Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Utilities Infrastructure Loan With US Bank Nears Maturity
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Description
US Bank, via the Virginia Resources Authority Pooled Financing Program, finances town utilities projects, with $710,000 principal outstanding and a 3.125% rate, maturing October 2027.
Contract Details
Contract Amount
$1,305,000 original; $710,000 principal balance (as of 6/30/25)
Vendor
US BANK (VIRGINIA RESOURCES AUTHORITY POOLED FINANCING PROGRAM)
Agency
Town of Lovettsville, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Origination: 2015; Maturity: October 2027
Renewal Date
2027-10-01
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Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
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