Town of Morristown Selectboard Meeting Agenda April 20, 2026
Town awards truck financing to Northfield Savings Bank
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Description
The Morristown Selectboard awarded a financing contract to Northfield Savings Bank to fund a tandem axle dump/plow truck through a loan at 4.8% interest with semi-annual payments of $23,153. The decision followed a competitive process involving seven loan service bids.
Contract Details
Contract Amount
4.8% interest rate, semi-annual fixed payments of $23,153 (total amount not stated)
Vendor
NORTHFIELD SAVINGS BANK
Agency
Morrisville village, VT
Contract Type
FINANCIAL_SERVICES
Document Date
April 20, 2026
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