Sheridan Fire District Board Meeting Minutes February 2026
Debt Consolidation Approved with Columbia Bank
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Description
Sheridan Fire District board approved a debt consolidation proposal from Columbia Bank, including rolling a $40K June payment into a new 10-year loan. This action consolidates two existing Umpqua loans with a lower interest rate.
Contract Details
Vendor
COLUMBIA BANK
Agency
Sheridan Fire District, OR
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
10 years
Renewal Date
2036-02-10
Renewal Info
Three years before payoff allowed without penalty; agreement extends loans by 10 years.
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