Town of Hardwick Debt Management Policy May 2026
Library Capital Project Financed Through VT Bond Bank
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Description
Hardwick secured a $550,000 VT Bond Bank loan to support library capital improvements, leaving $522,500 outstanding as of June 30, 2025. The debt will mature on November 1, 2043.
Contract Details
Contract Amount
$550,000
Vendor
VT BOND BANK
Agency
Town of Hardwick, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
Contract Term
Closing Date 8/10/2023; Final Maturity 11/1/2043
Renewal Date
2043-11-01
Renewal Info
20-year library capital loan maturing in 2043; no renewal terms specified.
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