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Select Board approves sale of $16 million bond anticipation note

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Summary

The Yarmouth Select Board voted to authorize the sale of a $16,000,000 general-obligation bond anticipation note dated April 17, 2025, payable April 17, 2026; the motion passed in a voice vote and was recorded as unanimous.

The Yarmouth Select Board voted to approve the sale of a $16,000,000 general-obligation bond anticipation note dated April 17, 2025, with a maturity of April 17, 2026. The board recorded the sale as approved by voice vote and the motion was described in the meeting record as passing unanimously.

The motion as read into the record specified a 4.00% note and noted a premium of $171,040. The board…

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