FINANCIAL_SERVICESAPPROVED

Town of Raymore Awards Financial Services Contract to Raymore Credit Union (March 2026)

The Town of Raymore Council approved using up to $1,000,000 from reserve accounts at Raymore Credit Union and authorized an additional $750,000, 10-year loan at 3% interest with $88,000 annual payments to fund arena upgrades. This financing package supports the Raymore Arena renovation project through a combination of reserves and long-term debt.

Status
APPROVED
Document date
March 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Raymore Credit Union
Agency
Town of Raymore · Canada

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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
Up to $1,000,000 from reserves plus $750,000 loan at 3% interest (annual payment $88,000)
Contract type
FINANCIAL_SERVICES
Contract term
10-year term for the $750,000 loan
Renewal date
2036-03-20
Renewal
10-year fixed-term loan; no renewal or extension terms are specified in the minutes.
Document type
Minutes
Source document
Town of Raymore Minutes Special Meeting 2026-03-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Raymore?

Raymore Credit Union was awarded this financial services contract by Town of Raymore, as recorded on March 20, 2026. The contract value is Up to $1,000,000 from reserves plus $750,000 loan at 3% interest (annual payment $88,000).

How much is the Raymore Credit Union contract with Town of Raymore worth?

The Raymore Credit Union contract with Town of Raymore is valued at Up to $1,000,000 from reserves plus $750,000 loan at 3% interest (annual payment $88,000), 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 Town of Raymore Minutes Special Meeting 2026-03-20 (Minutes), dated March 20, 2026 from Town of Raymore. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raymore Credit Union hold?

Raymore Credit Union 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 Raymore Credit Union's profile

What is Town of Raymore currently buying?

Explore Town of Raymore's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Raymore's profile

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