Performance Payment and Maintenance Bonds
(required with the contract) 100% of awarded Contract Price, or less if applicable requirement or not for maintenance bond
requirement for A.
Reports on enrollment, maintenance bond
, OSBA elections, ballot; review and approve policy updates.
87 billion school construction and maintenance bond
, with some reluctance.
Given the size of the district's tax base and infrequent borrowing (voters had not been approached in roughly 30 years when the $450 million GO authorization in 2004 was presented and strongly approved), GO and tax maintenance bond
programs have a relatively minor impact on the district's tax rate and debt ratios.
In a 5-0 vote, the selectmen approved a logging permit for 38 acres of Old Sturbridge Village-owned land on Stallion Hill Road, with the condition that the logging company pay a $5,000 road maintenance bond
Supporters of Proposition BB, a school maintenance bond
measure on Tuesday's ballot, will mount a radio blitz beginning today in an effort made possible by $95,000 raised last week.
GO and tax maintenance bond
programs have a relatively minor impact on the tax rate and debt ratios, with no major near-term borrowing planned.