Town of Brookline Select Board Minutes 2026-03-10
MWRA water and sewer bond agreements approved
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Description
The Brookline Select Board approved the sale of a $773,000 Sewer Bond and a $2,000,000 Water Bond to the Massachusetts Water Resources Authority, both structured as no-interest loans with equal annual payments from 2027 to 2036. The Board also authorized execution of associated Loan and Financial Assistance Agreements to fund water and sewer system improvements.
Contract Details
Contract Amount
$773,000 Sewer Bond; $2,000,000 Water Bond
Vendor
MASSACHUSETTS WATER RESOURCES AUTHORITY
Agency
Town of Brookline, MA
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
Bonds dated March 16, 2026; payable annually 2027–2036
Renewal Date
2036-02-15
Renewal Info
Bonds carry fixed annual principal payments from 2027–2036 with no interest; no renewal terms specified as they are fixed-term debt instruments.
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