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The Board of Selectmen unanimously approved the sale of a $15.5 million bond anticipation note, payable June 17, 2027, with a reported premium of $134,385. The board also approved $143,500 in departmental budget transfers, authorized up to $15,000 for a town manager search firm, and appointed Nicole Valentine acting town manager effective June 18.
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The bond anticipation note provides short-term financing for town needs, though the minutes do not specify the projects it will fund. Budget transfers shift money to professional services, legal settlements, information technology, fire utilities, and highway services, using health insurance appropriations as the source. The board also approved a five-year emergency generator service contract for Fire Headquarters and authorized a search firm to help recruit a permanent town manager.
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