Town of Hardwick Debt Management Policy May 2026
Bridgman Reservoir Roof Backed by State Loan
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Description
Hardwick's water enterprise fund is financing the Bridgman Reservoir Roof with a $462,096 State Rev Loan Fund loan, leaving $287,370 outstanding as of June 30, 2025. The loan matures on June 1, 2050.
Contract Details
Contract Amount
$462,096
Vendor
STATE REV LOAN FUND
Agency
Town of Hardwick, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
Contract Term
Closing Date 6/1/2021; Final Maturity 6/1/2050
Renewal Date
2050-06-01
Renewal Info
Long-term state revolving loan scheduled to mature in 2050; renewal terms are not indicated.
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