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Jay Fire Department to buy used pumper truck; commissioners approve $150,000 loan at 3.98%
Summary
The Delaware County Board of Commissioners voted Feb. 10 to accept a bid and five-year financing through Bank of Grand Lake for a used pumper truck for Jay Fire Department: purchase price $175,000, trade-in $25,000, loan $150,000 at 3.98% (monthly payment $2,764.63).
The Delaware County Board of Commissioners on Feb. 10 unanimously accepted a bid to buy a used pumper truck for the Jay Fire Department and approved financing through Bank of Grand Lake.
Case Hampton of Bank of Grand Lake presented the financing terms to the board: "The interest rate is 3.98% and the loan amount of $150,000 is…
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