Naugatuck Valley Health District Board Minutes December 2025
Application for $5 Million ION Bank Construction Loan Approved
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Description
NVHD Board authorized the Director to apply for a $5 million construction loan from ION Bank to finance facility renovations. No contract has been entered yet; application submission authorized.
Contract Details
Contract Amount
$5 million (loan application; not yet approved as contract)
Vendor
ION BANK
Agency
City of Derby, CT
Contract Type
FINANCIAL_SERVICES
Document Date
December 16, 2025
Renewal Info
Loan application only; actual contract and any renewal/extension to occur upon future Board decision.
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