Town secures loan for aerial ladder truck repairs
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Description
The Town Council approved Resolution 09-2026 to enter into a loan agreement with Peoples State Bank for up to $300,000.00 to repair the Town’s 2007 aerial ladder truck. The repair is deemed more economical than replacing the fire apparatus, which would cost around $3 million.
Contract Details
Contract Amount
Not to exceed $300,000.00
Vendor
PEOPLES STATE BANK
Agency
Town of Ellettsville, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
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