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The Select Board unanimously approved $71,464,601 in bond anticipation notes at 4.00% interest, with a $914,782.62 premium, to fund the Williams Middle School construction, water main improvements, sewer improvements, and water meter replacements.
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The short-term borrowing will finance four major infrastructure projects while construction is underway, with the notes payable June 22, 2027. The Board also unanimously ratified a Police Chief contract identified as FY2027-FY2030, covering July 1, 2026, through June 30, 2029. A proposed Specialized Stretch Energy Code was discussed but was not adopted; the Energy & Sustainability Committee may seek to place it on a future Town Meeting warrant.
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