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FINANCIAL_SERVICESAPPROVED

Littleton Select Board Minutes 2026-05-21

Select Board approves agreement with NH Municipal Bond Bank

$2,500,000 plus refunding bond proceeds (not to exceed 4.5% interest)Town of LittletonNEW HAMPSHIRE MUNICIPAL BOND BANKMay 21, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
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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.

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