Friday, June 16, 2000
Town bonds $3.9 million
Town treasurer Nancy Koerner came to the meeting of the board of selectmen on June 13 to obtain approval and signatures on the recent bond sale.
A total of $3,940,000 General Obligation Bonds are being sold to repay the short-term notes for the Gleason Library ($1,486,000), the Wang-Coombs land purchase ($2,150,000) and the fire department's pumper truck ($304,000). Six bids were received ranging from 5.3689 to 5.6502. Koerner recommended awarding the bid to A. G. Edwards & Sons, Inc. at 5.3689 percent. The bonds will be paid off during the fiscal years 2001 through 2019.
Koerner was happy to announce that the town retained its Moody's bond rate of Aa2 which it has held since 1997.
© 2000 The Carlisle Mosquito