FINANCIAL_SERVICESDISCUSSED

Town Discusses $175,000 Fire Truck Loan with First National Bank

The Town of Clifton discussed obtaining a $175,000 General Obligation Promissory Note from First National Bank to finance its share of a new fire truck for Prescott Fire and EMS. The proposed 10-year loan carries a 4.55% interest rate with annual payments beginning July 1, 2027, and is prepayable at any time.

Status
DISCUSSED
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First National Bank
Agency
Town of Clifton · WI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$175,000
Contract type
FINANCIAL_SERVICES
Contract term
10-year term, annual payments starting July 1, 2027, at 4.55% interest; prepayable at any time
Renewal date
2037-07-01
Renewal
Single 10-year borrowing with annual payments; no renewal terms mentioned, but loan is prepayable at any time.
Document type
Minutes
Source document
Town of Clifton Minutes Public Hearing and Board Meeting 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Clifton?

First National Bank was awarded this financial services contract by Town of Clifton, as recorded on June 2, 2026. The contract value is $175,000.

How much is the First National Bank contract with Town of Clifton worth?

The First National Bank contract with Town of Clifton is valued at $175,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Clifton Minutes Public Hearing and Board Meeting 2026-06-02 (Minutes), dated June 2, 2026 from Town of Clifton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Clifton currently buying?

Explore Town of Clifton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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