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05/01/2023 FINANCE COMMITTEE Minutes
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05/01/2023 FINANCE COMMITTEE Minutes
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10/27/2023 11:59:14 AM
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
05/01/2023
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<br /> <br />2 <br /> Mashpee Select Board <br /> Minutes <br /> May 1, 2023 <br /> Present: Selectman David W. Weeden, Selectman John J. Cotton, Selectman <br />Thomas F. O'Hara, <br /> Selectman Carol A. Sherman, Selectman Michaela A. Wyman- <br />Colombo <br /> Town Manager Rodney C. Collins <br /> Assistant Town Manager Wayne E. Taylor <br /> Attendees: Town Counsel Patrick J. Costello <br /> Town Moderator John Miller <br />Finance Director Dawn Thayer <br />Administrative Assistant Terrie Cook <br /> Finance Committee Attendees: Jeffrey Pettengill, Gregory McKelvey, Darlene <br />Furbush, <br /> Jamie Schuh,Lee Smith, Glenn Thompson, Richard Weiner <br /> Meeting Called Order by Chairman Weeden at 6:00 p.m. Mashpee High <br />School, <br /> Paul A. Funk Health Careers Learning Center. <br /> Meeting Called toOrder by Chairman Pettengill at 6:02 p.m. Mashpee High <br />School,Paul A. Funk <br /> Health Careers Learning Center. <br /> NEW BUSINESS <br /> Discussion„and,Alalaravalu of a„Bond Anticipation Notew(BAN <br /> <br />mTownesTreasurer Crai Mayen; <br /> The Select Board met with Craig Mayen,Town Treasurer/Tax Collector for the <br />purpose of <br /> reviewing the Bond Anticipation Note (BAN) for$1,090,000 to cover road projects <br />and a small <br /> amount of the Phase 1 wastewater construction project. <br /> Four bidders responded. The low bid firm was Piper Sandler& Company with a <br />premium of <br /> $15,924.90 at a net interest cost of 4.03%. <br /> Motion made by Selectman Sherman to authorize a Bond Anticipation <br />Note(BAN) in the <br /> amount of$1,090,000 as presented. <br /> Motion seconded by Selectman Cotton. <br /> VOTE: Unanimous. 5-0. <br /> Roll Call Vote: <br /> Selectman Weeden,yes Selectman Cotton, yes Selectman <br />O'Hara,yes <br /> Selectman Sherman,yes Selectman Wyman-Colombo,yes <br />Opposed,none <br /> <br />
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