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The Board unanimously approved the sale of $8,016,500 in general obligation bond anticipation notes at 3.5% to TD Financial Products LLC, with a $93,231.89 premium. The Board also announced Peter McGowan’s appointment as interim police chief, effective February 18, 2026.
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The borrowing provides the Town with short-term financing through March 4, 2027, under the approved bond note terms. Residents will also see a change in police leadership, with Peter McGowan serving as interim police chief. The Board additionally swore in Deputy Chief Nicholas Lambert and approved a special pouring permit for a February 28 event.
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