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Council approves $257,750 excavator purchase and 10‑year financing
City of Newcastle — Public Works Authority & City Council (joint meeting) · November 11, 2025
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Summary
The council authorized purchase of a Caterpillar 320 excavator for $257,750 and approved financing through First National Bank at approximately 4.09% for 10 years.
Newcastle — The City Council approved purchase of a new Caterpillar 320 hydraulic excavator and authorized financing through First National Bank for $257,750 over 10 years.
Staff said the Komatsu model originally considered…
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