Council weighs $2M water LOC with Arvest Bank
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Description
Republic City Council is considering Ordinance 26-11 to authorize the Chief Financial Officer to secure a $2 million line of credit with Arvest Bank to support short-term cash flow for water system improvements. The line of credit will be a special, limited obligation backed only by Water Fund revenues.
Contract Details
Contract Amount
$2,000,000
Vendor
ARVEST BANK
Agency
City of Republic city, MO
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
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