US Bancorp Lease for Automated Water Meters
Town of LovettsvilleCity · VA- Disclosed value
- $425,000 original loan; current principal balance $280,329 as of 6/30/25
- From budget
- Document date
- Jul 1, 2026
- Renews
- Free account
The 30-second brief
The Town of Lovettsville is repaying a US Bancorp governmental lease-financing agreement for automated water meters totaling $425,000 at 3.414% interest. Originated in 2019, the loan has a $280,329 remaining balance and will mature in February 2034.
Us Bancorp (Governmental Leasing & Finance) holds this financial services contract with Town of Lovettsville.
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Contract details
- Contract type
- Financial Services
- Amount
- $425,000 original loan; current principal balance $280,329 as of 6/30/25
- Document date
- July 1, 2026
- Term
- Origination 2019; maturity date February 2034
- Renews
- On record
- Vendor
- Us Bancorp (Governmental Leasing & Finance)
- Agency
- Town of Lovettsville
- Source document
- Town of Lovettsville Budget Fiscal Year 2027 Proposed Budget & Capital Improvement Plan 2026-07-01 (Budget)
Us Bancorp (Governmental Leasing & Finance)'s other public contracts
More Town of Lovettsville contracts
Questions about this contract
Who was awarded the financial services contract by Town of Lovettsville?
Us Bancorp (Governmental Leasing & Finance) was awarded this financial services contract by Town of Lovettsville, as recorded on July 1, 2026. The contract value is $425,000 original loan; current principal balance $280,329 as of 6/30/25.
How much is the Us Bancorp (Governmental Leasing & Finance) contract with Town of Lovettsville worth?
The Us Bancorp (Governmental Leasing & Finance) contract with Town of Lovettsville is valued at $425,000 original loan; current principal balance $280,329 as of 6/30/25, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in Town of Lovettsville Budget Fiscal Year 2027 Proposed Budget & Capital Improvement Plan 2026-07-01 (Budget), dated July 1, 2026 from Town of Lovettsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Town of Lovettsville currently buying?
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