Council of the Borough of Bedford Monthly Workshop Meeting Agenda 2026-06-16
Amendment to Borough Note with Hometown Bank Considered
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Description
Bedford Borough Council considers approving an amendment to the 2025 Note with Hometown Bank via a Note Modification Agreement, adjusting the payment schedule through the note's maturity. The original loan supported paving and water meter replacement projects.
Contract Details
Vendor
HOMETOWN BANK
Agency
Borough of Bedford, PA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
through the maturity date
Renewal Info
Note Modification Agreement will amend payment terms for the existing note; no automatic renewal indicated.
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