Wilson, she was informed that the Board of Education will allocate $575,066 from the 0313 account, bringing the balance in that account down to $305,153.02. She noted that there will need to be a future discussion with the Board of Finance to determine where the remaining funds will come from. Chairman Corey stated that the $477,000 in the Board of Education’s Capital Reserve account is being allocated for the repair of the chiller at Torringford School, which is an essential component of the HVAC system. He stated that this is why the Board of Education considers this an essential project. He further noted that any other projects tentatively planned to be proposed from the Capital Reserve account are being put on hold in favor of this project. Chairman Corey also discussed the 2% non-lapsing account and stated that there are funds available and that it is permissible to use those funds for capital expenses. He explained that the Board of Education’s goal is to avoid major disruptions to the educational process by preserving funds for operational expenses in the upcoming fiscal year. He noted that, in either case, the expense is related to education and does not require the City to raise additional funds from taxpayers. He stated that while bonding can be used for capital expenses, it cannot be used for educational operational expenses. He emphasized that the Board of Education is not refusing to use funds for improper reasons, but rather believes there are higher priorities for those funds. Chairman Corey stated that the figures in the proposed financing structure were slightly inaccurate. He explained that there is approximately $977,000 in the Board of Education’s Capital Reserve Fund, and after allocating $477,000 for the Torringford School chiller project, approximately $500,000 would remain available. Mayor Spino clarified that she spoke with Superintendent Wilson the previous week, who verified that $575,066 would be available from the 0313 account. She stated that further reconciliation of the account revealed the balance was lower than previously thought, which would slightly change the remaining balance due and require determining where the remaining funds will come from. Board of Education Finance Director Mrs. Labbé stated that the balance in the 0313 account was $993,285.51. She noted that an emergency purchase for communication equipment had been previously approved, which caused the balance to change slightly. Mayor Spino stated that the question is whether the Board of Education’s contribution from the 0313 account toward the project would be less than the $575,066 originally listed. Chairman Corey stated that the amount would be $515,285.51. Mayor Spino stated that this would leave a remaining balance of approximately $365,000 that would need to be funded from another source. Mrs. Traub asked whether the Board of Education has a payment term in its contract. Mr. Pergola stated that the project will be completed under an A101 Agreement. Under that agreement, the contractor submits payment paperwork on or before the fifth business day of each month to the engineer and then to the Board of Education for final review. Once approved, the Board of Education issues payment to the contractor. Mr. Pergola stated that State reimbursement typically occurs within 45 to 90 days and that he believes the contractor would be paid within approximately 30 days. MINUTES Vol 27, Page 657 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 Mr. Anderson asked why the City would need to bond for the project and what the cost of bonding would be. Treasurer Farley stated that the cost of bonding is approximately $30,000, which includes fees for the financial consultant and bond counsel. Comptroller Mrs. DeRosa and Deputy Comptroller and Manager of Budgets Mrs. Crowley briefly discussed the bonding process. Attorney Dawson explained that regardless of the funding source, voter approval is required for the appropriation of funds for this Capital Project. She stated that the only way to avoid a referendum would have been to include the project in the current year’s budget. Further discussion regarding bonding took place between the Board of Finance and Attorney Dawson. Commissioner Ruwet asked about voter turnout for referendums. Town Clerk Mrs. Anderson stated that approximately 5% of voters participated in the most recent standalone referendum. Chairman Corey stated that the Board of Education wants to avoid increasing the City’s debt any more than necessary. He noted that the Board of Education and the City Council share the same general goal of minimizing bonding, while recognizing that a referendum would authorize the City to do so if needed. Commissioner Beyus asked whether the Board of Education would be willing to fund the remaining $880,000 through various accounts. Chairman Corey responded that the Board of Education’s current offer remains at $500,000. He added that Superintendent Wilson had presented an alternative option involving insulation, which could reduce the total project cost by an estimated $423,700. This is another proverbial concession that could be made if we really needed to, to try to further defer some costs. He explained that this reduction would lower the overall project cost but would not