CONTRACTAPPROVED

Town of Dewey Beach Awards $1,900,000 Loan Contract to New Jersey Infrastructure Bank (June 2025)

Disclosed value: $1,900,000; From resolution
Approved: Jun 9, 2025
Term: Short term

What it covers

Township of Verona to issue a short term note to the I-Bank in an aggregate principal amount of up to $1,900,000 for construction financing.

Who holds it

New Jersey Infrastructure Bank holds this loan contract with Town of Dewey Beach. Its other public contracts on record include work for Town of Hammonton and Township of Belleville.

What happens next

Term as filed: Short term.

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Contract details

Contract type: Loan
Amount: $1,900,000
Document date: June 9, 2025
Term: Short term
Vendor: New Jersey Infrastructure Bank
Agency: Town of Dewey Beach
Source document: township_of_verona_resolution_2025_116.pdf (Resolution)

New Jersey Infrastructure Bank's other public contracts

Town of Hammonton, New JerseyHammonton Seeks $4.9 Million Water Bank Note · Sep 28, 2026 Township of Belleville, New JerseyBelleville Considers $5 Million Water Infrastructure Note · Sep 21, 2026 Borough of Haledon, New JerseyInfrastructure Bank Financing Approved for Meter Program · Sep 10, 2026 Borough of Haledon, New JerseyInfrastructure Bank Financing Approved for Water Main Project · Sep 10, 2026 Borough of Pennington, New JerseyBorough Seeks NJ Infrastructure Bank Loans for Water Projects · Aug 27, 2026Undisclosed All New Jersey Infrastructure Bank contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Town of Dewey Beach?

New Jersey Infrastructure Bank was awarded this loan contract by Town of Dewey Beach, as recorded on June 9, 2025. The contract value is $1,900,000.

How much is the New Jersey Infrastructure Bank contract with Town of Dewey Beach worth?

The New Jersey Infrastructure Bank contract with Town of Dewey Beach is valued at $1,900,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in township_of_verona_resolution_2025_116.pdf (Resolution), dated June 9, 2025 from Town of Dewey Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Jersey Infrastructure Bank hold?

New Jersey Infrastructure 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.

What is Town of Dewey Beach currently buying?

Explore Town of Dewey Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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