FINANCIAL_SERVICESAPPROVED
City of Durand Agenda Packet 2026-05-27
Durand approves $2.6M note with Waumandee State Bank
Up to $2,601,000City of DurandWAUMANDEE STATE BANKMay 27, 2026
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Description
The City of Durand approved a general obligation promissory note of up to $2,601,000 with Waumandee State Bank at 3.85% interest for interim infrastructure financing. The borrowing will be repaid from state loan funds and the Local Road Improvement Program.
Contract Details
Contract Amount
Up to $2,601,000
Vendor
WAUMANDEE STATE BANK
Agency
City of Durand, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
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