CONTRACTPENDING

Middletown Valley Bank proposes $10M credit line

Town of Boonsboro
Disclosed value
$10,000,000
From proposal
Document date
Aug 9, 2024
Term
Demand, renewed annually

The 30-second brief

What it covers

Middletown Valley Bank proposes a revolving line of credit up to $10,000,000 for the Town of Boonsboro. The credit will be used for capital improvement projects. Includes monthly interest-only payments and options for interest rate structures.

Who holds it

Middletown Valley Bank holds this revolving line of credit contract with Town of Boonsboro. Its other public contracts on record include work for Rosemont village and Town of Mount Airy.

What happens next

Term as filed: Demand, renewed annually.

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Contract details

Contract type
Revolving Line Of Credit
Amount
$10,000,000
Document date
August 9, 2024
Term
Demand, renewed annually
Source document
town-of-boonsboro-proposal-2024-08-09_935.pdf (Proposal)

Middletown Valley Bank's other public contracts

More Town of Boonsboro contracts

Questions about this contract

Who was awarded the revolving line of credit contract by Town of Boonsboro?

Middletown Valley Bank was awarded this revolving line of credit contract by Town of Boonsboro, as recorded on August 9, 2024. The contract value is $10,000,000.

How much is the Middletown Valley Bank contract with Town of Boonsboro worth?

The Middletown Valley Bank contract with Town of Boonsboro is valued at $10,000,000, covering revolving line of credit work.

What type of contract is this?

This is a Revolving Line Of Credit contract, documented as a proposal record.

Where was this contract approved?

This contract appears in town-of-boonsboro-proposal-2024-08-09_935.pdf (Proposal), dated August 9, 2024 from Town of Boonsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Middletown Valley Bank hold?

Middletown Valley 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.

What is Town of Boonsboro currently buying?

Explore Town of Boonsboro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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