Town of Geddes Regular Board Meeting Agenda January 2026
Bond Anticipation Note Renewal with Solvay Bank for Payloader
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Description
The Town of Geddes approved the renewal of Bond Anticipation Note #48 with Solvay Bank for the 2022 Caterpillar Payloader in the amount of $89,173.92 at 3.85% interest. The supervisor is authorized to execute all related documents.
Contract Details
Contract Amount
$89,173.92 at an interest rate of 3.85%
Vendor
SOLVAY BANK
Agency
Town of Geddes, NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 13, 2026
Renewal Info
Renewal of existing financial note for equipment; further renewals may be possible per bank agreement terms.
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