Select Board accepts $3.227M bond sale at 3.5% to fund town projects
May 26, 2026 | Groveland, Essex County, Massachusetts
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
The Groveland Select Board reviewed and accepted the results of a general obligation bond and bond anticipation note sale during its May 26 meeting. Staff told the board the sale raised approximately $3.227 million and the winning bidder was Brownstone Investment Group at an interest rate of 3.5 percent.
As required by law, the board voted to review, accept and sign the documents necessary to finalize the sale and allow bond counsel to issue the funds. The motion passed unanimously on a roll‑call vote (Steve yes; Kathy yes; Jason yes; Ed yes; Becky yes).
Staff said bond counsel will complete closing documentation and arrange delivery of funds to the town so approved capital projects can proceed.
As required by law, the board voted to review, accept and sign the documents necessary to finalize the sale and allow bond counsel to issue the funds. The motion passed unanimously on a roll‑call vote (Steve yes; Kathy yes; Jason yes; Ed yes; Becky yes).
Staff said bond counsel will complete closing documentation and arrange delivery of funds to the town so approved capital projects can proceed.
Don't Miss a Word: See the Full Meeting!
Go beyond summaries. Unlock every video, transcript, and key insight with a Founder Membership.
✓
Get instant access to full meeting videos
✓
Search and clip any phrase from complete transcripts
✓
Receive AI-powered summaries & custom alerts
✓
Enjoy lifetime, unrestricted access to government data
30-day money-back guarantee
