FINANCIAL_SERVICESDISCUSSED

Union Bank Electric Department Loan Option Discussed

The village treasurer presented a financing option from Union Bank for the electric department involving a $88,000 fixed-rate capital improvements loan and a supplemental line of credit. Trustees discussed the structure but did not approve a borrowing agreement at this meeting.

Status
DISCUSSED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Union Bank
Agency
Johnson village · VT

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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
$88K loan for 5 years at 5.25% plus additional line of credit (amount not specified)
Contract type
FINANCIAL_SERVICES
Contract term
5 years for $88K term loan; line of credit term not specified
Document type
Minutes
Source document
Johnson Village Trustee Board Minutes 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Johnson village?

Union Bank was awarded this financial services contract by Johnson village, as recorded on July 13, 2026. The contract value is $88K loan for 5 years at 5.25% plus additional line of credit (amount not specified).

How much is the Union Bank contract with Johnson village worth?

The Union Bank contract with Johnson village is valued at $88K loan for 5 years at 5.25% plus additional line of credit (amount not specified), 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 Johnson Village Trustee Board Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Johnson village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Union Bank hold?

Union 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.

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What is Johnson village currently buying?

Explore Johnson village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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