proportionally reduce the contributions of both parties due to State reimbursement considerations. Chairman Corey stated that this option could be explored further to potentially reduce our commitment for this project. Chairman Corey discussed the Board of Education’s Non-Lapsing Fund, noting that using those funds for this project would have a severe operational impact, particularly given the likelihood of a low or zero allocation from the City in the upcoming budget year. He stated that it may be preferable to bond for this project. This approach would allow the Board of Education to meet its operational commitments next year without requesting additional funding from the City, avoid layoffs, and minimize added financial pressure on taxpayers. Mayor Spino thanked Chairman Corey for his explanation and stated that she met with him last month to discuss the City’s financial position and anticipated budget challenges. She expressed appreciation for the Board of Education’s understanding of the City’s situation and acknowledged that the City may again face a zero-percent budget increase. Mrs. Traub asked whether the bond could be rescinded within a certain timeframe if the project does not proceed. Attorney Dawson explained that once voters approve the appropriation and bond authorization and the City enters into a contract with a vendor, the bond authorization cannot be rescinded. She further stated that if the project is not undertaken, the City cannot repurpose the bond funds for another project, because she would not be able to issue an opinion for it. Commissioner Cavagnero asked whether the project involved a total roof replacement. Mr. Loranger briefly explained the scope of the project. Chairman Corey stated that Torrington Middle School (Torrington Intermediate School) is a facility the Board of Education intends to retain and noted that it is in better condition than some other school buildings, making the project a sound investment. Chairman Corey also noted that according to City Clerk Carol Anderson, the City Council has not met outside City Hall since 2009. He expressed appreciation for the City Council’s participation in the joint meeting and stated that working together on this important project reflects a positive spirit of cooperation. Roll Call Vote by the Board of Finance On a motion from Mrs. Traub, seconded by Ms. Hall, the Board voted four to one, with Mr. Anderson opposed, to adopt Resolution #143-284 approving an appropriation of $6,612,375 for the Torrington Middle School (Torrington Intermediate School) Roof Replacement Project, and the financing of said appropriation by the issuance of general obligation bonds of the city and notes in anticipation of such bonds in an amount not to exceed $5,912,375 therefor; and resolutions for school construction grant and recommending approval of Resolution #143-285 to the Board of Councilmen. See Addendum #1 below, Roll Call Vote by the Board of Councilmen On a motion from Councilor Maniccia, seconded by Councilor Hannon-Harrel, the Council voted four to two with Councilor Ruwet and Councilor Oliver opposed, to accept the recommendation of the Board of MINUTES Vol 27, Page 658 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 Finance and adopt Resolution #143-285 approving an appropriation of $6,612,375 for the Torrington Middle School Roof Replacement Project, and the financing of said appropriation by the issuance of general obligation bonds of the city and note in anticipation of such bonds in an amount not to exceed $5,912,375 therefor; and resolutions for school construction grant and to submit the Bond Resolution to voters of the City at a referendum to be held on Tuesday, March 24, 2026, between the hours of 6:00 a.m. and 8:00 p.m., for a yes or no vote, on the following ballot question: “Shall the City of Torrington appropriate $6,612,375 for the Torrington Middle School (Torrington Intermediate School) Roof Replacement Project, and authorize the issuance of general obligation bonds and notes in the amount not to exceed $5,912,375; provided the amount of such bonds and notes shall be reduced by grants received for the project (currently expected to be $4,745,796; leaving the City’s expected share to be $1,866,579)? Yes No “; including the authorization of the preparation and printing of explanatory text by the City Clerk in accordance with CGS 9-369(a)(1)(B), subject to Corporation Counsel approval. See Addendum #2 below. Adjournment On a motion by Councilor Ruwet, seconded by Mr. Anderson, the Boards voted unanimously to adjourn the meeting at 7:16 p.m. Respectfully submitted by ATTEST: Diane V. Woodruff/Deputy City Clerk CAROL L. ANDERSON, CITY CLERK CAROL L. ANDERSON, CITY CLERK Addendum #1 CITY OF TORRINGTON BOARD OF FINANCE CERTIFICATION: I, Carol L. Anderson, City Clerk, do hereby certify that the following is a true and correct copy of Resolution #143-284 adopted by the Board of Finance at a duly called and held meeting on February 3, 2026, at which a quorum was present and acting throughout, and that the resolution has not been modified, rescinded or revoked and is at present in full force and effect: RESOLUTION AUTHORIZING AN APPROPRIATION OF $6,612,375 FOR THE TORRINGTON MIDDLE SCHOOL (TORRINGTON INTERMEDIATE SCHOOL) ROOF REPLACEMENT