City of Richland Center Common Council Meeting Agenda April 21 2026
City Makes Loan Payment to Community First Bank
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Description
The City approved debt service payments totaling $106,758.22 to Community First Bank for the Haseltine/Westside Drive loan. The payment includes $102,000 in principal and $4,758.22 in interest.
Contract Details
Contract Amount
$106,758.22
Vendor
COMMUNITY FIRST BANK
Agency
City of Richland Center, WI
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
loan amortization through 2028
Renewal Date
2028-04-01
Renewal Info
Existing loan scheduled to mature April 1, 2028 as noted in treasurer’s report; no new renewal implied.
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