Fire Department to Secure $1.9M Ladder Truck Bond

Issuance of $1.9 million bond for fire department ladder truck, with 10-year term and 3.5% interest. Borrowing to occur by June 30th to complete purchase authorized in February 2023.

Document date · March 8, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$1.9 million

Contract type

Debt Financing

Contract term

10 years

Document type

Agenda

Source document

city-of-franklin-town-agenda-2025-03-08_739.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the debt financing contract by City of Franklin?

Franklin Fire was awarded this debt financing contract by City of Franklin, as recorded on March 8, 2025. The contract value is $1.9 million.

How much is the Franklin Fire contract with City of Franklin worth?

The Franklin Fire contract with City of Franklin is valued at $1.9 million, covering debt financing work.

What type of contract is this?

This is a Debt Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-franklin-town-agenda-2025-03-08_739.pdf (Agenda), dated March 8, 2025 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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