Community to purchase new fire truck as part of partnership

The town of Lapel and Stony Creek Township in Madison County will team to purchase a $350,000 pumper and rescue truck for the fire department serving the area.  The Indiana Bond Bank and 5th-3rd Bank will offer a ten-year lease with an interest rate of just over 4%.  The new truck will replace a truck purchased in the 1970’s that’s starting to wear out.