Longswamp Discusses Maintenance Building Financing with Key Bank
Town of LongswampCity · Mertztown, PA- Disclosed value
- Interest rate anticipated at approximately 4.75%; approximately $35,000 in monthly payments for a seven-year loan
- From minutes
- Document date
- Sep 8, 2026
The 30-second brief
Longswamp Township discussed potential municipal maintenance building financing with Key Bank. Officials anticipated an interest rate of about 4.75%, with a seven-year loan producing monthly payments of approximately $35,000.
Key Bank holds this financial services contract with Town of Longswamp. Its other public contracts on record include work for Union Springs Central School District and Unalaska City School District.
Term as filed: Seven-year loan; financing timing not specified.
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Contract details
- Contract type
- Financial Services
- Amount
- Interest rate anticipated at approximately 4.75%; approximately $35,000 in monthly payments for a seven-year loan
- Document date
- September 8, 2026
- Term
- Seven-year loan; financing timing not specified
- Vendor
- Key Bank
- Agency
- Town of Longswamp
- Source document
- Longswamp Township Minutes Board of Supervisors Meeting September 8, 2026 (Minutes)
Key Bank's other public contracts
More Town of Longswamp contracts
Questions about this contract
Who was awarded the financial services contract by Town of Longswamp?
Key Bank was awarded this financial services contract by Town of Longswamp, as recorded on September 8, 2026. The contract value is Interest rate anticipated at approximately 4.75%; approximately $35,000 in monthly payments for a seven-year loan.
How much is the Key Bank contract with Town of Longswamp worth?
The Key Bank contract with Town of Longswamp is valued at Interest rate anticipated at approximately 4.75%; approximately $35,000 in monthly payments for a seven-year loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Longswamp Township Minutes Board of Supervisors Meeting September 8, 2026 (Minutes), dated September 8, 2026 from Town of Longswamp. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Key Bank hold?
Key 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 Longswamp currently buying?
Explore Town of Longswamp's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.