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FINANCIAL_SERVICESAPPROVED

The Village of Gays Mills Minutes 2026-05-04

$180,000 Sewer Line of Credit Approved with Royal Bank

$180,000, interest rate 3.24% for ten yearsGays Mills villageROYAL BANKMay 4, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Village Board approved a $180,000 sewer line of credit with Royal Bank at 3.24% interest over ten years to finance sewer infrastructure needs.

Contract Details

Contract Amount

$180,000, interest rate 3.24% for ten years

Vendor

ROYAL BANK

Agency

Gays Mills village, WI

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

ten years

Renewal Date

2036-05-04

Renewal Info

Ten-year line of credit, interest rate 3.24% as per Resolution 2026-04

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