US Bancorp Financing for Water Meter Project Ongoing
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Description
US Bancorp funds the town's automated water meter project, with $280,329 outstanding and a 2034 maturity date at 3.414% interest.
Contract Details
Contract Amount
$425,000 original; $280,329 principal balance (as of 6/30/25)
Vendor
US BANCORP (GOVERNMENTAL LEASING & FINANCE)
Agency
Town of Lovettsville, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Origination: 2019; Maturity: February 2034
Renewal Date
2034-02-01
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Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
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