CONTRACTAPPROVED

City of Franklin Awards $500,000 Line Of Credit Contract to Dean Cooperative Bank (September 2025)

Disclosed value: $500,000.00; From minutes
Approved: Sep 30, 2025

What it covers

Franklin Housing Authority has entered into a Line of Credit agreement with Dean Cooperative Bank for $500,000.00. The agreement, dated August 26, 2025, allows the Bank to provide a line of credit with the real properties located at 245 Daniels Street, Franklin, Massachusetts and 57-59 Ruggles Street, Franklin, Massachusetts as collateral.

Who holds it

Dean Cooperative Bank holds this line of credit contract with City of Franklin.

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Contract details

Contract type: Line Of Credit
Amount: $500,000.00
Document date: September 30, 2025
Term: NA
Vendor: Dean Cooperative Bank
Agency: City of Franklin
Source document: franklin_housing_authority_special_meeting_minutes.pdf (Minutes)

Dean Cooperative Bank's other public contracts

City of Franklin, MassachusettsFranklin Housing Authority receives $500,000 loan from bank · Sep 30, 2025$500K All Dean Cooperative Bank contractsVendor profile

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Questions about this contract

Who was awarded the line of credit contract by City of Franklin?

Dean Cooperative Bank was awarded this line of credit contract by City of Franklin, as recorded on September 30, 2025. The contract value is $500,000.00.

How much is the Dean Cooperative Bank contract with City of Franklin worth?

The Dean Cooperative Bank contract with City of Franklin is valued at $500,000.00, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a minutes record.

Where was this contract approved?

This contract appears in franklin_housing_authority_special_meeting_minutes.pdf (Minutes), dated September 30, 2025 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Dean Cooperative Bank hold?

Dean Cooperative 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.

What is City of Franklin currently buying?

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

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