HomeMy WebLinkAbout1996-06-24 Board of Selectmen Minutes BOARD OF SELECTMEN MINUTES JUNE 24, 1996
CALL TO ORDER: John Leeman, Chairman, called the meeting to order at 5:00 PM.
ATTENDANCE: The following were present: John Leeman, Chairman;William B. Duffy, Jr.;
Kevin Foley; Donald Stewart; David Torrisi; and Robert J. Halpin, Town Manager.
REQUEST OF TOWN TREASURER TO ISSUE BOND ANTICIPATION NOTES AND STATE
AID ANTICIPATION NOTES: Kevin Foley made a MOTION, seconded by Donald Stewart,to approv
ethe sale of$ 13,025,000 4.25%Bond Anticipation Notes of the town dated June 27, 1996 and payable
January 23, 1997,to BayBank,N.A. at par and accrued interest plus a premium of$ 11,701.52; vote
approved 5-0.
Kevin Foley made a MOTION, seconded by Donald Stewart,to approve the sale of a$ 608,000 4.03%
State Aid Anticipation Note os the Town dated June 27, 1996, and payable September 11, 1996 to
BayBank,N.A. at par and accrued interest; vote approved 5-0.
ADJOURNMENT: There being no further business, Kevin Foley made a MOTION, seconded by
David Torrisi,to adjourn this meeting; vote approved 5-0.
Melissa Powers, Admin. Secretary Kevin Foley