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FINANCIAL_SERVICESDISCUSSSED

city-of-vine-grove-city-council-work-session-minutes-october-21-2025_8b8.pdf

City explores truck financing terms with Magnolia Bank

City of Vine GroveMAGNOLIA BANKOctober 21, 2025

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

Description

The Vine Grove Fire Department discussed potential financing with Magnolia Bank for a future tanker/engine combination truck, noting the bank’s offer to match Leasing 2’s lower interest rate. Council members indicated support for applying insurance funds and possibly cash reserves to reduce the financed amount before delivery.

Contract Details

Vendor

MAGNOLIA BANK

Agency

City of Vine Grove, KY

Contract Type

FINANCIAL_SERVICES

Document Date

October 21, 2025

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