Town of Fenton Town Board Work Session Minutes 2026-05-27
NBT Bank Selected for Highway Truck Financing
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Description
The Town of Fenton approved NBT Bank as the lender for bond anticipation notes to finance the purchase of two new highway trucks, at a 3.75% interest rate for a 1-year term.
Contract Details
Vendor
NBT BANK
Agency
Hillcrest Wd #1, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Contract Term
Bond Anticipation Note, 1 year renewal
Renewal Date
2027-05-27
Renewal Info
1-year term; subject to annual renewal as part of standard bond anticipation note process.
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