PROJECT, AND THE FINANCING OF SAID APPROPRIATION BY THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE CITY AND NOTES IN ANTICIPATION OF SUCH BONDS IN AN AMOUNT NOT TO EXCEED $5,912,375 THEREFOR; AND RESOLUTIONS FOR SCHOOL CONSTRUCTION GRANT RESOLVED: Section 1. That the sum of $6,612,375 is appropriated by the City of Torrington, Connecticut (the “City”), for the roof replacement at the Torrington Middle School (Torrington Intermediate School), including planning, design, acquisition, demolition and construction costs, equipment, materials, site improvements, surveys, architects’ fees, engineering fees, remediation, project management and other related costs, interest on borrowings and other financing costs, and for administrative, printing, and financing, legal and other costs of issuance related thereto (the “Project” or the “Roof Replacement Project”). The Mayor and the Building Committee (as defined below) are authorized to determine the scope and particulars of the Project. The Mayor and the Building Committee may reduce or modify the scope of the Project if funds are insufficient to complete the Project, and the appropriation authorized hereby may be spent on the Project as so reduced or modified. Section 2. That to finance said appropriation for the Project, the City shall issue bonds, notes or other obligations in an amount not to exceed $5,912,375 (or so much thereof as may be necessary after deducting MINUTES Vol 27, Page 659 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 grants or other sources of funds received by the City for said Project). On November 2, 2021, the voters of the City authorized the issuance of bonds in the amount of $700,000 for roof improvements, which amount is hereby authorized to issued for the Project. The City expects to receive approximately $4,745,796 (representing 75.36% of the reimbursable expenditures for the Project) in reimbursement grants from the State of Connecticut. The bonds, notes or other obligations shall be issued pursuant to Chapter 109 of the Connecticut General Statutes, Revision of 1958, as amended (the “Connecticut General Statutes”), including, without limitation, Section 7-369 of the Connecticut General Statutes, and any other enabling acts. Section 3. That the City issue and renew temporary notes from time to time in anticipation of the receipt of the proceeds from the sale of the bonds, notes or other obligations for the Project or the receipt of grants for the Project. The amount of the notes outstanding at any time shall not exceed $5,912,375. The notes shall be issued pursuant to Section 7-378 of the Connecticut General Statutes. The City shall comply with the provisions of Section 7-378a of the Connecticut General Statutes with respect to any notes that do not mature within the time permitted by said Section 7-378. Section 4. That the Mayor and the Treasurer of the City (the “Officials”) be authorized to sign said bonds, notes or other obligations by their manual or facsimile signatures and to determine the amounts, rates of interest, dates, maturities, dates of principal and interest payments on such bonds, notes or other obligations, the form of such bonds, notes or other obligations, the provisions for protecting and enforcing the rights and remedies of the holders of such bonds, notes or other obligations and all other terms, conditions and particular matters regarding the issuance and securing of such bonds, notes or other obligations and to execute, sell and deliver the same and all other documents, agreements and certificates related to the sale, issuance or delivery of said bonds, notes or other obligations, and provide all supporting documentation as may be necessary or desirable to accomplish such purposes and to comply with the requirements of the Internal Revenue Code of 1986, as amended, Securities and Exchange Commission Rule 15c2-12 (the “Rule”), and in accordance with the Connecticut General Statutes and any other applicable provision of law thereto enabling. Pursuant to Section 7-370 of the Connecticut General Statutes, except as otherwise provided herein, the Officials are delegated authority to determine the terms, details and particulars of borrowings authorized by this resolution. The bonds, notes or other obligations authorized hereby shall be general obligations of the City secured by the full faith and credit of the City. Section 5. That the Officials are hereby authorized to designate a bank or trust company to be the certifying bank, registrar, transfer agent and paying agent for such bonds, notes or other obligations; to provide for the keeping of a record of the bonds, notes or other obligations; to designate a financial advisor to the City in connection with the sale of the bonds, notes or other obligations; to designate the law firm of Pullman & Comley, LLC, Hartford, Connecticut, as the attorneys at law, to render an opinion approving the legality of such issue or issues. Section 6. That the Officials are authorized to sell the bonds, notes or other obligations by a competitive offering or by a negotiated sale, at public or private sale, at their discretion; to deliver the bonds, notes or other obligations; and to perform all other acts which are necessary or appropriate to issue the bonds, notes or