Weatherly Borough Council Meeting Minutes January 2026
Tax Anticipation Loan Approved with Mauch Chunk Trust Company
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Description
The Council authorized issuance of a $125,000 Tax and Revenue Anticipation Note to Mauch Chunk Trust Company at 4.25% interest, maturing December 31, 2026, to support current municipal expenditures.
Contract Details
Contract Amount
$125,000.00 (plus interest at 4.25%)
Vendor
MAUCH CHUNK TRUST COMPANY
Agency
Borough of Weatherly, PA
Contract Type
FINANCIAL_SERVICES
Document Date
January 28, 2026
Contract Term
2026 (matures December 31, 2026)
Renewal Date
2026-12-31
Renewal Info
Note is redeemable at any time by municipality; one-year term; payable at maturity.
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