Town of Ayer Select Board Meeting Minutes April 2026
Ayer Awards 2026 GO Bond Sale to Brownstone
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Description
The Ayer Select Board approved the sale of a $10,405,000 General Obligation Municipal Purpose Loan of 2026 to Brownstone Investment Group, LLC. The bonds, dated April 16, 2026, were sold at a price of $11,330,456.30 with maturities from 2027 through 2046.
Contract Details
Contract Amount
$10,405,000 (bond principal); sale price $11,330,456.30
Vendor
BROWNSTONE INVESTMENT GROUP LLC
Agency
Town of Ayer, MA
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Contract Term
Bonds dated April 16, 2026, payable annually April 15, 2027–2046
Renewal Date
2046-04-15
Renewal Info
This is a fixed-term bond issuance with annual maturities from 2027–2046 and is not subject to renewal in a standard contract sense.
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