Spring Brook board approves financing for new plow/dump truck
The Spring Brook Town Board approved financing a $100,000 loan to complete purchase of a used 2021 Freightliner plow/dump truck and agreed to sell the town's 2008 International truck via auction. The loan is for five years at a fixed 5.35% rate with first payment due March 2027.
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The Spring Brook Town Board voted March 9 to finance the purchase of a used 2021 Freightliner plow/dump truck, approving a $100,000 loan from Dairy State Bank for five years at a fixed interest rate of 5.35%. Chair John Schaefer and board members discussed that the town had paid a $1,000 downpayment in October 2024 toward the truck’s $105,464.50 price and that the vehicle is now available for transfer.
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