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Corydon authorizes up to $310,000 in general-obligation notes to finance fire pumper truck
Summary
After a public hearing with no public comment, the Corydon City Council approved Resolution 2026-013 authorizing not-to-exceed $310,000 general obligation capital loan notes to fund a new fire department pumper truck.
The City of Corydon opened and closed a public hearing on an authorization of a loan agreement and the issuance of notes to evidence the city’s obligation. Stacy Gibbs, the city clerk, reminded the council that the loan is for the fire department pumper truck and reported that no comments, written or verbal, had been received at City Hall; no one attended to speak during the hearing.
Following the hearing, the council considered Resolution 2026-013 to institute proceedings and take additional action to issue not-to-exceed $310,000 general obligation capital loan notes. Councilor Dawn Christian moved to approve Resolution 2026-013; Councilor Kyle Hampton seconded. The council voted unanimously in favor (Christian, Clark, Hampton, Holmes, Wolfe), and the motion carried.
The minutes record the loan amount and that the resolution was approved; they do not specify interest rates, repayment schedule, or when notes will be issued. Implementation steps, including closing and final terms, were not recorded in the minutes.
