Thornapple Township Board Meeting Minutes November 2025
Township Board Approves 5-Year Loan with Cumberland Bank
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Description
Thornapple Township Board approved a 5-year, 5.5% interest loan with Cumberland Bank to consolidate two existing loans. Board chair will proceed to finalize the agreement.
Contract Details
Contract Amount
5 year loan at 5.5%
Vendor
CUMBERLAND BANK
Agency
Town of Thornapple, WI
Contract Type
FINANCIAL_SERVICES
Document Date
November 11, 2025
Contract Term
5 years
Renewal Date
2030-11-11
Renewal Info
Standard loan; term is 5 years; no mention of renewal or extension options in minutes.
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