Town of Lima Board Meeting Minutes 2026-05-11
Oostburg State Bank Loan for New Fire Truck Discussed
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Description
The Town of Lima Board discussed securing a 5-year loan from Oostburg State Bank at 5.41% interest for the purchase of a new Fire Truck; the first payment will be $150,000 due in July.
Contract Details
Contract Amount
Loan at 5.41% for $150,000 (first payment on new Fire Truck)
Vendor
OOSTBURG STATE BANK
Agency
Town of Lima, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
5 years
Renewal Date
2031-07-31
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