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Selectboard approves weekly pay orders and payroll, signs TAN documents with National Bank of Middlebury
Summary
The board approved pay orders totaling $55,847.47 and two weekly payrolls, and voted to sign Tax Anticipation Note loan documents at 4% with the National Bank of Middlebury as previously authorized.
Bruce Many moved to approve pay orders for the week of June 16, 2026, in the amount of $55,847.47; Shauntell Barnum seconded and the motion passed unanimously. The board also approved two payrolls: $5,375.30 for the week ending June 13 and $5,517.02 for the week ending June 6, each on recorded motions and unanimous votes.
On borrowing, the board reaffirmed its prior decision to obtain the Tax Anticipation Note through the National Bank of Middlebury at 4% and Chair John Roleau moved to sign the loan documents; Shauntell Barnum seconded and the board approved signing the TAN documents 4–0. No further loan terms beyond the 4% rate were recorded in the minutes.
