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FINANCIAL_SERVICESAPPROVED

Monkton Selectboard Meeting Minutes April 2026

Monkton Approves Grader Loan with National Bank of Middlebury

$161,930Town of MonktonNATIONAL BANK OF MIDDLEBURYApril 28, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Monkton Selectboard authorized a $161,930 financing agreement with National Bank of Middlebury to purchase a road grader through the municipal equipment loan program. Final review of the application is expected at the bank’s annual meeting in May.

Contract Details

Contract Amount

$161,930

Vendor

NATIONAL BANK OF MIDDLEBURY

Agency

Town of Monkton, VT

Contract Type

FINANCIAL_SERVICES

Document Date

April 28, 2026

Contract Term

Loan term not specified; tied to municipal equipment loan program

Renewal Info

One-time equipment financing agreement; repayment schedule and maturity date were not specified in the minutes.

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