Select Board signs $490,000 grader loan from CNB at 4.95%
August 31, 2026 | Derby, Orleans County, Vermont
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The Select Board reviewed and signed paperwork for a five-year grader loan with CNB for $490,000 at an interest rate of 4.95%, formalizing financing for heavy equipment used in town roadwork.
The loan documents were reviewed in open session and signed by the Board during the meeting. No member opposed the financing decision as recorded in the minutes.
The loan documents were reviewed in open session and signed by the Board during the meeting. No member opposed the financing decision as recorded in the minutes.
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