Glendive City Council Agenda Packet 2026-05-05
Ambulance Financing Approved with Stockman Bank
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Description
Glendive City Council approved a loan agreement with Stockman Bank to finance the new ambulance purchase, up to $298,966. Loan matures December 31, 2026 at 3.73% interest.
Contract Details
Contract Amount
Up to $298,966; interest 3.73%
Vendor
STOCKMAN BANK
Agency
City of Glendive, MT
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Amortized over five years; matures December 31, 2026
Renewal Date
2026-12-31
Renewal Info
Five-year amortized municipal loan via revenue bond; matures December 31, 2026.
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Glendive City Council Agenda Packet 2026-05-05
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