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Yarmouth approves $32.5 million general‑obligation bond sale to fund town projects
Summary
The Select Board unanimously approved the sale and details of a $32,545,000 general‑obligation municipal bond series, authorizing treasurer and board to execute closing and disclosure documents and directing post‑issuance tax‑compliance steps.
The Town of Yarmouth Select Board voted unanimously April 7 to approve the sale and details of a $32,545,000 general‑obligation municipal bond issue to finance a package of capital projects. Finance Director Jennifer Mullen told the board the bonds sold with a net interest cost of 3.416 percent and that the town applied premium proceeds to principal and borrowing costs.
Mark Forest, acting clerk for the meeting, read the…
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