Town of Lorain Board Meeting Minutes March 2026
Town Approves Ten-Year Loan With Sterling Bank
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Description
The Town of Lorain Board approved a ten-year loan agreement with Sterling Bank to convert the remaining balance of the 25th Street project construction line of credit into a regular term loan. This action restructures existing project debt into longer-term financing.
Contract Details
Vendor
STERLING BANK
Agency
Town of Lorain, WI
Contract Type
FINANCIAL_SERVICES
Document Date
March 12, 2026
Contract Term
Ten-year loan
Renewal Date
2036-03-12
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town-of-lorain-board-meeting-minutes-september-10-2025_de3.pdf
town-of-lorain-board-meeting-minutes-september-10-2025_de3.pdf
town-of-lorain-board-meeting-minutes-september-10-2025_de3.pdf
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