Village Explores Loan Terms With Richland County Bank
Lone Rock villageCity · WI- Disclosed value
- $1,000,000 (proposed borrowing capacity referenced)
- From minutes
- Document date
- Aug 3, 2026
The 30-second brief
The Finance Committee discussed potential municipal financing with Richland County Bank for a proposed $1,000,000 loan to support Phase 1 sewer and water infrastructure on Forest Street lots. The bank was noted as offering favorable interest rates around 4.6–4.7% and strong willingness to work with the village, though no loan was formally approved.
Richland County Bank holds this financial services contract with Lone Rock village. Its other public contracts on record include work for Town of Richland and Richland Center Housing Authority.
Term as filed: Longest available term, discussed in context of 4.6–4.7% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,000,000 (proposed borrowing capacity referenced)
- Document date
- August 3, 2026
- Term
- Longest available term, discussed in context of 4.6–4.7% interest
- Vendor
- Richland County Bank
- Agency
- Lone Rock village
- Source document
- Village of Lone Rock Finance Committee Meeting Minutes 2026-08-03 (Minutes)
Richland County Bank's other public contracts
More Lone Rock village contracts
Questions about this contract
Who was awarded the financial services contract by Lone Rock village?
Richland County Bank was awarded this financial services contract by Lone Rock village, as recorded on August 3, 2026. The contract value is $1,000,000 (proposed borrowing capacity referenced).
How much is the Richland County Bank contract with Lone Rock village worth?
The Richland County Bank contract with Lone Rock village is valued at $1,000,000 (proposed borrowing capacity referenced), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Village of Lone Rock Finance Committee Meeting Minutes 2026-08-03 (Minutes), dated August 3, 2026 from Lone Rock village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Richland County Bank hold?
Richland County 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 Lone Rock village currently buying?
Explore Lone Rock village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.