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FINANCIAL_SERVICESAPPROVED

Village of Soldiers Grove Board Meeting Minutes January 14 2026

Village Approves $2.5M Line of Credit for Sewer Project

$2.5 millionSoldiers Grove villagePEOPLE’S STATE BANKJanuary 14, 2026

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Veritone logo
TerraCycle logo
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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
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Description

The Village of Soldiers Grove approved opening a $2.5 million line of credit with People’s State Bank at 3.45% interest for 2026. The LOC will bridge costs for Phase 2 of the sewer plant project until DNR funding is available.

Contract Details

Contract Amount

$2.5 million

Vendor

PEOPLE’S STATE BANK

Agency

Soldiers Grove village, WI

Contract Type

FINANCIAL_SERVICES

Document Date

January 14, 2026

Contract Term

1 year note for 2026 at 3.45% interest, interest collected at maturity

Renewal Date

2026-12-31

Renewal Info

Single-year note for 2026; no renewal terms described.

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