City of Vergennes Council Meeting Agenda April 28 2026
City Amends GAN With National Bank of Middlebury
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Description
The Vergennes City Council approved an amendment to its Grant Anticipation Note with National Bank of Middlebury, increasing the borrowing authority to $263,669 through June 30, 2026. The financing will cover engineering and construction expenses for the city’s Wastewater Treatment Facility upgrade.
Contract Details
Contract Amount
$263,669.00
Vendor
NATIONAL BANK OF MIDDLEBURY
Agency
City of Vergennes, VT
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Contract Term
Through June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Original GAN approved January 27, 2026 for $99,439; amended April 14, 2026 to $263,669, valid through June 30, 2026.
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