CONTRACTPENDING

Town Considers $2M Credit Line for Capital Projects

Town of Boonsboro
Disclosed value
$2,000,000
From meeting minutes
Document date
Mar 10, 2025
Term
Revolving Line of Credit

The 30-second brief

What it covers

Town considers a $2 million revolving line of credit from Middletown Valley Bank to finance Capital Improvement Projects, exploring alternative bank offers for beneficial terms.

Who holds it

Middletown Valley Bank holds this financing contract with Town of Boonsboro. Its other public contracts on record include work for Rosemont village and Town of Mount Airy.

What happens next

Term as filed: Revolving Line of Credit.

See who signed off on this $2M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financing
Amount
$2,000,000
Document date
March 10, 2025
Term
Revolving Line of Credit
Source document
town-of-boonsboro-meeting-minutes-2025-03-10_3d5.pdf (Meeting Minutes)

Middletown Valley Bank's other public contracts

More Town of Boonsboro contracts

Questions about this contract

Who was awarded the financing contract by Town of Boonsboro?

Middletown Valley Bank was awarded this financing contract by Town of Boonsboro, as recorded on March 10, 2025. The contract value is $2,000,000.

How much is the Middletown Valley Bank contract with Town of Boonsboro worth?

The Middletown Valley Bank contract with Town of Boonsboro is valued at $2,000,000, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-boonsboro-meeting-minutes-2025-03-10_3d5.pdf (Meeting Minutes), dated March 10, 2025 from Town of Boonsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Middletown Valley Bank hold?

Middletown Valley Bank 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 Town of Boonsboro currently buying?

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

Work in government? Get Civic IQ free →