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Palmyra orders two borough trucks; council debates low‑interest loans, bonds and grant eligibility
Summary
Borough staff said two trucks are ordered and on the way. Council discussed financing options — short‑ and long‑term loans such as PennVEST, municipal bonds and the borough’s existing debt — and whether spreading costs with low‑interest loans would reduce immediate taxpayer burden.
Borough staff told council that paperwork for two new trucks has been completed and the orders placed. Councilors then discussed how to finance capital projects such as the trucks and other road work, including loan programs and grant options.
The borough manager said, “All the paperwork has been filed. All the orders are placed, so they’re on their way.” Staff reported the borough is…
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