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22) OMB - Loan for Bagdad Volunteer Fire MSBU

Commission Regular Meeting · 2026-06-11 · agenda_item

This item concerns a planned loan from the General Fund to the Bagdad Volunteer MSBU. The loan amount is $92,405 and will be repaid over 5 years at a 4% annual percentage rate. This financial arrangement is currently under review by the Santa Rosa County Commission. The approval of this loan would provide funding for the Bagdad Volunteer Fire MSBU. This project is in its early stages, with the loan approval being the current focus. Potential work could involve the acquisition of new equipment or upgrades to existing facilities for the fire department. Local contractors, suppliers, and service providers are encouraged to monitor this item's progress. Early engagement could offer an advantage as plans develop and specific needs are identified.

loan amount
92405 $
loan term
5 years
APR
4 %

Industries that could win this work

  • Government Authority
  • Lending & Credit
  • General Contractor
  • Construction (Other)
  • Building & Industrial Supply
  • Durable Goods Wholesale
  • Admin Services (Other)
  • Other Services (Misc)

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