Town of Leyden Select Board Meeting Minutes 2026-06-15
Leyden Renews $372K MLP Loan with Greenfield Co-op
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Description
The Town of Leyden Select Board approved a one-year renewal of the MLP loan with Greenfield Cooperative Bank for $372,051.28 at 3.2% interest, with an estimated $11,872.57 in interest, due July 2027. The action includes execution of loan note documents, clerk certification, and tax-exempt certificates.
Contract Details
Contract Amount
$372,051.28 at 3.2% with an estimated interest of $11,872.57
Vendor
GREENFIELD COOPERATIVE BANK
Agency
Town of Leyden, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
One-year term, due July 2027
Renewal Date
2027-07-31
Renewal Info
Renewal of existing MLP loan for a one-year term at 3.2% interest, maturing July 2027; no additional renewal options stated.
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Town of Leyden Select Board Meeting Minutes 2026-06-08
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