With one of its engines not operational and one that recently sustained damage during a house fire, the Harvard Fire Protection District’s board decided Tuesday to secure a bank loan to fund a new pumper truck.
Over the past few weeks, board president Thomas Condon and trustee Josh Kelnhofer met with a number of banks to secure financing for the engine.
After a visit with officials at Harvard State Bank, Condon said the bank is willing to offer financing up to $450,000 and is offering a number of loan options, including one with a fixed interest rate of 3.2 percent.
Terms have yet to be determined, but the board approved moving forward with Harvard State Bank without opposition.
Two bids for the work were opened during a special meeting earlier in the day, but Condon said only one met specific requirements that the district is looking for.