Lamoille North Supervisory Union and Lamoille North Modified Unified Union School District Board Minutes of Meeting 2026-05-11
FY27 Tax Anticipation Note Awarded to Union Bank
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Description
The district awarded its FY27 Tax Anticipation Note to Union Bank, citing higher investment earnings and alignment with existing banking relationships. The approval followed a competitive bid process and passed with one abstention.
Contract Details
Vendor
UNION BANK
Agency
Lamoille North Modified USD 058A, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
FY27
Renewal Date
2027-06-30
Renewal Info
Single-year tax anticipation borrowing for FY27; future borrowing will require new board action.
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