Town of Granby Board of Selectmen Agenda Packet May 18 2026
Granby Approves $875K Equipment Financing With Liberty Bank
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Description
The Granby Board of Selectmen approved entering into an equipment lease/purchase and loan agreement with Liberty Bank for up to $875,000 over four and a half years. The financing will support the acquisition and leasing of various town equipment under a promissory note structure.
Contract Details
Contract Amount
Not to exceed $875,000
Vendor
LIBERTY BANK
Agency
Town of Granby, CT
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Four and one-half years
Renewal Info
Single four-and-one-half-year equipment lease/purchase/loan agreement; no renewal terms described in the resolution.
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Town of Granby Board of Selectmen Agenda Packet May 18 2026
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