Town of Avilla Minutes 2026-03-18
Avilla to pay off sewer loan early with Bank of NY
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Description
The Avilla Town Council voted 3-0 to pay off its sewer loan with Bank of NY early using proceeds from a CD maturing in May. This action changes the town’s existing financial arrangement with the bank.
Contract Details
Vendor
BANK OF NY
Agency
Town of Avilla, IN
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Renewal Date
2026-05-31
Renewal Info
Existing sewer loan with Bank of NY will be paid off early using CD proceeds maturing in May 2026, terminating the loan ahead of schedule.
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