Richland Village Council Minutes 2026-05-11
Huntington Bank installment loan balance reviewed
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Description
Richland Village Council reviewed the status of its installment loan with Huntington Bank for repaving D Avenue, noting a remaining balance of $46,179.37 with three annual payments left. The loan continues to finance the prior road improvement project.
Contract Details
Contract Amount
$46,179.37 remaining balance (three annual payments left)
Vendor
HUNTINGTON BANK
Agency
Richland village, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Installment loan for repaving D Avenue; three annual payments remaining as of May 11, 2026
Renewal Info
No renewal terms discussed; loan will conclude after three remaining annual payments are made.
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