Town Authorizes Bonds, Financing Option With EFC
Trusted by teams at
Description
The Town of Montgomery authorized up to $2,484,625 in bonds or notes to finance Lake Vue Water District improvements, with the option to sell the obligations to the New York State Environmental Facilities Corporation. The Supervisor may execute project finance or loan agreements and issue notes to the Corporation consistent with New York Local Finance Law.
Contract Details
Contract Amount
$2,484,625
Vendor
NEW YORK STATE ENVIRONMENTAL FACILITIES CORPORATION
Agency
Town of Montgomery, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
Contract Term
Up to 40-year bond period of probable usefulness
Renewal Info
Single bond and/or note issuance with a maximum probable usefulness of 40 years; no recurring renewal terms specified.
More from NEW YORK STATE ENVIRONMENTAL FACILITIES CORPORATION
More from Town of Montgomery
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.