July 21, 2025

“Selectperson Chatelain moved that the sale of the $ 5, 700, 000 General Obligation Municipal Purpose Loan of 2025 Bonds of the Town dated August 1, 2025 ( the " Bonds"), to Brownstone Investment Group, LLC at the price of 6, 106, 055, 50 and accrued interest, if any, is hereby approved and confirmed. The Bonds shall be payable on August 1 of the years and in the principal amounts and bear interest at the respective rates, as follows: Year 2026 Interest Amount Rate 395 000 5. 00% Year Amount 2034 $ 385, 000 Interest 2027 395, 000 5. 00 2028 395, 000 5. 00 2029 390, 000 5. 00 2030 390, 000 5. 00 2031 390, 000 5. 00 2032 390, 000 5. 00 2033 385, 000 5. 00 2035 385, 000 4. 00 2036 360, 000 4. 00 2037 360. 000 4. 00 2038 360, 000 4. 00 2039 360, 000 4. 00 2040 360. 000 4. 00 Selectperson Chatelain further moved to approve the sale of a $ 592, 936 5. 75 percent general obligation bond anticipation note of the Town being issued as a State House Note, dated August 1, 2025 and payable December 10, 2025 ( the " Note"), to UniBank For Savings at par and accrued interest, if any. Selectperson Chatelain further moved that in connection with the marketing and sale of the Bonds, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated July 10, 2025, and a final Official Statement dated July 17, 2025 ( the " Official Statement"), each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, approved and adopted. Selectperson Chatelain further moved that the Bonds shall be subject to redemption, at the option of the Town, upon such terms and conditions as are set forth in the Official Statement. Selectperson Chatelain further moved that the Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a continuing disclosure undertaking in compliance with SEC Rule 15c2- 12 in such forms as may be approved by bond counsel to the Town, which undertaking shall be incorporated by reference in the Bonds, for the benefit of the holders of the Bonds, from time to time. Selectperson Chatelain further moved that we authorize and direct the Town Treasurer to establish post issuance federal tax compliance procedures and continuing disclosure procedures in such forms as the Town Treasurer and bond counsel deem sufficient, or if such procedures are currently in place, to review and update said procedures, in order to monitor and maintain the tax- exempt status of the Bonds and to comply with relevant securities laws. Selectperson Chatelain further moved that any certificates or documents relating to the Bonds and the Note collectively, the " Documents"), may be executed in several counterparts, each of which shall be regarded as an original and all of which shall constitute one and the same document; delivery of an executed counterpart of a signature page to a Document by electronic mail in a ". pdf" file or by other electronic transmission shall be as effective as delivery of a manually executed counterpart signature page to such Document; and electronic signatures on any of the Documents shall be deemed original signatures for the purposes of the Documents and all matters relating thereto, having the same legal effect as original signatures. Selectperson Chatelain further moved that each member of the Select Board, the Town Clerk and the Town Treasurer be and hereby are, authorized to take any and all such actions, and execute and deliver such certificates, receipts or other documents as may be determined by them, or any of them, to be necessary or convenient to carry into effect the provisions of the foregoing votes. Selectperson Dahl seconded the motions. All Select Board members voted in favor of the motion. The vote was 3- Yes, 0- No.” (Motion: Chatelain, second: Dahl)

Read it in the official minutes, page 1 (PDF)