Grant Anticipation Note Proposed With Community Bank
City of RutlandCity · Rutland, VT- Disclosed value
- $7.2M CSO grant (short-term borrowing via Grant Anticipation Note; exact note amount not specified)
- From agenda
- Document date
- Jul 6, 2026
The 30-second brief
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.
Community Bank NA holds this financial services contract with City of Rutland. Its other public contracts on record include work for Dansville Public Library and Denmark Wd 1.
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Contract details
- Contract type
- Financial Services
- Amount
- $7.2M CSO grant (short-term borrowing via Grant Anticipation Note; exact note amount not specified)
- Document date
- July 6, 2026
- Vendor
- Community Bank NA
- Agency
- City of Rutland
- Source document
- Rutland Board of Aldermen Meeting Notice 2026-07-06 (Agenda)
Community Bank NA's other public contracts
More City of Rutland contracts
Questions about this contract
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.
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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.
What is City of Rutland currently buying?
Explore City of Rutland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.