FINANCIAL_SERVICESAPPROVED

Town of York Awards Financial Services Contract to Woodford State Bank (March 2026)

The Town Board approved borrowing $60,000 from Woodford State Bank at 4.5% interest over five years to fund the Town's portion of a new New Glarus Fire Truck, with annual payments of $13,696.

Status
APPROVED
Document date
March 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Woodford State Bank
Agency
Town of York · IN

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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

Scope & details

The full contract record, as filed.

Contract amount
$60,000 loan (portion of fire truck purchase), 4.5% interest for five years, annual payment of $13,696
Contract type
FINANCIAL_SERVICES
Contract term
Five years (2026–2031), annual payments
Renewal date
2031-02-10
Renewal
Five-year loan term; repayment completes 2031. No reference to refinancing or renewal.
Document type
Agenda
Source document
Town of York Board Meeting Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of York?

Woodford State Bank was awarded this financial services contract by Town of York, as recorded on March 10, 2026. The contract value is $60,000 loan (portion of fire truck purchase), 4.5% interest for five years, annual payment of $13,696.

How much is the Woodford State Bank contract with Town of York worth?

The Woodford State Bank contract with Town of York is valued at $60,000 loan (portion of fire truck purchase), 4.5% interest for five years, annual payment of $13,696, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of York Board Meeting Agenda March 2026 (Agenda), dated March 10, 2026 from Town of York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Woodford State Bank hold?

Woodford State Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Woodford State Bank's profile

What is Town of York currently buying?

Explore Town of York's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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