← Tisbury Select Board

Tisbury Select Board · 2021–2022 Board · Regular meeting

November 4, 2021

4 recorded votes, 0 with disagreement.

Sources: Official minutes (PDF)

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Attendance

Present: Jeff Kristal, Larry Gomez, Roy Cutrer

Absent: None

Every vote, in order

Securities (USA) LLC at par and accrued interest, if any, plus a premium of $25,520.00.

Approve the sale of a $8,000,000 1.50 percent General Obligation Bond Anticipation Notes (Unlimited Tax) (the “Notes”) of the Town dated November 16, 2021, and payable February 17, 2022, to TD Securities (USA) LLC at par and accrued interest, if any, plus a premium of $25,520.00

Minutes, page 1

ApprovePassed · Unanimous, 3 present

Approve the sale of a $8,000,000 1.50 percent General Obligation Bond Anticipation Notes (Unlimited Tax) (the “Notes”) of the Town dated November 16, 2021, and payable February 17, 2022, to TD Securities (USA) LLC at par and accrued interest, if any, plus a premium of $25,520.00

From the minutes

“Member Gomez motioned to approve the sale of a $8,000,000 1.50 percent General Obligation Bond Anticipation Notes (Unlimited Tax) (the “Notes”) of the Town dated November 16, 2021, and payable February 17, 2022, to TD Securities (USA) LLC at par and accrued interest, if any, plus a premium of $25,520.00 Roll Call Vote: Gomez- Aye, Cutrer- Aye, Kristal -Aye. The motion was approved. Vote 2: 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 October 26, 2021, and a final Official Statement dat.” (Motion: Gomez, second: Cutrer)

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

In connection with the marketing and sale of the Notes, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated October 26, 2021, and a final Official Statement dated November 2, 2021, each in such form as may be approved by the Town Treasurer, be and hereby are

Minutes, page 1

ApprovePassed · Unanimous, 3 present

In connection with the marketing and sale of the Notes, the preparation and distribution of a Notice of Sale and Preliminary Official Statement dated October 26, 2021, and a final Official Statement dated November 2, 2021, each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, approved and adopted

From the minutes

“Member Gomez motioned 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 October 26, 2021, and a final Official Statement dated November 2, 2021, each in such form as may be approved by the Town Treasurer, be and hereby are ratified, confirmed, approved and adopted Roll Call Vote: Gomez- Aye, Cutrer- Aye, Kristal -Aye. The motion was approved. Vote 3: that the Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a significant events disclosure undertaking.” (Motion: Gomez, second: Cutrer)

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

The Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a significant events 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 Notes

Minutes, page 1

ApprovePassed · Unanimous, 3 present

The Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a significant events 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 Notes for the benefit of the holders of the Notes from time to time

From the minutes

“Member Gomez motioned that the Town Treasurer and the Select Board be, and hereby are, authorized to execute and deliver a significant events 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 Notes for the benefit of the holders of the Notes from time to time Roll Call Vote: Gomez- Aye, Cutrer- Aye, Kristal -Aye. The motion was approved. Vote 4: that we authorize and direct the Town Treasurer to establish post issuance federal tax compliance procedures and continuin.” (Motion: Gomez, second: Cutrer)

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

Minutes approval: August 4,2021; August 10,2021; August 24, 2021

Approve minutes as stated above

Minutes, page 1

ProceduralPassed · Unanimous, 3 present

Approve minutes as stated above

From the minutes

“Member Gomez motioned to approve minutes as stated above Roll Call Vote: Gomez- Aye, Cutrer- Aye, Kristal -Aye. The motion was approved. PROSPECTIVE MEETING AGENDA(S) MEETING ADJOURNMENT Respectfully submitted by Alexandra BenDavid an Jeff Ex ra Gomez Chair Vice Chair Page 4of 4 .” (Motion: Gomez, second: Cutrer)

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

From the Tisbury Select Board’s official minutes, posted in the town’s Agenda Center. We check every vote against the members present and quote the exact wording. MassVoter never grades or scores officials. Photos: The Martha’s Vineyard Times: Roy Cutrer and James Rogers (2021); John Cahill (2020, from the meeting video); Christina Colarusso (courtesy of Ms. Colarusso, 2026).

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