carlisle_select_board_minutes_december_2_2025.pdf
Select Board Approves $5M Loan with Truist Securities
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Description
The Carlisle Select Board approved a $5 million, one-year loan with Truist Securities to fund police station renovations, elevator upgrades, and capital projects. The board cited a favorable rate and a need to renew and add to existing borrowing. The loan will come due in December 2026.
Contract Details
Contract Amount
$5 million (1-year loan)
Vendor
TRUIST SECURITIES
Agency
Town of Carlisle, MA
Contract Type
FINANCIAL_SERVICES
Document Date
December 2, 2025
Contract Term
1 year (due December 2026)
Renewal Date
2026-12-31
Renewal Info
This loan includes renewal of $2M borrowed in June and adds $3M new borrowing. Renewal date is December 2026.
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