Wellesley is squeezing in all sorts of good stuff before summer hits. Here’s a round-up of the fast-and-furious announcements issued by the town of late:
The Town of Wellesley has announced it is set to receive $4.245 million in proceeds from a recent bond sale that wasn’t hurt by the town’s Aaa long-term debt rating. Wellesley received 10 bids and UBS Financial Services was the winner with an average net interest rate of 1.52%.
Proceeds will be used to fund various capital projects, including steam pipes at Wellesley Middle School, the Hunnewell Elementary School feasibility study, the Wellesley Free Library’s new automated materials handler and design work.