City of Mount Pleasant City Commission Meeting Agenda Packet 2026-06-16
Mount Pleasant Approves $1.1M USDA Loan for Fire Truck
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Description
The City of Mount Pleasant authorized a $1.1 million USDA loan at 4.625% interest over 15 years to finance the purchase of a new fire truck. Bass, Berry and Sims will handle necessary bond counsel duties.
Contract Details
Contract Amount
$1,100,000 loan at 4.625% for 15 years with annual payments
Vendor
USDA
Agency
Mt. Pleasant Housing Authority, TN
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
15 years
Renewal Date
2041-05-19
Renewal Info
Standard USDA loan amortization; no auto-renewal.
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PENDINGIssuing Agency
Mt. Pleasant Housing Authority
Local Housing Authority
Mount Pleasant, TN
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City of Mount Pleasant City Commission Meeting Agenda 2026-06-16
City of Mount Pleasant City Commission Meeting Agenda Packet 2026-06-16
City of Mount Pleasant City Commission Meeting Agenda 2026-06-16
City of Mount Pleasant City Commission Meeting Agenda 2026-06-16
City of Mount Pleasant City Commission Meeting Agenda 2026-06-16
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