other obligations, including, but not limited to, entering into a continuing disclosure agreement pursuant to the Rule. If the bonds, notes or other obligations authorized by this resolution are issued on a tax-exempt basis, the Officials are authorized to bind the City pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds, notes or other obligations, including covenants to pay rebates of investment earnings to the United States in future years. Section 7. That the City hereby declares its official intent under Section 1.150-2 of the Federal Income Tax Regulations (the “Treasury Regulations”) that project costs may be paid from temporary advances of available funds, which are paid within sixty days prior to and any time after the date of passage of this resolution, and that (except to the extent reimbursed from grant moneys) the City reasonably expects to reimburse any such advances from the proceeds of borrowings (the “Obligations”) in an aggregate principal amount not in excess of the amount of borrowing authorized above for the Project. Such Obligations shall be issued to reimburse such expenditures not later than eighteen months after the later of the date of the expenditure or the substantial completion of the Project, or such later date the Treasury Regulations may authorize. The Treasurer, or designee, is authorized to pay Project expenses in accordance herewith pending MINUTES Vol 27, Page 660 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 the issuance of reimbursement Obligations. The Officials are authorized to amend such declaration of official intent as they deem necessary or advisable and to bind the City pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds, notes or other obligations authorized by this resolution, if issued on a tax-exempt basis. Section 8. That the Officials are hereby authorized, on behalf of the City, to enter into agreements or otherwise covenant for the benefit of bondholders to provide information on an annual or other periodic basis to information repositories designated by the Municipal Securities Rulemaking Board and to provide notices to such repositories of certain events as enumerated in the Rule, as may be necessary, appropriate or desirable to effect the sale of the bonds, notes or other obligations authorized by this resolution. Any agreements or representations to provide information to such repositories made prior hereto are hereby confirmed, ratified and approved. Section 9. That the Officials, the Board of Education and other proper officers of the City are authorized to take all other actions which are necessary or desirable to complete the Project consistent with the foregoing and to issue bonds, notes or other obligations to finance the aforesaid appropriation. Section 10. That the Board of Councilmen hereby authorizes the Torrington Board of Education to apply to the Connecticut Commissioner of Administrative Services, or other state or federal agencies, and to accept or reject grants for the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School). Section 11. That the Board of Councilmen hereby establishes a Building Committee for the Roof Replacement Project, naming Dean Pergola, Director of Facilities, as the Building Committee with regard to the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School) (the “Building Committee”). Section 12. That the Board of Councilmen hereby authorizes the preparation of schematic drawings, outline specifications, preliminary studies as well as architect, engineering, construction and other consulting studies and reports for the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School). Section 13. That this resolution shall become effective after approval at referendum vote. IN WITNESS WHEREOF: The undersigned has executed this certificate this ___ day of ______________, 2026. _____________________________ Carol L. Anderson, MMC, MCTC City & Town Clerk Addendum #2 CITY OF TORRINGTON BOARD OF COUNCILMEN CERTIFICATION: I, Carol L. Anderson, City Clerk, do hereby certify that the following is a true and correct copy of Resolution #143-285 adopted by the Board of Councilmen at a duly called and held meeting on February 3, 2026, at which a quorum was present and acting throughout, and that the resolution has not been modified, rescinded or revoked and is at present in full force and effect: RESOLUTION AUTHORIZING AN APPROPRIATION OF $6,612,375 FOR THE TORRINGTON MIDDLE SCHOOL (TORRINGTON INTERMEDIATE SCHOOL) ROOF REPLACEMENT PROJECT, AND MINUTES Vol 27, Page 661 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 THE FINANCING OF SAID APPROPRIATION BY THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE CITY AND NOTES IN ANTICIPATION OF SUCH BONDS IN AN AMOUNT NOT TO EXCEED $5,912,375 THEREFOR; AND RESOLUTIONS FOR SCHOOL CONSTRUCTION GRANT RESOLVED: Section 1. That the sum of $6,612,375 is appropriated by the City of Torrington, Connecticut (the “City”), for the roof replacement at the Torrington Middle School (Torrington Intermediate School), including planning, design, acquisition, demolition and construction costs, equipment, materials, site improvements, surveys, architects’ fees, engineering fees, remediation, project management and other related costs, interest on borrowings and other financing