FINANCIAL_SERVICESPENDING

Millbrook Evaluates Bank Financing For Highway Truck

The Village of Millbrook is evaluating financing for the $26,000 balance of its new highway truck purchase. Bank of Millbrook quoted a 3.25% interest rate for a five-year SIB, with final bank-bid approval planned for September 9, 2026.

Document date · August 26, 2026

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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
$26,000 principal; $28,535 total five-year debt service, including $2,535 interest
Contract type
FINANCIAL_SERVICES
Contract term
5-year SIB; first payment due in 2027
Document type
Minutes
Source document
Village of Millbrook Minutes Board of Trustees Meeting Minutes - Second Meeting 2026-08-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Millbrook?

Bank of Millbrook was awarded this financial services contract by Village of Millbrook, as recorded on August 26, 2026. The contract value is $26,000 principal; $28,535 total five-year debt service, including $2,535 interest.

How much is the Bank of Millbrook contract with Village of Millbrook worth?

The Bank of Millbrook contract with Village of Millbrook is valued at $26,000 principal; $28,535 total five-year debt service, including $2,535 interest, 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 Village of Millbrook Minutes Board of Trustees Meeting Minutes - Second Meeting 2026-08-26 (Minutes), dated August 26, 2026 from Village of Millbrook. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Millbrook hold?

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