Town Secures Bond With Green County Commercial Bank
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Description
The Town of Blenheim Town Board approved securing a $180,000 Statutory Investment Bond from Green County Commercial Bank at 3.95% interest for 10 years. The financing will fund half the cost of a new 2026 Freightliner AWD 10 wheel dump and plow truck.
Contract Details
Contract Amount
$180,000 at 3.95% interest rate for 10 years (payments of $22,000 a month)
Vendor
GREEN COUNTY COMMERCIAL BANK
Agency
Town of Blenheim, NY
Contract Type
FINANCIAL_SERVICES
Document Date
March 4, 2026
Contract Term
10 years
Renewal Info
Fixed-term Statutory Investment Bond for 10 years; no renewals mentioned.
More from GREEN COUNTY COMMERCIAL BANK
More from Town of Blenheim
Town of Blenheim Town Board Meeting Minutes 2026-05-06
Town of Blenheim Town Board Meeting Minutes 2026-05-06
Town of Blenheim Town Board Meeting Minutes 2026-05-06
Town of Blenheim Town Board Meeting Minutes 2026-05-06
Town of Blenheim Town Board Meeting Minutes 2026-05-06
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