Short-Term VT Bond Bank Loan for Lift Station
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Description
Hardwick has a short-term $1,700,000 financing agreement with VT Bond Bank to fund lift station repairs under SCRP, closing January 8, 2026 and maturing January 8, 2027. The report shows no outstanding balance as of the latest date.
Contract Details
Contract Amount
$1,700,000
Vendor
VT BOND BANK
Agency
Town of Hardwick, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
Contract Term
Closing Date 1/8/2026; Final Maturity 1/8/2027
Renewal Date
2027-01-08
Renewal Info
One-year note scheduled to mature on 1/8/2027; any renewal or refinancing would require new authorization.
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