Line of Creditpending

$500,000 LOC for Vergennes Opera House Project

City Council to approve staff's recommendation to facilitate a $500,000 Line of Credit (LOC) from the National Bank of Middlebury to enable the Friends of the Vergennes Opera House to use the LOC for gap or bridge funding, if needed, during the construction of the All Access elevator project.

Document date · October 8, 2024

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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
$500,000
Contract type
Line of Credit
Contract term
NA
Renewal date
NA
Renewal
NA
Document type
Minutes
Source document
city-of-vergennes-city-council-meeting-minutes-october-8-2024_606.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the line of credit contract by Town of Vergennes?

National Bank of Middlebury was awarded this line of credit contract by Town of Vergennes, as recorded on October 8, 2024. The contract value is $500,000.

How much is the National Bank of Middlebury contract with Town of Vergennes worth?

The National Bank of Middlebury contract with Town of Vergennes is valued at $500,000, covering line of credit work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-vergennes-city-council-meeting-minutes-october-8-2024_606.pdf (Minutes), dated October 8, 2024 from Town of Vergennes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does National Bank of Middlebury hold?

National Bank of Middlebury 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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