Finance Committee Minutes May 19, 2026
KACO EMS Monitor Financing Terms Reported
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Description
The Finance Committee heard a report that EMS monitors financed through KACO would carry a 4.79% interest rate with no pre-payment penalty or closing costs. The information was presented by the Treasurer, but the minutes do not document a formal approval action.
Contract Details
Vendor
KACO
Agency
Hardin County, KY
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Interest rate 4.79% for EMS monitors financing; credit card account in CD to be cashed at maturity and principal redeposited for an additional year
Renewal Info
Credit card account funds are in a certificate of deposit to be cashed at maturity and the principal redeposited for an additional year.
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