CONTRACTAPPROVED

Downsville village Awards Financial Services Contract to Bank of Pontiac (November 2023)

Downsville village logoDownsville village
Disclosed value
$170,000 (5 years, 6.5% interest, $125 closing fee)
From meeting minutes
Approved
Nov 9, 2023
Term
5 years
Renews
Free account

The 30-second brief

What it covers

Bank of Pontiac has been selected to provide 5-year financing for the Village of Downs' Hydro Vac purchase, totaling $170,000 at 6.5% interest.

Who holds it

Bank of Pontiac holds this financial services contract with Downsville village. Its other public contracts on record include work for Paxton-Buckley-Loda CUD 10 and Melvin village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Downsville village contract.

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Contract details

Contract type
Financial Services
Amount
$170,000 (5 years, 6.5% interest, $125 closing fee)
Document date
November 9, 2023
Term
5 years
Renews
Free account
Source document
downsville-village-pt-meeting-minutes-2023-11-09_681.pdf (Meeting Minutes)

Bank of Pontiac's other public contracts

More Downsville village contracts

Questions about this contract

Who was awarded the financial services contract by Downsville village?

Bank of Pontiac was awarded this financial services contract by Downsville village, as recorded on November 9, 2023. The contract value is $170,000 (5 years, 6.5% interest, $125 closing fee).

How much is the Bank of Pontiac contract with Downsville village worth?

The Bank of Pontiac contract with Downsville village is valued at $170,000 (5 years, 6.5% interest, $125 closing fee), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in downsville-village-pt-meeting-minutes-2023-11-09_681.pdf (Meeting Minutes), dated November 9, 2023 from Downsville village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Pontiac hold?

Bank of Pontiac 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 Downsville village currently buying?

Explore Downsville village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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