Town of Kingston Board of Selectmen Meeting Agenda Packet 2026-05-19
Kingston Sells $1.9M Notes To Piper Sandler
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Description
The Kingston Board of Selectmen approved the sale of $1.9 million in General Obligation Bond Anticipation Notes to Piper Sandler & Co. to finance the elementary school roof replacement project. The one-year notes, dated May 29, 2026 and payable May 28, 2027, include a $13,623 premium and are issued under G.L. c.70B with related disclosure and tax compliance measures authorized.
Contract Details
Contract Amount
$1,900,000 3.75 percent General Obligation Bond Anticipation Notes, plus a premium of $13,623
Vendor
PIPER SANDLER & COMPANY
Agency
Town of Kingston, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 16, 2026
Contract Term
Notes dated May 29, 2026 and payable May 28, 2027
Renewal Date
2027-05-28
Renewal Info
Single one-year bond anticipation note issuance maturing May 28, 2027; any future renewal or refunding would require separate Board action.
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