FINANCIAL_SERVICESPENDING

ConnectOne Bank Proposes $17M PILOT-Conditioned Loan

ConnectOne Bank issued a soft quote to finance the Harrison Avenue Redevelopment in Waldwick with a construction facility up to $17 million. The proposed 24-month interest-only loan includes a six-month extension option, floating Prime-based interest, and is conditioned on approval of a 30-year PILOT by the township.

Document date · September 2, 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

Scope & details

The full contract record, as filed.

Contract amount
Loan Amount: lesser of $17,000,000 or 65% LTC or 60% LTV
Contract type
FINANCIAL_SERVICES
Contract term
24 months plus 6 month extension option
Renewal
Proposal includes a single 6-month extension option subject to standard conditions; no automatic renewal beyond the initial 24-month term plus extension is indicated.
Document type
AgendaPacket
Source document
Borough of Waldwick Special Meeting Agenda Packet 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Waldwick?

Connectone Bank was awarded this financial services contract by Borough of Waldwick, as recorded on September 2, 2026. The contract value is Loan Amount: lesser of $17,000,000 or 65% LTC or 60% LTV.

How much is the Connectone Bank contract with Borough of Waldwick worth?

The Connectone Bank contract with Borough of Waldwick is valued at Loan Amount: lesser of $17,000,000 or 65% LTC or 60% LTV, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Borough of Waldwick Special Meeting Agenda Packet 2026-09-08 (AgendaPacket), dated September 2, 2026 from Borough of Waldwick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Connectone Bank hold?

Connectone Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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