City Considers 60-Month Loan for Police Vehicles
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Description
The City of Cottonwood Shores Council will consider approving a 60-month $133,456.00 loan from Security State Bank and Trust to finance the purchase of two new police vehicles. Loan payments are intended to be fully reimbursed by the CCPD, structuring the acquisition through external financing.
Contract Details
Contract Amount
$133,456.00
Vendor
SECURITY STATE BANK & TRUST
Agency
City of Cottonwood Shores, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 19, 2026
Contract Term
60-month loan
Renewal Date
2031-03-19
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