costs, and for administrative, printing, and financing, legal and other costs of issuance related thereto (the “Project” or the “Roof Replacement Project”). The Mayor and the Building Committee (as defined below) are authorized to determine the scope and particulars of the Project. The Mayor and the Building Committee may reduce or modify the scope of the Project if funds are insufficient to complete the Project, and the appropriation authorized hereby may be spent on the Project as so reduced or modified. Section 2. That to finance said appropriation for the Project, the City shall issue bonds, notes or other obligations in an amount not to exceed $5,912,375 (or so much thereof as may be necessary after deducting grants or other sources of funds received by the City for said Project). On November 2, 2021, the voters of the City authorized the issuance of bonds in the amount of $700,000 for roof improvements, which amount is hereby authorized to issued for the Project. The City expects to receive approximately $4,745,796 (representing 75.36% of the reimbursable expenditures for the Project) in reimbursement grants from the State of Connecticut. The bonds, notes or other obligations shall be issued pursuant to Chapter 109 of the Connecticut General Statutes, Revision of 1958, as amended (the “Connecticut General Statutes”), including, without limitation, Section 7-369 of the Connecticut General Statutes, and any other enabling acts. Section 3. That the City issue and renew temporary notes from time to time in anticipation of the receipt of the proceeds from the sale of the bonds, notes or other obligations for the Project or the receipt of grants for the Project. The amount of the notes outstanding at any time shall not exceed $5,912,375. The notes shall be issued pursuant to Section 7-378 of the Connecticut General Statutes. The City shall comply with the provisions of Section 7-378a of the Connecticut General Statutes with respect to any notes that do not mature within the time permitted by said Section 7-378. Section 4. That the Mayor and the Treasurer of the City (the “Officials”) be authorized to sign said bonds, notes or other obligations by their manual or facsimile signatures and to determine the amounts, rates of interest, dates, maturities, dates of principal and interest payments on such bonds, notes or other obligations, the form of such bonds, notes or other obligations, the provisions for protecting and enforcing the rights and remedies of the holders of such bonds, notes or other obligations and all other terms, conditions and particular matters regarding the issuance and securing of such bonds, notes or other obligations and to execute, sell and deliver the same and all other documents, agreements and certificates related to the sale, issuance or delivery of said bonds, notes or other obligations, and provide all supporting documentation as may be necessary or desirable to accomplish such purposes and to comply with the requirements of the Internal Revenue Code of 1986, as amended, Securities and Exchange Commission Rule 15c2-12 (the “Rule”), and in accordance with the Connecticut General Statutes and any other applicable provision of law thereto enabling. Pursuant to Section 7-370 of the Connecticut General Statutes, except as otherwise provided herein, the Officials are delegated authority to determine the terms, details and particulars of borrowings authorized by this resolution. The bonds, notes or other obligations authorized hereby shall be general obligations of the City secured by the full faith and credit of the City. Section 5. That the Officials are hereby authorized to designate a bank or trust company to be the certifying bank, registrar, transfer agent and paying agent for such bonds, notes or other obligations; to provide for the keeping of a record of the bonds, notes or other obligations; to designate a financial advisor to the City in connection with the sale of the bonds, notes or other obligations; to designate the law firm of Pullman & MINUTES Vol 27, Page 662 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 Comley, LLC, Hartford, Connecticut, as the attorneys at law, to render an opinion approving the legality of such issue or issues. Section 6. That the Officials are authorized to sell the bonds, notes or other obligations by a competitive offering or by a negotiated sale, at public or private sale, at their discretion; to deliver the bonds, notes or other obligations; and to perform all other acts which are necessary or appropriate to issue the bonds, notes or other obligations, including, but not limited to, entering into a continuing disclosure agreement pursuant to the Rule. If the bonds, notes or other obligations authorized by this resolution are issued on a tax-exempt basis, the Officials are authorized to bind the City pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds, notes or other obligations, including covenants to pay rebates of investment earnings to the United States in future years. Section 7. That the City hereby declares its official intent under Section 1.150-2 of the Federal Income Tax Regulations (the “Treasury Regulations”) that project costs may be paid from temporary advances of available funds, which are paid within sixty days prior to