BRUNSWICK — He described Finance Director John Eldridge as “boring,” but Town Manager Gary Brown also complimented Eldridge’s consistency and conservative nature when dealing with other people’s money.
During discussion at a recent Town Council meeting of the Alex Labbe Fund — a scholarship to help underprivileged children attend the town’s summer day camp — Councilor John Perreault posed the question of how principal funds donated to the account would be invested to earn interest.
“I would say this with nothing but respect,” Brown said, “If anybody knows John Eldridge, they know he won’t be taking much risk.”
“I agree with that,” Perreault said, “but he won’t be around forever.”
Brown replied, “You don’t know that.”
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