February 1, 2018

“Mr. Sampson moved: Voted: that the sale of the $5,880,000 General Obligation Municipal Purpose Loan of 2018 Bonds of the Town dated February 15, 2018 (the "Bonds") to Robert W. Baird & Co., Inc. at the price of $6,015,132.22 and accrued interest is hereby approved and confirmed. The Bonds shall be payable on February 15 of the years and in the principal amounts and bear interest at the respective rates, as follows: Interest Interest Year Amount Rate Year Amount Rate 2019 $210,000 3.00% 2029 $295,000 3.00% 2020 220,000 3.00 2030 305,000 3.00 2021 225,000 3.00 2031 315,000 3.00 2022 230,000 3.00 2032 325,000 3.00 2023 240,000 3.00 2033 335,000 3.00 2024 250,000 3.00 2034 345,000 3.00 2025 265,000 3.00 2035 355,000 3.125 2026 270,000 3.00 2036 365,000 3.125 2027 280,000 3.00 2037 375,000 3.25 2028 285,000 3.00 2038 390,000 3.25 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 January 23, 2018, and a final Official Statement dated January 30, 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 - 3 | B0S2.1.2018 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. | 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 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. Mr. Miller seconded. Unanimous..” (Motion: Sampson, second: Miller)

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