and any time after the date of passage of this resolution, and that (except to the extent reimbursed from grant moneys) the City reasonably expects to reimburse any such advances from the proceeds of borrowings (the “Obligations”) in an aggregate principal amount not in excess of the amount of borrowing authorized above for the Project. Such Obligations shall be issued to reimburse such expenditures not later than eighteen months after the later of the date of the expenditure or the substantial completion of the Project, or such later date the Treasury Regulations may authorize. The Treasurer, or designee, is authorized to pay Project expenses in accordance herewith pending the issuance of reimbursement Obligations. The Officials are authorized to amend such declaration of official intent as they deem necessary or advisable and to bind the City pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds, notes or other obligations authorized by this resolution, if issued on a tax-exempt basis. Section 8. That the Officials are hereby authorized, on behalf of the City, to enter into agreements or otherwise covenant for the benefit of bondholders to provide information on an annual or other periodic basis to information repositories designated by the Municipal Securities Rulemaking Board and to provide notices to such repositories of certain events as enumerated in the Rule, as may be necessary, appropriate or desirable to effect the sale of the bonds, notes or other obligations authorized by this resolution. Any agreements or representations to provide information to such repositories made prior hereto are hereby confirmed, ratified and approved. Section 9. That the Officials, the Board of Education and other proper officers of the City are authorized to take all other actions which are necessary or desirable to complete the Project consistent with the foregoing and to issue bonds, notes or other obligations to finance the aforesaid appropriation. Section 10. That the Board of Councilmen hereby authorizes the Torrington Board of Education to apply to the Connecticut Commissioner of Administrative Services, or other state or federal agencies, and to accept or reject grants for the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School). Section 11. That the Board of Councilmen hereby establishes a Building Committee for the Roof Replacement Project, naming Dean Pergola, Director of Facilities, as the Building Committee with regard to the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School) (the “Building Committee”). Section 12. That the Board of Councilmen hereby authorizes the preparation of schematic drawings, outline specifications, preliminary studies as well as architect, engineering, construction and other consulting studies and reports for the Roof Replacement Project at the Torrington Middle School (Torrington Intermediate School). Section 13. That this resolution shall become effective after approval at referendum vote. MINUTES Vol 27, Page 663 CITY COUNCIL MEETING, BOARD OF FINANCE and BOARD OF EDUCATION SPECIAL JOINT MEETING Torrington Middle School Cafeteria / Zoom February 3, 2026 BE IT FURTHER RESOLVED: Section 1. That should the Board of Councilmen adopt the foregoing resolution, pursuant to Sections C13-8 and C13-9 of the Charter of the City said resolution shall be submitted to the voters of the City, at a Special City Meeting pursuant to Section C13-9 of the Charter of the City, to be held on Tuesday, March 24, 2026, between the hours of 6:00 a.m. and 8:00 p.m., for yes or no vote, in the designated voting location in the manner provided by said Charter and the Connecticut General Statutes, and that the City Clerk is directed to post and publish notice of such referendum in accordance with the provisions of said Charter and the Connecticut General Statutes, which notice shall state the ballot question to be voted on as follows: “Shall the City of Torrington appropriate $6,612,375 for the Torrington Middle School (Torrington Intermediate School) Roof Replacement Project, and authorize the issuance of general obligation bonds and notes in the amount not to exceed $5,912,375; provided the amount such bonds and notes shall be reduced by grants received for the project (currently expected to be $4,745,796; leaving the City’s expected share to be $1,866,579)? Yes ____ No ____” The warning of said referendum shall state that the full text of said resolution is on file and open to public inspection at the office of the City Clerk. Section 2. That the Board of Councilmen hereby authorizes the preparation and printing of explanatory text by the City Clerk in accordance with Section 9-369b of the Connecticut General Statutes for the question to be voted upon on Tuesday, March 24, 2026 approved above. Subject to the approval of the Corporation Counsel, the Board of Councilmen further authorizes the preparation and printing of materials concerning the question to be voted upon on Tuesday, March 24, 2026 approved above in addition to the explanatory text in accordance with Section 9-369b of the Connecticut General Statutes. IN WITNESS WHEREOF: The undersigned has executed this certificate this ___ day of ______________, 2026. _____________________________ Carol L. Anderson, MMC, MCTC City & Town Clerk