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

Town of Clifton
Disclosed value
$175,000
From minutes
Document date
Jun 2, 2026
Renews
Free account

The 30-second brief

What it covers

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.

Who holds it

First National Bank holds this financial services contract with Town of Clifton. Its other public contracts on record include work for Mayfield City Schools and Kalamazoo Library District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Clifton contract.

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Contract details

Contract type
Financial Services
Amount
$175,000
Document date
June 2, 2026
Term
10-year term, annual payments starting July 1, 2027, at 4.55% interest; prepayable at any time
Renews
Free account
Vendor
First National Bank
Agency
Town of Clifton
Source document
Town of Clifton Minutes Public Hearing and Board Meeting 2026-06-02 (Minutes)

First National Bank's other public contracts

Mayfield City Schools, OhioFirst National Bank Depository Designation Recommended · Oct 27, 2026UndisclosedKalamazoo Library District, MichiganLibrary Maintains Investment Accounts With First National · Oct 23, 2026UndisclosedCity of Miami, OklahomaCity Presents First National Bank Charges · Oct 20, 2026$17KWilmington Area SD, PennsylvaniaSchool District Authorizes First National Bank Account Closure · Oct 20, 2026City of Miami, OklahomaMSUA Approves First National Mortgage Payment · Oct 20, 2026$1.2KAll First National Bank contractsVendor profile

More Town of Clifton contracts

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Questions about this contract

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.

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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.

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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