Town of Southborough Select Board Agenda Packet 2026-06-02
Southborough Sells $11.5M BANs to TD Financial Products
Trusted by teams at
Description
The Southborough Select Board approved the sale of $11.5 million in General Obligation Bond Anticipation Notes to TD Financial Products LLC at a 3.50 percent rate and $58,420 premium. The notes, dated June 10, 2026 and due January 28, 2027, finance renewals and new funding for school and DPW capital projects.
Contract Details
Contract Amount
$11,500,000 principal; 3.50% General Obligation Bond Anticipation Notes plus $58,420 premium
Vendor
TD FINANCIAL PRODUCTS LLC
Agency
Town of Southborough, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 31, 2026
Contract Term
Dated June 10, 2026; payable January 28, 2027
Renewal Date
2027-01-28
Renewal Info
These bond anticipation notes roll over prior 2025 notes and include new project funding; the Town anticipates converting to permanent financing or further notes around January 2027 based on cashflow needs.
More from TD FINANCIAL PRODUCTS LLC
Related Contracts
Manhattan City Commission Meeting Agenda 2026-05-19
RATIFIEDGogebic-Ontonagon ISD Board of Education Meeting Agenda May 2026
APPROVEDCity of Deephaven City Council Meeting Agenda Packet May 18 2026
AWARDEDGogebic-Ontonagon Intermediate School District Board Minutes April 2026
APPROVEDGogebic-Ontonagon Intermediate School District AgendaPacket Regular Meeting 2026-04-15
PENDINGMore from Town of Southborough
Town of Southborough Conservation Commission Meeting Agenda 2026-06-04
Town of Southborough Conservation Commission Meeting Agenda 2026-06-04
Town of Southborough Select Board Agenda Packet 2026-06-02
Town of Southborough Select Board Agenda Packet 2026-06-02
Town of Southborough Select Board Agenda Packet 2026-06-02
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.