October 29, 2018

“Aimée Eckman made the following motion: I, the Clerk of the Board of Selectmen of the Town of Eastham, Massachusetts (the "Town"), certify that at a meeting of the board held October 29, 2018, of which meeting all members of the board were duly notified and at which a quorum was present, the following votes were unanimously passed, all of which appear upon the official record of the board in my custody: Voted: that the sale of the $3,105,000 General Obligation Municipal Purpose Loan of 2018 Bonds of the Town dated November 8, 2018 (the "Bonds") to Robert W. Baird & Co., Inc. at the price of $3,229,107.05 and accrued interest is hereby approved and confirmed. The Bonds shall be payable on November 1 of the years and in the principal amounts and bear interest at the respective rates, as follows: Year Amount Interest Rate 2019 2020 2021 2022 2023 2024 2025 2026 2027 $190,000 200,000 205,000 220,000 230,000 175,000 180,000 185,000 185,000 5.00% 5.00 5.00 5.00 5.00 5.00 3.00 3.00 3.00 Year Amount Interest Rate 2028 2029 2030 2031 2032 2033 2035 2038 $100,000 105,000 115,000 120,000 120,000 125,000 250,000 400,000 3.00% 3.00 3.125 3.25 3.25 3.375 4.00 4.00 Further Voted: that the Bonds maturing on November 1, 2035 and November 1, 2038 (each a "Term Bond") shall be subject to mandatory redemption or mature as follows: Term Bond due November 1, 2035 *Final Maturity Year Amount 2034 2035* $120,000 $130,000 Term Bond due November 1, 2038 Year Amount 2036 2037 2038* $130,000 $135,000 $135,000 *Final Maturity 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 October 17, 2018 and a final Official Statement dated October 24, 2018 (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 Board of Selectmen 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 Treasurer to establish post issuance federal tax compliance procedures in such form as the 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. Further Voted: that each member of the Board of Selectmen, 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. I further certify that the votes were taken at a meeting open to the public, that no vote was taken by secret ballot, that a notice stating the place, date, time and agenda for the meeting (which agenda included the adoption of the above votes) was filed with the Town Clerk and a copy thereof posted in a manner conspicuously visible to the public at all hours in or on the municipal building that the office of the Town Clerk is located or, if applicable, in accordance with an alternative method of notice prescribed or approved by the Attorney General as set forth in 940 CMR 29.03(2)(b), at least 48 hours, not including Saturdays, Sundays and legal holidays, prior to the time of the meeting and remained so posted at the time of the meeting, that no deliberations or decision in connection with the sale of the Bonds were taken in executive session, all in accordance with G.L. c.30A, §§18-25, as amended. Martin McDonald seconded the motion Roll Call Vote: Aimée Eckman, Yes; Martin McDonald, Yes; Wallace Adams, Yes.” (Motion: Eckman, second: McDonald)

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

“Aimée Eckman made a motion to contract with Woods Hole Group for half of the cost of Tasks 5, 7, 8 and 10 for a total of $29,030 Martin McDonald seconded the motion Vote: Yes 3, No 0.” (Motion: Eckman, second: McDonald)

Read it in the official minutes, page 3 (PDF)

“Aimée Eckman made a motion to contract with the Center for Coastal Studies as outlined for total of $29,526 Martin McDonald seconded the motion Vote: Yes 3, No 0.” (Motion: Eckman, second: McDonald)

Read it in the official minutes, page 3 (PDF)