June 10, 2025

“9b. Question of approving a contract with Corolla Contracting Inc. in the amount of $1,111,011 to replace the rubber roof of several Brookline High Schools buildings. Charlie Simmons reviewed the contract related to the Noise Bylaw waiver. This will be funded with allocated CIP funds. Aye: Bernard Greene, John VanScoyoc, Paul Warren, David Pearlman, Michael Rubenstein Absent: John VanScoyoc.”

Read it in the official minutes, page 6 (PDF)

“VOTED: (1) To approve the following quarterly Water and Sewer rates effective July 1, 2025: Water Rate: Single-Family Residential Customers $3.36 per hundred cubic feet (HCF) for all use up to 18 HCF $8.40 per hundred cubic feet (HCF) for all use greater than 18 HCF All Other Customers $6.72 per hundred cubic feet (HCF) for all use Sewer Rate: $10.06 per hundred cubic feet (HCF) for all use (2) To approve the quarterly Base Charge based on meter size according to the following schedule effective July 1, 2025: Meter Size (in inches) Quarterly Water Base Charge Quarterly Sewer Base Charge 0.625 $38.27 $38.27 0.75 $54.22 $54.22 $92.49 $92.49 1.5 $184.96 $184.96 $296.57 $296.57 $554.88 $554.88 $921.62 $921.62 (3) To approve the quarterly Irrigation rate at $6.72 per hundred cubic feet (HCF) effective July 1, 2025. (4) To approve the annual Fire Service Charge at $23.96 per inch-diameter squared of fire service pipe size effective July 1, 2025. (5) To continue the Senior Water and Sewer Rate Discount Program in an amount equivalent to 50% of the water and sewer base charge for eligible ratepayers, with eligibility for said program determined by eligibility for Property Tax Exemptions allowable under Massachusetts General Laws Chapter 59, Section 5, Clauses 17D, 41A, 41C, and the Senior Work-off Tax program. (6) The above votes are set under Massachusetts General Laws, Chapter 40, Section 22F. Aye: Bernard Greene, John VanScoyoc, Paul Warren, David Pearlman, Michael Rubenstein Absent: John VanScoyoc.”

Read it in the official minutes, page 7 (PDF)

“On motion, it was, Voted: We hereby determine, in accordance with G.L. c.70B, that the cost of the Pierce School projects authorized by votes of the Town passed on May 21, 2019 (Article 9) and May 23, 2023 (Article 7, Item 69) being financed with proceeds of a portion of the Bonds defined below, together with all other bonds and notes of the Town previously issued to pay costs of such projects, does not exceed the portion of the total cost of the projects that is not being paid by the school facilities grants and we hereby approve the issuance of notes and bonds to finance such projects under G.L. c.70B. Further Voted: that the sale of the $106,330,000 General Obligation Municipal Purpose Loan of 2025 Bonds of the Town dated June 17, 2025 (the "Bonds"), to Morgan Stanley & Co., LLC at the price of $110,586,315.33 and accrued interest, if any, is hereby approved and confirmed. The Bonds shall be payable on May 15 of the years and in the principal amounts and bear interest at the respective rates, as follows: Year Amount Interest Rate 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 $3,315,000 3,030,000 3,130,000 3,245,000 3,365,000 3,490,000 3,615,000 3,750,000 3,895,000 4,055,000 3,490,000 5.00% 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 Year Amount Interest Rate 2037 $ 3,665,000 5.00% 2038 3,840,000 5.00 2039 4,030,000 5.00 2040 4,225,000 4.00 2041 4,315,000 4.00 2042 4,490,000 4.00 2043 4,670,000 4.00 2044 4,855,000 4.00 2045 5,050,000 4.00 2050 28,810,000 4.625 Further Voted: that the Bonds maturing on May 15, 2050 (the "Term Bond") shall be subject to mandatory redemption or mature as follows: Date Principal Amount May 15, 2046 $5,255,000 May 15, 2047 5,495,000 May 15, 2048 5,750,000 May 15, 2049 6,015,000 May 15, 2050 (maturity)6,295,000 Further Voted: 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 May 14, 2025, and a final Official Statement dated May 20, 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. Further Voted: 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. Further Voted: 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 form 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. Further Voted: 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. Further Voted: that any certificates or documents relating to the Bonds (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. Further Voted: 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..”

Read it in the official minutes, page 9 (PDF)

“On motion, it was, Voted approval of the PILOT (payment in lieu of taxes) agreement between the Town of Brookline and Boston University. Aye: Bernard Greene, John VanScoyoc, Paul Warren, David Pearlman, Michael Rubenstein Absent: John VanScoyoc.”

Read it in the official minutes, page 11 (PDF)