Kelsey Evans

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Video: $1.2 Million Loan Approved

COLUMBUS, Miss. (WCBI) – A Columbus neighborhood soon could see some relief and some of the city’s most-pressing equipment needs will be met.

The City Council approved borrowing up to $1.2 million from Trustmark Bank to buy a fire truck, dump truck and brush truck during Tuesday’s (12/18) meeting.

The money will also help with major improvements to 14th Avenue North.

The 1.52% interest rate on the five-year note is one of the lowest in the state on a similar package. Consultants credited the city’s financial management with the low rate.

The money will be available in early January.