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New Bedford · Committee on Finance · 7:15 p.m.

April 7, 2020

1 recorded votes, 0 with disagreement.

Sources: Official minutes (PDF) · City meeting page

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Committee on Finance: committee votes are recommendations to the full council, which takes the final vote. About this committee

Attendance

Present: Ian Abreu, Derek Baptiste, Naomi R. A. Carney, Debora Coelho, Hugh Dunn, Maria E. Giesta, Brian K. Gomes, Scott J. Lima, Joseph P. Lopes, William “Brad” Markey, Linda M. Morad

Absent: None

Every vote, in order

Notice, City Clerk of reference of a Communication, R. Renee Fernandes, Treasurer/Collector to Councillor Linda M. Morad, Chairperson, Committee on Finance, requesting a Finance Committee meeting to settle the $22,424,826 Bond Anticipation Notes due on May 1, 2020, and additional dollars (to be…

Minutes, page 1

ApprovePassed · 11–0

To approve the negotiated sale of a General Obligation Bond Anticipation Note of the City dated on or before May 1, 2020 (the “Note”) and payable on or before February 28, 2021, to Webster Public Finance Corporation at par and accrued interest, if any, at an interest rate not to exceed 3.00%.

Yes: Abreu, Baptiste, Carney, Coelho, Dunn, Giesta, Gomes, Lima, Lopes, Markey, Morad

From the minutes

“On motion by Councillor Markey and seconded by Councillor Coelho, the Committee VOTED: To approve the negotiated sale of a General Obligation Bond Anticipation Note of the City dated on or before May 1, 2020 (the “Note”) and payable on or before February 28, 2021, to Webster Public Finance Corporation at par and accrued interest, if any, at an interest rate not to exceed 3.00%. This motion passed on a Roll Call Vote of Yeas 11, Nays 0..” (Motion: Markey, second: Coelho)

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

From the official minutes kept by the New Bedford City Clerk (agendas and minutes). The minutes are text documents; we read every action, check every roll-call count against the councilors named, and quote the exact wording. Most items pass by voice vote, and the minutes record only the result for those; how each councilor voted is shown only for roll calls. MassVoter never grades officials; votes and attendance are shown exactly as the minutes record them. Councilor photos: cropped from the City of New Bedford's official 2026 City Council photo (newbedford-ma.gov). The 2024–2025 group photo, and the photos of Maria E. Giesta and Linda M. Morad cropped from it: City of New Bedford, provided by the City Clerk.

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