Carlisle Select Board Minutes January 2026
Fire Station Project Design Loan Awarded to Unibank
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Description
The Carlisle Select Board approved awarding a $1.4 million, 1-year loan for the Fire Station Renovation Project Design to Unibank for Savings at a 3.5% interest rate. This rate is lower than initially budgeted and was the only bid received for the project financing.
Contract Details
Contract Amount
$1,400,000
Vendor
UNIBANK FOR SAVINGS
Agency
Town of Carlisle, MA
Contract Type
FINANCIAL_SERVICES
Document Date
January 27, 2026
Contract Term
1 year at 3.5% interest (potential rollover to larger project loan)
Renewal Date
2027-01-27
Renewal Info
Funds for design may be rolled into a larger construction project loan upon future approval.
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