CONTRACTAPPROVED

City of Hurley Awards $2,925,000 Financing Contract to Chippewa Valley Bank (May 2025)

City of Hurley
Disclosed value
$2,925,000
From meeting minutes
Approved
May 13, 2025
Term
3 months

The 30-second brief

What it covers

The City of Hurley approved interim financing of $2,925,000 for the 2nd Avenue Reconstruction project through Chippewa Valley Bank. The financing has a term of 3 months with an interest rate of 4.75%.

Who holds it

Chippewa Valley Bank holds this financing contract with City of Hurley. Its other public contracts on record include work for Town of Spider Lake and Iron County.

What happens next

Term as filed: 3 months.

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Contract details

Contract type
Financing
Amount
$2,925,000
Document date
May 13, 2025
Term
3 months
Source document
city-of-hurley-meeting-minutes-2025-05-13_4dd.pdf (Meeting Minutes)

Chippewa Valley Bank's other public contracts

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Questions about this contract

Who was awarded the financing contract by City of Hurley?

Chippewa Valley Bank was awarded this financing contract by City of Hurley, as recorded on May 13, 2025. The contract value is $2,925,000.

How much is the Chippewa Valley Bank contract with City of Hurley worth?

The Chippewa Valley Bank contract with City of Hurley is valued at $2,925,000, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-hurley-meeting-minutes-2025-05-13_4dd.pdf (Meeting Minutes), dated May 13, 2025 from City of Hurley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Chippewa Valley Bank hold?

Chippewa Valley 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 City of Hurley currently buying?

Explore City of Hurley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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