Town of Elizabethtown Regular Board Meeting Minutes March 2026
Town Renews $4.5M BAN With Fiscal Advisor
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Description
The Town of Elizabethtown renewed a $4.5 million Bond Anticipation Note through Fiscal Advisor for one year to cover FEMA-related project costs until reimbursement is received. The BAN carries a 3.55% interest rate in an interest-bearing account.
Contract Details
Contract Amount
four and half million dollars
Vendor
FISCAL ADVISOR
Agency
Town of Elizabethtown, NY
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Contract Term
one year
Renewal Date
2027-03-24
Renewal Info
One-year renewal of existing Bond Anticipation Note; eligible for FEMA interest reimbursement.
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