Meetings / Apr 9, 2025 / Item 6

Item 6

approved

Apr 9, 2025

Description

Authorize a public hearing pursuant to RSA 162-I with regard to the recommendation of the Business Finance Authority of the State of New Hampshire (the “Authority”) to authorize the issuance of up to not more than $17,500,000 of revenue bonds in one or more series of bonds, which may be taxable or tax-exempt or a combination thereof, for the following projects in New Hampshire, which will be owned, operated and used by Pennichuck Water Works, Inc. (the “Borrower”) and its affiliates, to finance (1) capital improvements to the Borrower’s water supply and water distribution installations, upgrades, replacements and rehabilitations and related support systems at project sites located in various locations within the State of New Hampshire all of which are within the Borrower’s service areas, as such service areas are respectively shown at https://pennichuck.com/pww-tefra-coverage-areas-maps/ (the “Service Area Website”) and the costs of issuance, prepayment or make-whole premiums and additional reserves, as necessary.

Amount
$17.5M
$17,500,000
Vote Record approved
Motion by Stevens, seconded by Liot Hill
Joseph Kenney (R) yes
Karen Liot Hill (D) yes
Janet Stevens (R) yes
John Stephen (R) yes
Dave Wheeler (R) yes

Documents (1)

Item_6.pdf Open in new tab →
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