Town of Vernon Awards Financing Contract to BANTERRA (May 2025)
Town of VernonCity · SD- Approved
- May 5, 2025
- Term
- 5 or 7 year
The 30-second brief
Banterra provided the low quote of 3.95% rate for both 5 and 7 year terms. Recommendation is to move forward with Banterra on the loan. Expected to be completed by the beginning of June.
BANTERRA holds this financing contract with Town of Vernon. Its other public contracts on record include work for Pope Co CUD 1 and Harrisburg Public Library District.
Term as filed: 5 or 7 year.
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Contract details
- Contract type
- Financing
- Document date
- May 5, 2025
- Term
- 5 or 7 year
- Vendor
- BANTERRA
- Agency
- Town of Vernon
- Source document
- town-of-vernon-city-council-minutes-pavement-striping-parking-lot-sealing-demolition-projects-may-5-2025_2e7.pdf (Minutes)
BANTERRA's other public contracts
More Town of Vernon contracts
Questions about this contract
Who was awarded the financing contract by Town of Vernon?
BANTERRA was awarded this financing contract by Town of Vernon, as recorded on May 5, 2025.
What type of contract is this?
This is a Financing contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-vernon-city-council-minutes-pavement-striping-parking-lot-sealing-demolition-projects-may-5-2025_2e7.pdf (Minutes), dated May 5, 2025 from Town of Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does BANTERRA hold?
BANTERRA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Town of Vernon currently buying?
Explore Town of Vernon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.