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Stoneham Select Board · 2020–2021 Board · Regular meeting

August 25, 2020

2 recorded votes, 0 with disagreement.

Sources: Official minutes (PDF) · Agenda

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Attendance

Note on these minutes: The minutes are headed “Tuesday, August 26, 2020”; the meeting was Tuesday, August 25, 2020 (the Agenda Center date and the agenda).

Present: Raymie Parker, Heidi Bilbo, George Seibold, Caroline Colarusso, Shelly MacNeill

Absent: None

Every vote, in order

MWRA Water Bond Approval

Authorize and approve the sale of the $1,800,000 Water Bond of the Town dated September 14, 2020, to Massachusetts Water Resources Authority (the "Authority") and that the Town Treasurer or other...

Minutes, page 1

ApprovePassed · Unanimous, 5 present

Seibold moved to authorize and approve the sale of the $1,800,000 Water Bond of the Town dated September 14, 2020, to Massachusetts Water Resources Authority (the "Authority") and that the Town Treasurer or other appropriate Town official is authorized to execute on behalf of the Town a Loan Agreement and a Financial Assistance Agreement with the Authority with respect to the bond. The bond shall be payable without interest on August 15 of the years and in the principal amounts as follows: Year Installment Year Installment 2021 $180,000 2026 $180,000 2022 180,000 2027 180,000 2023 180,000 2028 180,000 2024 180,000 2029 180,000 2025 180,000 2030 180,000 and 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 vote. MacNeill seconded the motion. A roll call vote was taken. Voting in favor: Raymie Parker Heidi Bilbo George Seibold Caroline Colarusso Shelly MacNeill Motion Passes (5-0)

From the minutes

“Seibold moved to authorize and approve the sale of the $1,800,000 Water Bond of the Town dated September 14, 2020, to Massachusetts Water Resources Authority (the "Authority") and that the Town Treasurer or other appropriate Town official is authorized to execute on behalf of the Town a Loan Agreement and a Financial Assistance Agreement with the Authority with respect to the bond. The bond shall be payable without interest on August 15 of the years and in the principal amounts as follows: Year Installment Year Installment 2021 $180,000 2026 $180,000 2022 180,000 2027 180,000 2023 180,000 2028 180,000 2024 180,000 2029 180,000 2025 180,000 2030 180,000 and 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 vote. MacNeill seconded the motion. A roll call vote was taken. Voting in favor: Raymie Parker Heidi Bilbo George Seibold Caroline Colarusso Shelly MacNeill Motion Passes (5-0).” (Motion: Seibold, second: MacNeill)

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

Adjourn

Adjourn

Minutes, page 2

ProceduralPassed · Unanimous, 5 present

MacNeill moved to adjourn. Bilbo seconded the motion. A roll call vote was taken. Voting in favor: Raymie Parker Heidi Bilbo George Seibold Caroline Colarusso Shelly MacNeill Motion Passes (5-0)

From the minutes

“MacNeill moved to adjourn. Bilbo seconded the motion. A roll call vote was taken. Voting in favor: Raymie Parker Heidi Bilbo George Seibold Caroline Colarusso Shelly MacNeill Motion Passes (5-0).” (Motion: MacNeill, second: Bilbo)

Read it in the official minutes, page 2 (PDF)

From the Stoneham Select Board’s official minutes, posted in the town’s Agenda Center (Select Board). We check every vote against the Select Board members present and quote the exact wording. MassVoter never grades or scores officials. Photos: Town of Stoneham, Select Board page (captioned group photo). Cropped by MassVoter. Former members show initials.

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