FINANCIAL_SERVICESAPPROVED

Rio Community School District Awards Financial Services Contract to Farmers & Merchant Union Bank (June 2024)

The Rio Community School District Board approved a $506,135.06 financing arrangement with Farmers & Merchant Union Bank at 6% interest over 10 years to fund a roofing project. The financing was authorized following board discussion and approved by voice vote with four votes in favor.

Status
APPROVED
Document date
June 17, 2024
Contract type
FINANCIAL_SERVICES
Vendor
Farmers & Merchant Union Bank
Agency
Rio Community School District · WI

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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
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
$506,135.06 financed at 6% for 10 years
Contract type
FINANCIAL_SERVICES
Contract term
10 years at 6% interest
Renewal date
2034-06-17
Renewal
Ten-year fixed financing approved; no renewal or extension options were discussed in the minutes.
Document type
Minutes
Source document
Rio Community School District Board of Education Meeting Minutes June 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rio Community School District?

Farmers & Merchant Union Bank was awarded this financial services contract by Rio Community School District, as recorded on June 17, 2024. The contract value is $506,135.06 financed at 6% for 10 years.

How much is the Farmers & Merchant Union Bank contract with Rio Community School District worth?

The Farmers & Merchant Union Bank contract with Rio Community School District is valued at $506,135.06 financed at 6% for 10 years, 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 Rio Community School District Board of Education Meeting Minutes June 2024 (Minutes), dated June 17, 2024 from Rio Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers & Merchant Union Bank hold?

Farmers & Merchant Union 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 Farmers & Merchant Union Bank's profile

What is Rio Community School District currently buying?

Explore Rio Community School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Rio Community School District's profile

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