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11 <br /> Board of Selectmen <br /> Minutes <br /> April 23, 2018 <br /> NEW BUSINESS <br /> Discussion and Approval of Bond Anticipation Notes; Town Treasurer Craig Mayen: <br /> Craig Mayen, Treasurer/Tax Collector was in attendance to present the results of a BAN bid <br /> for$2,061,000. Included in the BAN is the $1.75 million Quashnet School building project. It was <br /> disclosed the Cape Cod Five Cents Bank short-term BAN is offered at a rate of 1.8%for 10 months. In <br /> late May, the Treasurer/Tax Collector is expected to meet with the Board of Selectmen to approve a <br /> permanent bid for 20 years. <br /> Motion made by Selectman Gottlieb to approve the BAN bid in the amount of$2,061,000 as <br /> referenced. <br /> Motion seconded by Selectman Cotton. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman O'Hara,yes Selectman Cotton,yes Selectman Sherman,yes <br /> Selectman Cahalane,yes Selectman Gottlieb,yes Opposed, none <br /> ADJOURNMENT <br /> Motion made by Selectman Cahalane to adjourn at 7:14 p.m. <br /> Motion seconded by Selectman Cotton. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman O'Hara,yes Selectman Cotton,yes Selectman Sherman,yes <br /> Selectman Cahalane,yes Selectman Gottlieb,yes Opposed, none <br /> Respectfully submitted, <br /> 1 <br /> Kathleen M. Soares <br /> Secretary to the Board of Selectmen <br /> Enclosures: <br /> Letter 4/18/18 to Tribal Council Chairman <br />