FINANCIAL_SERVICESAPPROVED

Delavan-Darien School District Awards $2,000,000 Financial Services Contract to Town Bank N.a. (August 2026)

The School District of Delavan-Darien approved and executed a taxable revolving line of credit with Town Bank, N.A. for up to $2,000,000 at a fixed 5.86% interest rate, supporting immediate operating and maintenance expenses for the 2026-2027 school year. The master promissory note runs from August 17, 2026, with all principal and interest due by November 1, 2027.

Status
APPROVED
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Town Bank N.a.
Agency
Delavan-Darien School District · WI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
August 17, 2026 – November 1, 2027
Renewal date
2027-11-01
Renewal
Commitment expires if loan documentation is not completed by October 1, 2026; the revolving line of credit and master note terminate at maturity on November 1, 2027 with no stated renewal or extension options.
Document type
Resolution
Source document
School District of Delavan-Darien Resolution Taxable Tax and Revenue Anticipation Promissory Note 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Delavan-Darien School District?

Town Bank N.a. was awarded this financial services contract by Delavan-Darien School District, as recorded on August 10, 2026. The contract value is $2,000,000.

How much is the Town Bank N.a. contract with Delavan-Darien School District worth?

The Town Bank N.a. contract with Delavan-Darien School District is valued at $2,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in School District of Delavan-Darien Resolution Taxable Tax and Revenue Anticipation Promissory Note 2026-08-10 (Resolution), dated August 10, 2026 from Delavan-Darien School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Town Bank N.a. hold?

Town Bank N.a. 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 Town Bank N.a.'s profile

What is Delavan-Darien School District currently buying?

Explore Delavan-Darien School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Delavan-Darien School District's profile

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