Town of Virgil Regular Town Board Meeting Minutes 2026-05-14
Greene County Bank Awarded Bond for Trucks Purchase
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Description
The Town of Virgil awarded a $405,000, 10-year bond at 4.00% interest to Greene County Bank for the purchase of two new ten-wheeler trucks. Greene County Bank was the lowest bidder for municipal financing.
Contract Details
Contract Amount
$405,000
Vendor
GREENE COUNTY BANK
Agency
Town of Virgil, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
10 years
Renewal Date
2036-05-14
Renewal Info
Bond is for 10 years, fixed rate; no mention of renewal, standard municipal bond terms.
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