Town of Spring Brook Board Meeting Minutes March 2026
Town Approves $100,000 Loan With Dairy State Bank
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Description
The Town of Spring Brook board approved a five-year $100,000 loan with Dairy State Bank at 5.35% interest to finance the purchase of a used 2021 Freightliner plow/dump truck. The first loan payment will be due in March 2027.
Contract Details
Contract Amount
$100,000
Vendor
DAIRY STATE BANK
Agency
Town of Spring Brook, WI
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
Five-year loan at fixed 5.35% interest; first payment due March 2027
Renewal Info
Single five-year financing term approved; no renewal or extension options were discussed.
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