Ambulance refinance decision put on hold as council requests five-year comparison
Country Roads Leasing proposed refinancing ambulances at 4.85% over eight years versus the town's 5.5% five-year WesBanco loan; council voted to table action until a comparable five-year quote is provided.
The full story
Jeff Smell of Country Roads Leasing presented refinancing options for ambulances 716 and 717 during the Feb. 10 meeting. He outlined that the town's current WesBanco payment is at a 5.5% interest rate for five years while Country Roads offered 4.85% for eight years; council asked for a comparable five-year quote before deciding.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in