Red Hook WatchIndependent Community Resource

Salisbury Bank Line of Credit Renewal - Amended

↑Meetings/Documents/res::26-2016::2016-10-17::_10172016-22
Inline resolution2016-10-17#26-2016
Original file not available onlineView version history →Meeting on 2016-10-17 →

Salisbury Bank Line of Credit Renewal - Amended

Resolution #26-2016 — 2016-10-17

RESOLVED

  • the interest rate on the line of credit from Salisbury Bank is hereby set at 1.88% for a two year term
  • the Mayor is authorized to sign the line of credit note and any ancillary documents with the interest rate set at 1.88% per loan documents