Town Accountant
Bond 95, SHN 96
| MULTI-PURPOSE BOND ISSUE |
| ISSUED JUNE 1995 |
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| The proceeds of this bond amount to $185,394. The major portion of the issue is |
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| made up of equipment for the Highway Department. $72,349 for the purchase of a |
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| dump truck; $17,521 for a 4-wheel drive pick-up truck; $27,524 for a spreader body |
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| and frame. The balance of $68,000 was for renovations to Town Hall. |
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| Fiscal |
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Principal |
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Interest |
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Interest |
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Total |
| Year |
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Due June 1 |
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Due Dec 1 |
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Due June 1 |
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Payment |
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| 1996 |
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40,394.00 |
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4,143.56 |
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4,143.56 |
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48,681.12 |
| 1997 |
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40,000.00 |
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3,240.75 |
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3,240.75 |
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46,481.50 |
| 1998 |
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35,000.00 |
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2,346.75 |
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2,346.75 |
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39,693.50 |
| 1999 |
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35,000.00 |
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1,564.50 |
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1,564.50 |
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38,129.00 |
| 2000 |
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35,000.00 |
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782.25 |
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782.25 |
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36,564.50 |
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185,394.00 |
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12,077.81 |
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12,077.81 |
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209,549.62 |
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| STATE HOUSE NOTE |
| ISSUED JUNE 1996 |
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| The proceeds of this 5-year State House Note total $177,221. The purpose of this is: |
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| $42,000 additional Landfill Closing; $11,850 for the purchase of a mower for the |
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| Park Dept.; $11,495 for the purchase of a baler and $44,162 for the purchase of a |
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| back-hoe for Solid Waste; $27,714 for a catch-basin cleaner; $20,000 for a vehicle |
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| for Auxiliary Police; and $20,000 for construction and equipping of a communication |
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| building, tower, and antenna. |
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| Fiscal |
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Principal |
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Interest |
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Interest |
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Total |
| Year |
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Due June 15 |
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Due Dec 15 |
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Due June 15 |
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Payment |
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| 1997 |
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37,221.00 |
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4,975.82 |
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5,363.16 |
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47,559.98 |
| 1998 |
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35,000.00 |
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4,200.00 |
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4,200.00 |
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43,400.00 |
| 1999 |
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35,000.00 |
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3,106.25 |
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3,106.25 |
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41,212.50 |
| 2000 |
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35,000.00 |
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2,056.25 |
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2,056.25 |
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39,112.50 |
| 2001 |
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35,000.00 |
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1,006.25 |
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1,006.25 |
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37,012.50 |
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177,221.00 |
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15,344.57 |
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15,731.91 |
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208,297.48 |
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