Board Approves Old Plank Trail Loan for Apparatus
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Description
The East Joliet Fire Protection District approved a 60‑month, 4.25% tax‑exempt bank‑qualified loan from Old Plank Trail to finance a $319,506.50 fire apparatus purchase. The loan was authorized in conjunction with approval of the Firetrucks Unlimited invoice.
Contract Details
Contract Amount
$319,506.50
Vendor
OLD PLANK TRAIL
Agency
East Joliet Fire Protection District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
August 12, 2025
Contract Term
60 months
Renewal Info
Fixed 60‑month bank-qualified loan; no renewal or extension options mentioned.
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