Addison Central Unified School District Awards $4,930,116 Line Of Credit Contract to National Bank of Middlebury (October 2025)
Addison Central Unified School DistrictSchool · Middlebury, VT- Disclosed value
- $4,930,116
- From minutes
- Approved
- Oct 13, 2025
- Term
- Due no later than June 30, 2026
The 30-second brief
Operating line of credit of $4,930,116 approved from National Bank of Middlebury, to cover shortfall between money going out for payroll and tax payments. Interest rate is 4.15%, and the line of credit is due no later than June 30, 2026.
National Bank of Middlebury holds this line of credit contract with Addison Central Unified School District. Its other public contracts on record include work for Tri Town Water District 1 and Town of Ferrisburgh.
Term as filed: Due no later than June 30, 2026.
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Contract details
- Contract type
- Line Of Credit
- Amount
- $4,930,116
- Document date
- October 13, 2025
- Term
- Due no later than June 30, 2026
- Source document
- addison_central_school_district_board_meeting_minu.pdf (Minutes)
National Bank of Middlebury's other public contracts
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Questions about this contract
Who was awarded the line of credit contract by Addison Central Unified School District?
National Bank of Middlebury was awarded this line of credit contract by Addison Central Unified School District, as recorded on October 13, 2025. The contract value is $4,930,116.
How much is the National Bank of Middlebury contract with Addison Central Unified School District worth?
The National Bank of Middlebury contract with Addison Central Unified School District is valued at $4,930,116, covering line of credit work.
What type of contract is this?
This is a Line Of Credit contract, documented as a minutes record.
Where was this contract approved?
This contract appears in addison_central_school_district_board_meeting_minu.pdf (Minutes), dated October 13, 2025 from Addison Central Unified School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does National Bank of Middlebury hold?
National Bank of Middlebury may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Addison Central Unified School District currently buying?
Explore Addison Central Unified School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.