town_of_lakeville_select_board_agenda.pdf
Lakeville awards Truist $13.8M bond at 3.5% interest
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Description
Town approves $13,825,000 Bond Anticipation Notes (BAN) to Truist Securities with a rate of 3.5%. The BANs include $1,900,000 for the Rt. 79 project/land acquisition and $1,925,000 for the Assawompsett School Windows project and $10,000,000 for the new Fire Station.
Contract Details
Contract Amount
$13,825,000
Vendor
TRUIST SECURITIES
Agency
Town of Lakeville, MA
Contract Type
Bond Anticipation Notes
Document Date
October 21, 2025
Contract Term
NA
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