Select Board authorizes $5.4M water bond and accepts grants
Topsfield Select Board authorizes $5.4M water bond at favorable rate. Chair Rafael McDonald and his board unanimously approved the bond anticipation notes at a net interest cost of 2.602 percent after competitive bidding with five participants, reducing the rate from 3.5 percent. The notes fund $3
Select Board's Office · Meeting of April 6, 2026
Topsfield Select Board authorizes $5.4M water bond at favorable rate. Chair Rafael McDonald and his board unanimously approved the bond anticipation notes at a net interest cost of 2.602 percent after competitive bidding with five participants, reducing the rate from 3.5 percent. The notes fund $3 million in water tank and $2.4 million in water main projects nearing completion.
In separate unanimous votes, the board accepted a $15,489.87 firefighter safety equipment grant from the Massachusetts Department of Fire Services, authorized a one-year extension of a $100,000 bridge-project grant, and accepted a $33,098 donation of solar lights from resident Tim Collins for School Avenue installation.
In the full story:
- The complete report — 367 words
Source: the Select Board's Office meeting of April 6, 2026, compiled from the official minutes.
Members read the rest of this story and every Topsfield meeting we cover, in full.
Become a memberAlready a member? Sign inA 30-day free trial needs a payment method. After it, your membership renews at the price shown at checkout until you cancel, which you can do anytime from your account. Subscription terms
Share this brief
Know someone in Topsfield who follows town government? Share Townbrief Topsfield: they can sign up free.