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Select Board ratifies Series A and B bond‑anticipation notes and related documents

Select Board of the Town of Uxbridge

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Summary

The Select Board approved sale documents and ratified signatures for Series A and Series B bond‑anticipation notes relating to a fire engine and the water treatment plant; the Clerk read the formal certification and the board authorized treasurer and other officers to execute closing and disclosure documents.

The Select Board on July 14 approved resolutions to authorize and ratify the sale and documentation for Series A and Series B bond‑anticipation notes (BANs), including execution of continuing disclosure and tax‑compliance procedures necessary for the offering.

Treasury staff explained BANs are short‑term borrowing…

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