Fauquier County Water & Sanitation Authority Minutes Regular Meeting 2026-04-13
Certificate of Deposit Renewed with Prospect Bank
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Description
The council renewed a General Fund Certificate of Deposit with Prospect Bank for $612,353.51 plus interest at a 4% rate for a five-month term. The renewal was approved unanimously during the regular meeting.
Contract Details
Contract Amount
$612,353.51, plus interest
Vendor
PROSPECT BANK
Agency
Fauquier County Water & Sanitation Authority, VA
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
5 months at 4% interest
Renewal Date
2026-09-13
Renewal Info
Renewed for 5 months at 4% interest; prior CD matured; can be renewed at end of term.
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RENEWEDIssuing Agency
Fauquier County Water & Sanitation Authority
Special District
Warrenton, VA
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Fauquier County Water & Sanitation Authority Minutes Regular Meeting 2026-04-13
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