FINANCIAL_SERVICESPENDING

Grant Anticipation Note Proposed With Community Bank

The Rutland City Treasurer will seek Board of Aldermen approval for a Grant Anticipation Note with Community Bank NA to provide short-term borrowing tied to the $7.2 million CSO grant. The note will supply interim financing for the combined sewer overflow project until grant funds are received.

Status
PENDING
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Bank Na
Agency
City of Rutland · VT

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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
$7.2M CSO grant (short-term borrowing via Grant Anticipation Note; exact note amount not specified)
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
Rutland Board of Aldermen Meeting Notice 2026-07-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Rutland?

Community Bank Na was awarded this financial services contract by City of Rutland, as recorded on July 6, 2026. The contract value is $7.2M CSO grant (short-term borrowing via Grant Anticipation Note; exact note amount not specified).

How much is the Community Bank Na contract with City of Rutland worth?

The Community Bank Na contract with City of Rutland is valued at $7.2M CSO grant (short-term borrowing via Grant Anticipation Note; exact note amount not specified), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rutland Board of Aldermen Meeting Notice 2026-07-06 (Agenda), dated July 6, 2026 from City of Rutland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Bank Na hold?

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

View Community Bank Na's profile

What is City of Rutland currently buying?

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

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