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Loanapproved

town-of-westport-town-board-minutes-october-6-2025_8bd.pdf

DeForest Bank selected for town's 2026 borrowings

NATown of WestportDEFOREST MORRISONVILLE BANKOctober 6, 2025

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

Description

Lowest cost proposal from DeForest Morrisonville Bank at 5.18% interest with a ten-year term and no prepayment penalty has been approved.

Contract Details

Contract Amount

NA

Vendor

DEFOREST MORRISONVILLE BANK

Agency

Town of Westport, SD

Contract Type

Loan

Document Date

October 6, 2025

Contract Term

10 years

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