Town of Jaffrey Select Board Meeting Minutes April 8, 2026
Board Approves NH Bond Bank Fire Station Financing
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Description
The Jaffrey Select Board unanimously authorized applying to the New Hampshire Bond Bank for a 20-year, 3.43% bond to fund the Fire Station addition with no origination fee. The Town Manager was empowered to execute all necessary bond documents on the Board’s behalf.
Contract Details
Vendor
NEW HAMPSHIRE BOND BANK (NHBB)
Agency
Town of Jaffrey, NH
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Contract Term
20-year bond at 3.43% (offered January 2026)
Renewal Date
2046-01-31
Renewal Info
Bond is structured for 20 years at 3.43% interest with no early payoff option; refinancing may be possible within a 10-year window. No automatic renewal applies as this is a fixed-term bond.
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Town of Jaffrey Select Board Meeting Minutes April 8, 2026
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