Town of Cavendish Annual Town Meeting Warning Feb 2026
Cavendish Makes Annual Payment on Deficit Refunding Note
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Description
A deficit refunding note with Berkshire Bank is providing Cavendish with annual $35,714 principal payments, with the note concluding in May 2027. This supports town financial stability.
Contract Details
Contract Amount
$240,000 Deficit Refunding Note
Vendor
BERKSHIRE BANK
Agency
Town of Cavendish, VT
Contract Type
FINANCIAL_SERVICES
Document Date
February 26, 2026
Contract Term
Borrowed May 1, 2020; payment of $35,714 annually; final due May 1, 2027
Renewal Date
2027-05-01
Renewal Info
Scheduled annual payments through maturity, final payment due May 2027. No further automatic renewals indicated.
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town-of-cavendish-capital-plan-fy-2027-2032_477.pdf
town-of-cavendish-capital-plan-fy-2027-2032_477.pdf
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Cavendish Select Board Meeting Minutes March 2026
Town of Cavendish Annual Town Meeting Warning Feb 2026
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