HomeMy WebLinkAbout2003-10-07 Board of Selectmen Supplemental Materials TOWN OF NORTH ANDOVER
OFFICE OF
BOARD OF SELECTMEN
120 MAIN STREET
NORTH ANDOVER, MASSACHUSETTS 01845
NORTH
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Wendy D. Wakeman, Chairman �� o� Telephone(978)688-9510
Rosemary Smedile, Clerk of the Board ° a FAX(978)688-9556
James Xenakis "
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Mark J.T. Caggiano •°°°°°• °•
Donald B. Stewart fSSNCH0
Board of Selectmen Minutes
October 7, 2003
NEW BUSINESS:
Chairman Wakeman announced that the Board would be taking Debt Authorization out of order.
Debt Authorization.
The Town Manager requested that the Board sign the appropriate paper work to authorize $8,208,000 in
General Obligation Bonds and $37,000,000 in Bond Anticipation Notes. David Eisenthal, Vice President
of Unibank Fiscal Advisory Services, Inc. described the purposes, terms and interest rates associated with
these issuances.
Rosemary Smedile made a MOTION, seconded by Mark Caggiano, to authorize $8,208,000 in General
Obligation Bonds and $37,000,000 in Bond Anticipation Notes. Vote approved 5-0.