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FINANCIAL_SERVICESAPPROVED

Town of Selma Council Meeting Agenda March 2026

Council Approves KS Bank Financing for Ford F250 Purchase

Not to exceed $64,670.84; 5.95% fixed interest for 8 yearsTown of SelmaKS BANKMarch 5, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Description

Selma Town Council approved KS Bank financing for a 2025 Ford F250 with a fixed rate, eight-year repayment schedule and a project budget up to $64,670.84.

Contract Details

Contract Amount

Not to exceed $64,670.84; 5.95% fixed interest for 8 years

Vendor

KS BANK

Agency

Town of Selma, NC

Contract Type

FINANCIAL_SERVICES

Document Date

March 5, 2026

Contract Term

8 years

Renewal Date

2034-03-05

Renewal Info

Eight-year term, non-renewable; one-time project lease.

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