Clear Lake Village Board Minutes April 2026
Village approves $200,000 water loan from Pillar Bank
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Description
The Clear Lake Village Board approved a five-year, $200,000 loan from Pillar Bank at 5.5% interest to support water system needs. The motion passed with one trustee abstaining.
Contract Details
Contract Amount
$200,000 at 5.5% interest
Vendor
PILLAR BANK
Agency
Clear Lake village, WI
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
5 years
Renewal Date
2031-04-14
Renewal Info
Loan is for a fixed five-year term; any refinancing or extension would require new board action.
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