Town Approves Fire Truck Loan with First National Bank
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Description
The Chatham Town Council approved financing for a 2015 Pierce fire truck through First National Bank of Altavista with a ten-year loan at a 4.89% interest rate. This was formalized by Resolution 2026.01.12.
Contract Details
Vendor
FIRST NATIONAL BANK OF ALTAVISTA
Agency
Town of Chatham, VA
Contract Type
FINANCIAL_SERVICES
Document Date
January 12, 2026
Contract Term
ten-year term
Renewal Date
2036-01-12
Renewal Info
Financing agreement for ten years; renewal would require new council action.
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Town of Chatham Council Meeting Minutes April 2026
Town of Chatham Council Meeting Minutes February 2026
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