FINANCIAL_SERVICESPENDING

Village considers $400,000 loan with Croghan Colonial Bank

The Village of New London is considering an ordinance to authorize a commercial loan agreement with Croghan Colonial Bank for up to $400,000 to fund construction and improvements at Reservoir Park & Campgrounds. Ordinance 2025-40 is scheduled for its first reading on December 8, 2025, with authorization granted to the Village Administrator and Fiscal Officer to execute the loan.

Status
PENDING
Document date
December 8, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Croghan Colonial Bank
Agency
Town of New London · OH

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WithersRavenel logo
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Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $400,000.00
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
village_of_new_london_council_agenda_december_8_20.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of New London?

Croghan Colonial Bank was awarded this financial services contract by Town of New London, as recorded on December 8, 2025. The contract value is Not to exceed $400,000.00.

How much is the Croghan Colonial Bank contract with Town of New London worth?

The Croghan Colonial Bank contract with Town of New London is valued at Not to exceed $400,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in village_of_new_london_council_agenda_december_8_20.md (Agenda), dated December 8, 2025 from Town of New London. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Croghan Colonial Bank hold?

Croghan Colonial 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 Croghan Colonial Bank's profile

What is Town of New London currently buying?

Explore Town of New London's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of New London's profile

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