Wolcott Selectboard Meeting Minutes February 18, 2026
Wolcott Approves Truck Lease with KS Bank
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Description
The Selectboard approved a 6-year lease with KS Bank for the 2026 Western Star truck, outfitted with body, wing, and plow. The amount is not to exceed $105,800 at an interest rate near 5.6%.
Contract Details
Contract Amount
$105,800
Vendor
KS BANK
Agency
Town of Wolcott, VT
Contract Type
EQUIPMENT
Document Date
February 18, 2026
Contract Term
6 year lease
Renewal Date
2032-02-18
Renewal Info
6-year lease; payments start in FY2026. Payments structure based on selected lease term and deposited funds from previous truck sale.
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