Select Board approves agreement with NH Municipal Bond Bank
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Description
The Littleton Select Board authorized entering into a Loan or Bond Purchase Agreement with the New Hampshire Municipal Bond Bank for refunding bonds and related financing. The bond bank will provide financing, including a $2.5 million borrowing and the refunding of two existing notes, at a maximum interest rate of 4.5%.
Contract Details
Contract Amount
$2,500,000 plus refunding bond proceeds (not to exceed 4.5% interest)
Vendor
NEW HAMPSHIRE MUNICIPAL BOND BANK
Agency
Town of Littleton, ME
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Bonds issued in 2026; specific maturity schedule not stated
Renewal Info
Resolution authorizes execution of a Loan Agreement or Bond Purchase Agreement and related escrow and issuance documents; no automatic renewal terms stated.
More from NEW HAMPSHIRE MUNICIPAL BOND BANK
More from Town of Littleton
Littleton Select Board Minutes 2026-05-21
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LCAC Meeting Minutes March 23 2026
LCAC Meeting Minutes March 23 2026
LCAC Meeting Agenda March 2026
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