CONTRACTAPPROVED

Town of Swanzey Awards $2,500,000 Loan Agreement Contract to New Hampshire Municipal Bond Bank (June 2025)

Town of Swanzey logoTown of Swanzey
Disclosed value
$2,500,000
From agenda
Approved
Jun 4, 2025
Term
29 years

The 30-second brief

What it covers

The Town of Swanzey is authorized to issue a $2,500,000 bond to finance the construction and equipping of a new fire station, with the loan provided by the NH Municipal Bond Bank. The interest rate is capped at 5.75%, and the bond will mature over 29 years.

Who holds it

New Hampshire Municipal Bond Bank holds this loan agreement contract with Town of Swanzey. Its other public contracts on record include work for Town of Marlow and Town of Merrimack.

What happens next

Term as filed: 29 years.

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Contract details

Contract type
Loan Agreement
Amount
$2,500,000
Document date
June 4, 2025
Term
29 years
Source document
town-of-swanzey-board-of-selectmen-meeting-agenda-june-4-2025_f98.pdf (Agenda)

New Hampshire Municipal Bond Bank's other public contracts

More Town of Swanzey contracts

Questions about this contract

Who was awarded the loan agreement contract by Town of Swanzey?

New Hampshire Municipal Bond Bank was awarded this loan agreement contract by Town of Swanzey, as recorded on June 4, 2025. The contract value is $2,500,000.

How much is the New Hampshire Municipal Bond Bank contract with Town of Swanzey worth?

The New Hampshire Municipal Bond Bank contract with Town of Swanzey is valued at $2,500,000, covering loan agreement work.

What type of contract is this?

This is a Loan Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-swanzey-board-of-selectmen-meeting-agenda-june-4-2025_f98.pdf (Agenda), dated June 4, 2025 from Town of Swanzey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Hampshire Municipal Bond Bank hold?

New Hampshire 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 Town of Swanzey currently buying?

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

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