FINANCIAL_SERVICESAPPROVED

Milltown village Awards $176,800 Financial Services Contract to Sterling Bank (August 2026)

Milltown authorized a $176,800.00 loan from Sterling Bank to finance water tower restoration, with a 10-year amortization and quarterly payments at a 7.25% taxable rate. The loan supports the village’s major water infrastructure project.

Status
APPROVED
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Sterling Bank
Agency
Milltown village · WI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$176,800.00
Contract type
FINANCIAL_SERVICES
Contract term
10-year amortization; quarterly payments of $6,254.36
Renewal date
2036-08-10
Renewal
Standard 10-year loan agreement; no renewal or extension options stated.
Document type
Minutes
Source document
Village of Milltown Regular Village Board Meeting Minutes 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Milltown village?

Sterling Bank was awarded this financial services contract by Milltown village, as recorded on August 10, 2026. The contract value is $176,800.00.

How much is the Sterling Bank contract with Milltown village worth?

The Sterling Bank contract with Milltown village is valued at $176,800.00, 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 Milltown Regular Village Board Meeting Minutes 2026-08-10 (Minutes), dated August 10, 2026 from Milltown village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sterling Bank hold?

Sterling 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.

View Sterling Bank's profile

What is Milltown village currently buying?

Explore Milltown village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Milltown village's profile

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