Town Plans Bond With VT Municipal Bond Bank
Town of NewburyCity · VT- Disclosed value
- $700,000
- From minutes
- Document date
- Feb 25, 2025
- Term
- 20 years (planned amortization)
- Renews
- Free account
The 30-second brief
The Town intends to secure a $700,000 bond from the VT Municipal Bond Bank to partially finance construction of the new fire station. The planned bond would carry an interest rate of about 4.02% with a hoped-for 20-year amortization.
Vt Municipal Bond Bank holds this financial services contract with Town of Newbury. Its other public contracts on record include work for City of Rutland and Blue Mountain USD 21.
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Contract details
- Contract type
- Financial Services
- Amount
- $700,000
- Document date
- February 25, 2025
- Term
- 20 years (planned amortization)
- Renews
- On record
- Vendor
- Vt Municipal Bond Bank
- Agency
- Town of Newbury
- Source document
- Town of Newbury Board of Selectpersons Special Information Meeting Minutes 2025-02-25 (Minutes)
Vt Municipal Bond Bank's other public contracts
More Town of Newbury contracts
Questions about this contract
Who was awarded the financial services contract by Town of Newbury?
Vt Municipal Bond Bank was awarded this financial services contract by Town of Newbury, as recorded on February 25, 2025. The contract value is $700,000.
How much is the Vt Municipal Bond Bank contract with Town of Newbury worth?
The Vt Municipal Bond Bank contract with Town of Newbury is valued at $700,000, 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 Town of Newbury Board of Selectpersons Special Information Meeting Minutes 2025-02-25 (Minutes), dated February 25, 2025 from Town of Newbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Vt Municipal Bond Bank hold?
Vt Municipal Bond 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 Newbury currently buying?
Explore Town of Newbury's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.