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Commission approves 3.95% lease to finance new fire truck after debate over local bank
Summary
The Atchison City Commission approved financing for a new fire truck through First State Bank & Trust at 3.95% after a 3–2 vote following discussion about choosing a local lender.
The Atchison City Commission voted 3–2 to accept a 3.95% lease financing bid from First State Bank & Trust for the new fire truck, approving resolution number 34‑11.
City Manager Mark Westhoff told the commission the city received six bids for the financing, with interest rates between 3.95% and 5.55%, and that staff recommended the low bid under the city’s procurement policy. "The low bid is 3.95 percent…
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