Town of Richmond Board Meeting Minutes 2026-05-14
Town Renews $1 Million Line of Credit
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Description
The Town of Richmond Board voted to renew a $1,000,000 line of credit with FNC Bank, New Richmond. The line of credit will be used only if state grant funds are not received and operating funds are needed.
Contract Details
Contract Amount
$1,000,000
Vendor
FNC BANK NEW RICHMOND
Agency
Town of Richmond, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Renewal Info
Line of credit renewed in the amount of $1,000,000, to be drawn only if Town Road Improvement Supplemental Program grant proceeds are not received.
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