FINANCIAL_SERVICESONGOING

Status of Capital Improvement Loan With Dime Bank

The treasurer reported on the town’s capital improvement loan with Dime Bank, originally $1,425,000, with a remaining balance of $462,522.44 and no recent disbursements. The financing supports capital improvement projects across the town.

Status
ONGOING
Document date
July 22, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Dime Bank
Agency
Town of Deep River · MI

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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
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
$1,425,000
Contract type
FINANCIAL_SERVICES
Renewal
Existing capital improvement loan remains in repayment with a current balance of $462,522.44; no new drawdowns this month.
Document type
Minutes
Source document
town-of-deep-river-board-of-finance-minutes-ladder-truck-repair-payloader-purchase-jul-22-2025_5df.pdf

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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 Deep River?

Dime Bank was awarded this financial services contract by Town of Deep River, as recorded on July 22, 2025. The contract value is $1,425,000.

How much is the Dime Bank contract with Town of Deep River worth?

The Dime Bank contract with Town of Deep River is valued at $1,425,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-deep-river-board-of-finance-minutes-ladder-truck-repair-payloader-purchase-jul-22-2025_5df.pdf (Minutes), dated July 22, 2025 from Town of Deep River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Dime Bank hold?

Dime 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 Dime Bank's profile

What is Town of Deep River currently buying?

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

View Town of Deep River's profile

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