Lowell Library Board awards contract to C.P. credit union

2013-06-25T00:05:00Z Lowell Library Board awards contract to C.P. credit unionMelanie Csepiga Times Correspondent nwitimes.com
June 25, 2013 12:05 am  • 

LOWELL | The Lowell Public Library Board recently awarded the contract for a tax anticipation warrant in the amount of $831,911 to Tech Credit Union, Crown Point.

The warrants are essentially loans based on expected property tax collections.

Library Director Gene Pidzarko said Tech Credit Union was the lone bidder, even though letters soliciting bids were sent to all local banks and the process was advertised.

"I'm pleased we got such a favorable rate," Pidzarko said of the .685 percent rate.

Copyright 2014 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



About Lowell

Lowell Town Hall

501 E Main Street Lowell, IN 46356
219.696.7794

Lowell Police Department

1333 E. Commercial Lowell, IN 46356
219.696.0411

Lowell Fire Department

P.O. Box 327
1331 E. Commercial Avenue Lowell, IN 46356
219.696.6144

Lowell Park Board

17105 Cline Avenue Lowell, IN 46356
219.696.1570

Tri–Creek School Corporation

195 West Oakley Avenue, Lowell, IN 46356
219.696.6661

Featured Businesses