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Choctaw County approves 4.11% financing from First US Bank for five dump trucks
Summary
The Choctaw County Commission voted June 10 to award financing to First US Bank at 4.11% for five dump trucks; delivery expected in about 60 days. Total principal and repayment schedule were not specified in the meeting record.
The Choctaw County Commission voted on June 10, 2025, to award financing to First US Bank at an interest rate of 4.11% for the purchase of five dump trucks, the county engineer told commissioners.
The county engineer recommended the financing during the staff reports, saying the low interest proposal from First US Bank was the best among those received and that the county expects delivery in roughly 60 days. Commissioner Jackson made the motion to award the financing; Commissioner Dahlgren seconded it. The motion passed on a voice vote.
The engineer said staff would prepare the paperwork once the commission approved the award. The meeting transcript did not state the total dollar amount of the loan, the length of the financing term, or the vendor price for the trucks.
No amendments to the award were recorded in the meeting. The engineer also noted the county expects relatively prompt delivery once orders are placed and that staff will proceed with documentation to finalize the financing.
