Wake EMC Conditionally Offers Butner Fire Truck Loan

Wake EMC conditionally offered Butner an $800,000 loan for its new aerial fire truck. The proposed 10-year, zero-interest loan would require $80,000 annual payments and security interests in the truck and designated fire district tax revenues.

Document date · October 1, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$800,000

Contract type

FINANCIAL_SERVICES

Contract term

10 years at 0% interest; $80,000 annual payments

Renewal

Conditional loan offer; final commitment depends on delivery, final truck cost, and execution of the loan agreement, promissory note, pledge agreement, and related documents.

Document type

Agenda

Source document

Town of Butner Agenda October 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Butner Public Safety?

Wake Emc was awarded this financial services contract by Butner Public Safety, as recorded on October 1, 2026. The contract value is $800,000.

How much is the Wake Emc contract with Butner Public Safety worth?

The Wake Emc contract with Butner Public Safety is valued at $800,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Butner Agenda October 1, 2026 (Agenda), dated October 1, 2026 from Butner Public Safety. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wake Emc hold?

Wake Emc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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