HomeMy WebLinkAbout1971-08-13-BOS-min 26
SPECIAL
SELECTMEN'S MEETING
August 13, 1971
A special meeting of the Board was held in the Bird RWM, Cary
Memorial Building, on Friday morning, August 13, 1971, at 8.30 atm.
Chairman Cataldo, Messrs. Kenney and Buse, Mrs. Riff in; Mr. O'Connell,
Town Manager and Mrs. McCurdy, Executive Clerk, were present
Mr Zehner, Town Treasurer, met with the Board. He said that
bids have been received to borrow $600,000 in anticipation of
revenue loan, dated August 18, 1971 and payable October 29, 1971 .
He requested the Board to award the bids.
Upon motion duly made and seconded, it was voted to award the
bids to the following banks in the total amount of $600,000, in
anticipation of revenue loan, dated August 18, 1971 and payable
October 29, 1971
Lexington Trust Company • $300,000 3.00% discounted
New England Merchants National Bank $300,000 3.04% discounted
Upon motion duly made and seconded, it was voted to adjourn at
8 42 a.m
A true record, Attest rL
~ A AY Executrve Clerk, Selectmen
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