FINANCIAL_SERVICESPENDING

Ion Bank Details Financing Proposal for Harrison Project

Ion Bank proposed up to $17.1 million in construction-to-permanent financing for the Harrison Avenue mixed-use redevelopment in Waldwick, including a 24-month interest-only period and a subsequent 10-year amortizing mortgage term.

Document date · August 25, 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
Up to $17,100,000
Contract type
FINANCIAL_SERVICES
Contract term
24-month interest-only construction period with up to two 6-month extensions; 10-year permanent term thereafter
Renewal
Construction period includes up to two 6-month extensions; permanent phase has a 10-year term with tri-annual rate resets. Renewals beyond the 10-year term would require a new agreement.
Document type
AgendaPacket
Source document
Borough of Waldwick AgendaPacket Special Meeting 2026-08-25

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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?

Ion Bank was awarded this financial services contract by Borough of Waldwick, as recorded on August 25, 2026. The contract value is Up to $17,100,000.

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

The Ion Bank contract with Borough of Waldwick is valued at Up to $17,100,000, 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 AgendaPacket Special Meeting 2026-08-25 (AgendaPacket), dated August 25, 2026 from Borough of Waldwick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ion Bank hold?

Ion 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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