Bonds

Programs

Learn about our Programs, including information about bond offerings, ratings, CUSIPs, and more.

Learn about our Programs, including information about bond offerings, ratings, CUSIPs, and more.

CUSIP-6
562111
CUSIP-6
562111

Bonds are issued pursuant to Title 7 of the Connecticut General Statutes, the Charter of the Town of Manchester, bond resolutions adopted by the Board of Directors, and referenda approved by the voters of the Town. Proceeds of the Bonds are used to finance various capital improvements of the Town. 

Since 2016, voters have approved over $280 million in bonds to renovate-as-new six elementary schools, three of which are certified net-zero-energy facilities; to pay for road, sidewalk and infrastructure improvements; to construct a 21st century library in the Town’s historic downtown; to renovate historic properties; and for land acquisition. GO bonds are backed by the full faith and credit of the Town. The program stimulates economic growth, creates jobs, and helps to attract private investment. Improved public facilities enhance residents’ quality of life and contributes to community well-being.

Bonds are issued pursuant to Title 7 of the Connecticut General Statutes, the Charter of the Town of Manchester, bond resolutions adopted by the Board of Directors, and referenda approved by the voters of the Town. Proceeds of the Bonds are used to finance various capital improvements of the Town. 

Since 2016, voters have approved over $280 million in bonds to renovate-as-new six elementary schools, three of which are certified net-zero-energy facilities; to pay for road, sidewalk and infrastructure improvements; to construct a 21st century library in the Town’s historic downtown; to renovate historic properties; and for land acquisition. GO bonds are backed by the full faith and credit of the Town. The program stimulates economic growth, creates jobs, and helps to attract private investment. Improved public facilities enhance residents’ quality of life and contributes to community well-being.

CUSIP-6
562111
CUSIP-6
562111

The Notes are issued pursuant to the Connecticut General Statutes, the Town Charter and various resolutions adopted by the Board of Directors. The notes pay for the costs associated with the Town’s Water Quality Improvement Program and Sewer System Improvement Program.

Water projects include the replacement or rehabilitation of undersized or deteriorated water mains and other necessary improvements to the Town’s water distribution system. The Notes may also be expended for the alterations, repairs and improvements to equipment, materials, construction, site work, plan preparation, design work, engineering services, architectural services and other administrative costs related to the projects.

Sewer projects are based on the prioritization plan set forth in the Town’s Sanitary Sewer Evaluation Study. Funds are used to repair or replace defective sanitary sewers and other improvements to the sanitary sewer system.

The Notes are issued pursuant to the Connecticut General Statutes, the Town Charter and various resolutions adopted by the Board of Directors. The notes pay for the costs associated with the Town’s Water Quality Improvement Program and Sewer System Improvement Program.

Water projects include the replacement or rehabilitation of undersized or deteriorated water mains and other necessary improvements to the Town’s water distribution system. The Notes may also be expended for the alterations, repairs and improvements to equipment, materials, construction, site work, plan preparation, design work, engineering services, architectural services and other administrative costs related to the projects.

Sewer projects are based on the prioritization plan set forth in the Town’s Sanitary Sewer Evaluation Study. Funds are used to repair or replace defective sanitary sewers and other improvements to the sanitary sewer system.