City of Alba Regular City Council Meeting Minutes 2026-05-04
Fire Truck Purchase Financed Through Community First Bank
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Description
The Alba City Council approved the fire department’s purchase of a $270,000 demo F-550 brush/rescue truck, to be financed over 12 years through Community First National Bank with a possible $30,000 down payment. The fire department will cover all costs without city funds.
Contract Details
Contract Amount
$270,000 (estimated purchase), potential $30,000 down payment
Vendor
COMMUNITY FIRST NATIONAL BANK
Agency
Town of Alba town, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
12-year financing term
Renewal Date
2038-05-04
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