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City of Rutland Awards Bond Contract to Vermont Municipal Bond Bank (July 2025)

City of Rutland logoCity of Rutland
Disclosed value
$5.25 million
From minutes
Approved
Jul 21, 2025

The 30-second brief

What it covers

The City of Rutland will borrow $5.25 million through VT Municipal Bond Bank for infrastructure projects, including $2.5M for water mains, $1M for sidewalk improvements, and $1.75M for the Giorgetti chiller project. Approvals made to begin drawing on the bond.

Who holds it

Vermont Municipal Bond Bank holds this bond contract with City of Rutland. Its other public contracts on record include work for Lincoln Town School District and City of Montpelier.

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Contract details

Contract type
Bond
Amount
$5.25 million
Document date
July 21, 2025
Term
NA
Vendor
Vermont Municipal Bond Bank
Agency
City of Rutland
Source document
city-of-rutland-board-of-aldermen-minutes-july-21-2025_4d2.pdf (Minutes)

Vermont Municipal Bond Bank's other public contracts

Lincoln Town School District, VermontDistrict Continues Repayment of Bond Bank Financing · Jul 30, 2026$2MCity of Montpelier, VermontCity Prepares $8M Bond with Vermont Municipal Bond Bank · Jul 8, 2026City of Winooski, VermontCity Certifies Completion of Bond-Funded Fire Truck · Jun 15, 2026UndisclosedTown of Wheelock, VermontTown Applies to Vermont Bond Bank for Refinancing · Jun 2, 2026UndisclosedTown of North Hero, VermontBond Interest Payment Listed for Vermont Municipal Bond Bank · Apr 20, 2026$30.3KAll Vermont Municipal Bond Bank contractsVendor profile

More City of Rutland contracts

Vermont Aesthetics PLLCRutland Approves $5,000 Grant for Vermont Aesthetics · Oct 19, 2026$5KThomas Turf SolutionsField Turf Rehabilitation Purchase Listed for Thomas Turf · Oct 7, 2026$5.6KAmerican Refrigeration Company IncRefrigeration Service Contract Renewal Listed · Oct 7, 2026UndisclosedCn Wood Enviro LLCSidewalk Tractor Purchase Listed for CN Wood Enviro · Oct 7, 2026$7.5KGCSSCADA Computer Purchase Listed for GCS · Oct 7, 2026$14.4KAll City of Rutland activityAgency profile

Questions about this contract

Who was awarded the bond contract by City of Rutland?

Vermont Municipal Bond Bank was awarded this bond contract by City of Rutland, as recorded on July 21, 2025. The contract value is $5.25 million.

How much is the Vermont Municipal Bond Bank contract with City of Rutland worth?

The Vermont Municipal Bond Bank contract with City of Rutland is valued at $5.25 million, covering bond work.

What type of contract is this?

This is a Bond contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-rutland-board-of-aldermen-minutes-july-21-2025_4d2.pdf (Minutes), dated July 21, 2025 from City of Rutland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vermont Municipal Bond Bank hold?

Vermont Municipal Bond 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 Rutland currently buying?

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

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