MassVoter.com← Needham Select BoardNeedham Select Board · 2024–2025 Board · Special meeting
April 7, 2025
2 recorded votes, 0 with disagreement.
Sources: Official minutes (PDF) · Agenda
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Attendance
Present: Kevin Keane, Heidi Frail, Catherine Reid Dowd, Marianne B. Cooley, Joshua Levy
Absent: None
Every vote, in order
Approval of the Sale of State House Note (General Obligation Bond Anticipation
Approve that the sale of the $172,000.00 General Obligation Bond Anticipation Notes being issued as State House Notes dated April 15, 2025 (the "Notes"), to Oppenheimer & Co at the price of...
The Board approve that the sale of the $172,000.00 General Obligation Bond Anticipation Notes being issued as State House Notes dated April 15, 2025 (the "Notes"), to Oppenheimer & Co at the price of $172,000.00 is hereby approved and confirmed. The Notes shall be payable on June 26, 2025, and bear interest at 8.75%. Move that in connection with the marketing and sale of the Notes, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated March 27, 2025, and a Final Official Statement dated April 3, 2025 (the "Official Statement"), each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, appointed, and adopted. 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.
From the minutes
“Motion by Ms. Cooley that the Board approve that the sale of the $172,000.00 General Obligation Bond Anticipation Notes being issued as State House Notes dated April 15, 2025 (the "Notes"), to Oppenheimer & Co at the price of $172,000.00 is hereby approved and confirmed. The Notes shall be payable on June 26, 2025, and bear interest at 8.75%. Move that in connection with the marketing and sale of the Notes, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated March 27, 2025, and a Final Official Statement dated April 3, 2025 (the "Official Statement"), each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, appointed, and adopted. 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: Ms. Frail. Unanimously approved 5-0..” (Motion: Cooley, second: Frail)
Adjourn
Adjourn at 6:45 p.m
Adjourn at 6:45 p.m.
From the minutes
“Motion by Ms. Frail to adjourn at 6:45 p.m. Second: Ms. Cooley. Unanimously approved 5-0..” (Motion: Frail, second: Cooley)
From the Needham Select Board’s official minutes, posted in the town’s Archive Center. We check every vote against the Select Board members present and quote the exact wording. MassVoter never grades or scores officials. Photos: Town of Needham, “Needham Select Board, April 2026–April 2027” member sheet.
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