Village Approves $550,000 Capital Loan with Johnson Bank
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Description
The Village of Kohler Board approved a $550,000 borrowing agreement with Johnson Bank to finance 2026 capital outlay. The loan carries a two-year term at 3.75% interest following recommendation from the Finance Committee.
Contract Details
Contract Amount
$550,000
Vendor
JOHNSON BANK
Agency
Kohler village, WI
Contract Type
FINANCIAL_SERVICES
Document Date
April 20, 2026
Contract Term
2-year term at 3.75% interest
Renewal Info
Two-year borrowing; no renewal terms discussed in the minutes.
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