County certifies fire tanker loan as tax free
HENDERSON COUNTY–Commissioners’ Court of Henderson County adopted a resolution June 7 certifying tax-exempt status of a loan that the Log Cabin Fire Department received to finance a new fire tanker truck.
The volunteer department is utilizing a $220,000 Texas Forest Service grant as a down payment on the $374,087 cost for the Pierce fire truck, Log Cabin Fire Chief Cory Abbe said, with the rest financed through a Simmons Bank 15-year loan with 3.75 percent interest, he said.