town_of_wallace_monthly_town_council_meeting_minut.pdf
Wallace Seeks Four County Electric REDLG Loan for Police Cars
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Description
The Wallace Town Council authorized an application to Four County Electric under the USDA REDLG program for a $224,000, five‑year, zero‑interest loan to purchase four new police patrol vehicles. The loan will finance replacement of older units being surplused, subject to program approval.
Contract Details
Contract Amount
$224,000
Vendor
FOUR COUNTY ELECTRIC
Agency
Town of Wallace, NC
Contract Type
FINANCIAL_SERVICES
Document Date
October 9, 2025
Contract Term
5 years at zero percent interest (planned)
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