Town of Easton Board of Selectmen Regular Meeting Minutes 2026-04-16
Town Approves $300K Loan for School Fire Alarm
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Description
The Town of Easton approved a $300,000 loan from Katahdin Trust Company at 4.67% interest over 54 months to fund a new fire alarm system at the elementary school. The Town Manager was authorized to execute all necessary documents.
Contract Details
Contract Amount
$300,000.00
Vendor
KATAHDIN TRUST COMPANY
Agency
Town of Easton, ME
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
54 months
Renewal Info
Single 54‑month term loan; no renewal options mentioned.
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Town of Easton Board of Selectmen Regular Meeting Minutes 2026-04-16
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