Select Board approves validation resolution and accepts $110,000 Community Bank note
Jun 19, 2026
The board approved a validation resolution for a Community Bank note and voted to accept a $110,000 loan (treated as a bond because of its 10‑year term); documents were signed and will be scanned and filed.
The full story
The board voted to approve a validation resolution related to a Community Bank note and then moved to accept a $110,000 loan from Community Bank for the town. The Chair made the motion to approve a validation resolution (explaining a 10‑year loan must be treated as a bond), and a board member seconded it; the Chair called the vote and announced the resolution passed. The Chair then moved to accept the $110,000 loan; after a second the board approved acceptance and the Chair noted signature(s) would be required that evening and documents would be scanned.
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