FINANCIAL_SERVICESAWARDED

Town of Milan Awards Financial Services Contract to Bank of Millbrook (June 2026)

The Town of Milan awarded Bank of Millbrook a five‑year financing agreement for $285,000 in bonds at 3.25% interest to fund acquisition of a new Highway Department truck. The Supervisor is authorized to complete all actions needed for the bond issuance.

Status
AWARDED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Millbrook
Agency
Town of Milan · NY

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

Scope & details

The full contract record, as filed.

Contract amount
$285,000 (bonds at 3.25% interest)
Contract type
FINANCIAL_SERVICES
Contract term
5 years
Renewal date
2031-06-15
Renewal
Bond financing for five years; renewal or refunding not specified in the resolution.
Document type
Minutes
Source document
Town of Milan Minutes Regular Town Board Meeting 2026-06-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Milan?

Bank of Millbrook was awarded this financial services contract by Town of Milan, as recorded on June 15, 2026. The contract value is $285,000 (bonds at 3.25% interest).

How much is the Bank of Millbrook contract with Town of Milan worth?

The Bank of Millbrook contract with Town of Milan is valued at $285,000 (bonds at 3.25% interest), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Milan Minutes Regular Town Board Meeting 2026-06-15 (Minutes), dated June 15, 2026 from Town of Milan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Millbrook hold?

Bank of Millbrook 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 Bank of Millbrook's profile

What is Town of Milan currently buying?

Explore Town of Milan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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