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Burke board accepts USDA letter of conditions for new plow truck: $30,000 grant and $240,000 loan

Burke Town Board · August 13, 2024
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Summary

The board accepted a USDA proposal for a new plow truck that includes a $30,000 grant and a $240,000 low-interest loan at 4% for 15 years and authorized signing the letter of conditions.

USDA submitted a proposal for a new plow truck that included a $30,000 grant and a $240,000 low‑interest loan at 4% for 15 years. Councilman Tim Crippen moved to accept and sign the USDA letter of conditions; the motion passed unanimously by roll call.

Board members recorded acceptance of the terms and directed staff to proceed with the letter of conditions. No additional financing terms or vendor details were recorded in the minutes; the board will likely revisit procurement details in a future meeting once financing is finalized.