City Plans Bank Financing for Capital Projects

Williston’s proposed FY 2026/27 budget anticipates $365,000 in bank loan proceeds and contemplates a larger $1.6 million financing package for vehicles, communication consoles, and infrastructure projects. The presentation includes sample 10- and 15-year amortization structures for the potential loan.

Scope & details

The full contract record, as filed.

Contract amount

$365,000 (general fund loan); $1.6M potential loan (city-wide capital projects)

Contract type

FINANCIAL_SERVICES

Contract term

10 or 15-year amortization options presented

Renewal

New loan(s) to be executed with a bank for 10 or 15-year terms; details such as lender name and final amortization will be set upon approval and closing.

Document type

Budget

Source document

City of Williston Budget Workshop Agenda and Proposed Budget 2026-08-11

Frequently asked questions

Common questions about this contract, answered from the record.

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

Bank Loan Proceeds was awarded this financial services contract by City of Williston, as recorded on August 11, 2026. The contract value is $365,000 (general fund loan); $1.6M potential loan (city-wide capital projects).

How much is the Bank Loan Proceeds contract with City of Williston worth?

The Bank Loan Proceeds contract with City of Williston is valued at $365,000 (general fund loan); $1.6M potential loan (city-wide capital projects), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Williston Budget Workshop Agenda and Proposed Budget 2026-08-11 (Budget), dated August 11, 2026 from City of Williston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank Loan Proceeds hold?

Bank Loan Proceeds 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 Bank Loan Proceeds's profile

What is City of Williston currently buying?

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

View City of Williston's profile