June 23, 2020

“Motion by Mr. Bulian that the Board approve the Appointments and Consent Agenda as presented. APPOINTMENTS 1. Human Rights Committee Sophia Dedek (term expires 6/30/2022) 2. Human Rights Committee Tina Burgos (term expires 6/30/2023) CONSENT AGENDA 1. Approve open session minutes of June 3, 2020, June 8, 2020 and June 9, 2020. 2. Water & Sewer Abatement #1292. 3. Accept a $1,000 donation made to the Needham Health Division's Traveling Meals Program from an anonymous donor. 4. Approve a request from Robyn Isman to hold a Needham Rolling Pride parade on Sunday, June 28, 2020 to start at 3:00 p.m. and end by 6:00 p.m. The route of the parade has been approved by the following departments: Police, DPW, Fire, Park & Recreation and Health & Human Services. 5. Authorize the Town Manager to designate David Davison and Katie King as Acting Town Manager in accordance with Section 20A (b) of the charter, for periods not to exceed two weeks. 6. Set the Downtown and Heights Permit Parking rates for 2020/2021 at 60% of the current fee (or a new rate of $120); the permits will expire on April 30, 2021. 7. Authorize Free Parking Meter Parking for Two Hours through September 8, 2020. 8. Approve placement of "Hate Has No Home Here" signs on Town Hall property for a period of two weeks. Second: Mr. Borrelli. Unanimously approved 5-0 by roll call vote..” (Motion: Bulian, second: Borrelli)

Read it in the official minutes, page 4 (PDF)

“Motion by Mr. Bulian that the Select Board vote to approve Motions A-K as listed on the Agenda Fact Sheet dated June 23, 2020 as follows: Motion A Move that in order to reduce interest costs, the Treasurer is authorized to issue refunding bonds, at one time or from time to time, pursuant to Chapter 44, Section 21A of the General Laws, or pursuant to any other enabling authority, to refund all or a portion of the Town's $15,815,000 General Obligation Municipal Purpose Loan of 2009 Bonds dated December 15, 2009 maturing on August 1 in the years 2021 through 2028 (inclusive) (collectively, the "Refunded Bonds") and that the proceeds of any refunding bonds issued pursuant to this vote shall be used to pay the principal, redemption premium and interest on the Refunded Bonds and costs of issuance of the refunding bonds. Motion B Move that the sale of the $25,185,000 General Obligation Municipal Purpose Loan of 2020 Bonds of the Town dated June 25, 2020 (the "Bonds"), to UMB Bank, N.A. at the price of $28,215,818.69 and accrued interest, if any, is hereby approved and confirmed. The Bonds shall be payable on February 1, of the years and in the principal amounts and bear interest at the respective rates, as follows: Year Amount Interest Rate Year Amount Interest Rate 2021 $1,990,000 5.00% 2031 $895,000 4.00% 2022 1,905,000 5 2032 895,000 4 2023 1,895,000 5 2033 895,000 3 2024 1,905,000 5 2034 895,000 2 2025 1,770,000 5 2035 895,000 2 2026 1,575,000 4 2036 895,000 2 2027 1,565,000 4 2037 895,000 2 2028 1,375,000 4 2038 895,000 2 2029 1,365,000 4 2039 895,000 2 2030 895,000 4 2040 890,000 2 Motion C Move to approve the sale of a $1,200,000 1.30 percent General Obligation Bond Anticipation Note of the Town dated June 25, 2020, and payable December 18, 2020 (the "Note"), to Century Bank and Trust Company at par and accrued interest, if any, plus a premium of $3,600.00. Motion D Move 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 June 2, 2020, as revised on June 5, 2020, and a final Official Statement dated June 9, 2020 (the "Official Statement"), each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, approved and adopted. Motion E Move that in connection with the marketing and sale of the Note, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated June 9, 2020, and a final Official Statement dated June 10, 2020, each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, approved and adopted. Motion F Move 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. Motion G Move to authorize the execution and delivery of a Refunding Escrow Agreement to be dated June 25, 2020, between the Town and U.S. Bank National Association, as Refunding Escrow Agent. Motion H Move that that the Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a continuing and significant events disclosure undertakings in compliance with SEC Rule 15c2-12 in such forms as may be approved by bond counsel to the Town, which undertakings shall be incorporated by reference in the Bonds and Notes, as applicable, for the benefit of the holders of the Bonds and Notes from time to time. Motion I Move 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 Notes and to comply with relevant securities laws. Motion J Move that any certificates or documents relating to the Bonds and the Notes (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. Motion K Move 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. Second: Mr. Borrelli. Unanimously approved 5-0 by roll call vote..” (Motion: Bulian, second: Borrelli)

Read it in the official minutes, page 5 (PDF)

“Motion by Mr. Matthews that the Board vote to extend the Spring License Renewals from June 30, 2020 to August 31, 2020. Second: Mr. Bulian. Unanimously approved 5-0 by roll call vote..” (Motion: Matthews, second: Bulian)

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