The Solebury Board of Supervisors on Tuesday agreed to refinance $6.3 million in bond debt at a savings of $122,948 in interest.
The board also approved $1.3 million in new borrowing for land preservation. That is the amount remaining from the township’s 2005 open space referendum.
Solebury has placed a new referendum on this year’s Nov. 5 election ballot asking residents to approve $12 million for the purchase of open space, preservation of environmentally sensitive areas, and conservation easements.
The latest conservation easement purchase, announced by Chair Mark Baum Baicker at the meeting, was $355,000 for two lots owned by Nikoli and Kara Gasiorowski on Chapel Road.
The township has had four successful referendums where voters have approved a total of $44 million for land preservation.
In other matters, Baum Baicker announced there had been some “defections” on the board’s contingent to the New Hope-Solebury Free Library’s 7 p.m. Spelling Bee fundraiser Oct. 4 at the High School.
“I am the only holdover from last year’s loser trio, but this year our team will feature two of the best spellers in Bucks County – (supervisors) Kevin Morrissey and Robert McEwan – so I’m very confident that we will redeem ourselves this time around.”
Tickets are $10 and $5 for students, but team sponsorships are also needed.
“To my knowledge,” Baum Baicker said, “we have only one sponsor so far – I want to give a shoutout to Alicia Lehrman from Lambertville.”
“If we can get a sponsor from Lambertville, can’t we get some from our hometown? C’mon Solebury, rise to the occasion,” he pleaded.