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Select Board authorizes $6,150,000 general obligation municipal loan; bond sale awarded to Raymond James
Summary
Select Board approved the sale and issuance of $6,150,000 in general obligation municipal bonds, with Raymond James & Associates purchasing the bonds; vote was unanimous and signatures were collected as required.
The Acton Select Board voted unanimously on May 12, 2025, to approve the sale and issuance of $6,150,000 in general obligation municipal purpose bonds of 2025. The town’s bond rating was reaffirmed at AAA prior to the sale, and Raymond James & Associates Inc. was the winning bidder.
Treasurer’s report and sale terms: town staff reported a successful marketing period and 11 bids; Raymond James offered the lowest…
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