Rockland village Minutes Regular Meeting 2026-04-14
Rockland Village Approves $1M Interim Loan from River Bank
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Description
The Village of Rockland Board approved interim financing from River Bank for $1,000,000 to fund the Wastewater Treatment Plant project. This interim loan features a fixed 3.95% interest rate and requires no payment until August 2028.
Contract Details
Contract Amount
$1,000,000
Vendor
RIVER BANK
Agency
Rockland village, WI
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Until August 2028
Renewal Date
2028-08-31
Renewal Info
No automatic renewal; fixed term until August 2028. No prepayment penalty applies.
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