Loan Approved for Sewer Camera Equipment Purchase
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Description
Chipley Council approved Resolution No. 26-24 for a $119,199 loan from Capital City Bank to buy an Aries Mobile Voyage main line sewer camera for the Water Utilities Department. The equipment will be financed at 4.15% interest over seven annual payments.
Contract Details
Contract Amount
$119,199.00
Vendor
CAPITAL CITY BANK
Agency
City of Chipley, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Seven (7) annual payments at 4.15% interest
Renewal Info
Single fixed-term equipment loan; no renewal provisions noted.
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