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Salisbury Bank Line of Credit Renewal - Amended

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1 versions2016-10-17#26-2016inline resolution

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  1. 12016-10-17
    Salisbury Bank Line of Credit Renewal - Amended
    inline resolutionmeeting · 2016-10-17 · resolution 26-2016 · amended

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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