From the state treasurer's web site:

The Municipal Equipment Loan Fund is governed by Vermont Statute Title 29, Chapter 61.

From the state treasurer's web site:

The Municipal Equipment Loan Fund was created for the purpose of providing loans on favorable terms to municipalities for the purchase of construction, fire, emergency or heavy equipment or vehicles.

The amount loaned shall be no more than 75% of the purchase price of the equipment and shall be repaid in no more than five years. For loans to a single municipality the interest rate is two percent. For loans to two or more municipalities jointly purchasing equipment, there shall be no interest assessed.

A committee, consisting of the State Treasurer, Secretary of Transportation, Commissioner of Public Safety and Commissioner of Motor Vehicles, reviews and approves applications.

At 10:31 AM 4/18/2007, you wrote:
All - We need to replace a fire truck.  Is there anything (loans/grants) offered by the state, or other entity?

Eugene Diou
Town of Weston
12 Lawrence Hill Road
POB 98
Weston, Vermont 05161-0098
802-824-6645 - phone
802-824-4121 - fax


Bobbi Brimblecombe
Marshfield Town Clerk
122 School Street, Room 1
Marshfield, VT 05658
(802) 426-3305
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