Port Austin Village Council Meeting Minutes June 9 2025
Council Approves $1.5M Project Loan from Local Bank
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Description
Port Austin Village Council approved a $1.5 million, 15-year loan from Port Austin State Bank to support the construction of the 4 Season Farmers Market project.
Contract Details
Contract Amount
$1.5 millions
Vendor
PORT AUSTIN STATE BANK
Agency
Town of Port Austin, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2025
Contract Term
15 years
Renewal Date
2040-06-09
Renewal Info
Loan term is 15 years with details governed by standard loan documents. No renewal referenced.
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