Warren Selectboard Agenda Packet February 2026
Warren Selectboard Approves $150K Bond Anticipation Loan
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Description
The Warren Selectboard approved a $150,000 bond anticipation note with Northfield Savings Bank to provide a line of credit for engineering and architectural costs, effective February 11, 2026 through February 11, 2027 at 4.25% interest. This short-term financing covers expenses prior to bond proceeds receipt.
Contract Details
Contract Amount
$150,000.00
Vendor
NORTHFIELD SAVINGS BANK
Agency
Town of Warren, VT
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
February 11, 2026 – February 11, 2027 (1 year)
Renewal Date
2027-02-11
Renewal Info
No automatic renewal. Note matures February 11, 2027. Not a replacement of any previous notes.
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