Town Seeks Bond Bank Financing for Aerial Truck
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Description
The Amherst Board of Selectmen authorized application to the New Hampshire Municipal Bond Bank for up to $1,900,000 in tax-exempt financing over ten years to purchase a new aerial ladder truck. This action follows voter approval of the bond authorization on the March 2025 ballot.
Contract Details
Contract Amount
Not to exceed $1,900,000
Vendor
NEW HAMPSHIRE MUNICIPAL BOND BANK
Agency
Town of Amherst, NH
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
10 years
Renewal Date
2035-03-11
Renewal Info
Single 10-year bond issuance anticipated; no renewal or extension options discussed.
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