Commissioners to hold public hearing about loan to Endy Volunteer Fire Department
Published 9:47 am Thursday, July 2, 2020
Citizens who reside in the Endy Fire Service District are encouraged to attend the upcoming Stanly County Commissioner’s meeting at 6 p.m. Monday for a public hearing about a proposed tax-exempt loan for the Endy Volunteer Fire Department.
The loan, which is not to exceed $691,000, is from Uwharrie Bank to the department for the refinance of a Kenworth T-440 tanker truck with attachments purchased in 2019, according to a public notice issued by the county. The loan will also finance a new 2020 model Ferrara engine truck with attachments.
The financing will be secured by a security interest in or lien upon all or some portion of the project financed.
The hearing will be at the Stanly County Commons Meeting Room.