FINANCIAL_SERVICESONGOING

Village Moves To Refinance Passumpsic Bank Credit Line

Barton Village continues its $300,000 line of credit with Passumpsic Bank for the electric department and authorized staff to begin refinancing it before the July 2026 due date. The credit facility was originally established in July 2025 in response to delayed revenue.

Status
ONGOING
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Passumpsic Bank
Agency
Barton village · VT

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$300,000 line of credit
Contract type
FINANCIAL_SERVICES
Contract term
Originated July 2025, due July 2026
Renewal date
2026-07-31
Renewal
Existing $300,000 line of credit originated July 2025 and matures July 2026; trustees authorized refinancing but new terms are not yet defined.
Document type
Minutes
Source document
Barton Village, Inc. Regular Trustees Meeting Minutes 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Barton village?

Passumpsic Bank was awarded this financial services contract by Barton village, as recorded on June 9, 2026. The contract value is $300,000 line of credit.

How much is the Passumpsic Bank contract with Barton village worth?

The Passumpsic Bank contract with Barton village is valued at $300,000 line of credit, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Barton Village, Inc. Regular Trustees Meeting Minutes 2026-06-09 (Minutes), dated June 9, 2026 from Barton village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Passumpsic Bank hold?

Passumpsic 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.

View Passumpsic Bank's profile

What is Barton village currently buying?

Explore Barton village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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