Town Considers $645,000 Line of Credit for Plant Upgrade
- Disclosed value
- $645,000.00
- From agenda
- Document date
- Jan 7, 2026
The 30-second brief
The Council of Trappe is considering adoption of Ordinance 7-2025 to authorize a $645,000 line of credit with Shore United Bank, N.A., to finance upgrades to the wastewater treatment plant until grant funds from Maryland Department of the Environment are received. The Town pledges its full faith and credit toward repayment.
Shore United Bank N.A. holds this financial services contract with Town of Trappe.
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Contract details
- Contract type
- Financial Services
- Amount
- $645,000.00
- Document date
- January 7, 2026
- Vendor
- Shore United Bank N.A.
- Agency
- Town of Trappe
- Source document
- council_of_trappe_agenda_january_7_2026.pdf (Agenda)
Shore United Bank N.A.'s other public contracts
More Town of Trappe contracts
Questions about this contract
Who was awarded the financial services contract by Town of Trappe?
Shore United Bank N.A. was awarded this financial services contract by Town of Trappe, as recorded on January 7, 2026. The contract value is $645,000.00.
How much is the Shore United Bank N.A. contract with Town of Trappe worth?
The Shore United Bank N.A. contract with Town of Trappe is valued at $645,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in council_of_trappe_agenda_january_7_2026.pdf (Agenda), dated January 7, 2026 from Town of Trappe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Shore United Bank N.A. hold?
Shore United Bank N.A. 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 Trappe currently buying?
Explore Town of Trappe's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.