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Select Board OKs sale of bond anticipation notes for municipal and airport projects

5406719 · January 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved two series of bond anticipation notes — a $30 million municipal series awarded to JPMorgan Securities and an airport series awarded to Fidelity Capital Markets — with competitive net interest costs.

The Nantucket Select Board on July 16 approved the sale of two series of bond anticipation notes to fund municipal and airport projects and authorized the town to close the sale.

Finance staff told the board the town asked…

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