March 24, 2026

“Upon a motion by Ms. Aufranc and seconded by Mr. Ulfelder the Board was polled and voted (5-0) to approve the Consent Agenda. Aufranc - Aye Freiman - Aye Largess - Aye Sullivan Woods - Aye Ulfelder - Aye.” (Motion: Aufranc, second: Ulfelder)

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

“Upon a motion by Ms. Aufranc and seconded by Mr. Ulfelder, the Board was polled and voted (5-0) to approve the votes of the Board as prepared by Bond Counsel to the Town and presented to this meeting, which votes, among other things, formally award the bonds to the low bidder determined at a competitive sale held on March 10, 2026. Voted: that the sale of the $12,570,000 General Obligation Municipal Purpose Loan of 2026 Bonds of the Town dated April 2, 2026 (the "Bonds"), to Brownstone Investment Group, LLC at the price of $13,980,327.90 and accrued interest, if any, is hereby approved and confirmed. The Bonds shall be payable on December 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 $965,000 5.00% 2036 $200,000 4.00% 1,095,000 5.00 2037 200,000 4.00 1,100,000 5.00 2038 200,000 4.00 1,110,000 5.00 2039 200,000 4.00 1,120,000 5.00 2040 200,000 4.00 1,040,000 5.00 2041 200,000 4.00 1,035,000 5.00 2042 200,000 4.00 1,035,000 5.00 2043 200,000 4.00 1,035,000 5.00 2044 200,000 4.00 1,035,000 4.00 2045 200,000 4.00 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 March 3, 2026, and a final Official Statement dated March 10, 2026 (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 Select Board 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 Town Treasurer to establish post issuance federal tax compliance procedures and continuing disclosure procedures in such forms as the Town Treasurer and bond counsel deem sufficient, or if such procedures are currently in place, to review and update said procedures, in order to monitor and maintain the tax- exempt status of the Bonds and to comply with relevant securities laws. Further Voted: that any certificates or documents relating to the Bonds (collectively, the "Documents"), may be executed in several counterparts, each of which shall be regarded as an original and all of which shall constitute one and the same document; delivery of an executed counterpart of a signature page to a Document by electronic mail in a ".pdf" file or by other electronic transmission shall be as effective as delivery of a manually executed counterpart signature page to such Document; and electronic signatures on any of the Documents shall be deemed original signatures for the purposes of the Documents and all matters relating thereto, having the same legal effect as original signatures. Further Voted: 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. Aufranc - Aye Freiman - Aye Largess - Aye Sullivan Woods - Aye Ulfelder - Aye.” (Motion: Aufranc, second: Ulfelder)

Read it in the official minutes, page 4 (PDF)

“Upon a motion by Ms. Aufranc and seconded by Mr. Ulfelder, the Board was polled and voted (5-0) to approve the winter supplemental request of $200,000 and to authorize the modification of Article 7, Motion 1 to $1,100,000. Aufranc - Aye Freiman - Aye Largess - Aye Sullivan Woods - Aye Ulfelder - Aye.” (Motion: Aufranc, second: Ulfelder)

Read it in the official minutes, page 6 (PDF)

“Upon a motion by Ms. Aufranc and seconded by Mr. Ulfelder, the Board was polled and voted (5-0) to set the Senior Property Tax Deferral income limits at the level established by the Department of Revenue, including income limit at levels set by the Commissioner. Aufranc - Aye Freiman - Aye Largess - Aye Sullivan Woods - Aye Ulfelder - Aye.” (Motion: Aufranc, second: Ulfelder)

Read it in the official minutes, page 7 (PDF)