FINANCIAL_SERVICESAPPROVED

City of Lake Butler Awards Financial Services Contract to Capital City Bank (June 2026)

The City of Lake Butler approved Resolution No. 2026‑04 authorizing a loan from Capital City Bank to finance splash park repairs at an interest rate of about 5.25%, with no prepayment penalty. Repayments may be structured semi‑annually or quarterly and could be retired early using proceeds from future property sales.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Capital City Bank
Agency
City of Lake Butler · FL

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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
Approximately at 5.25% interest; principal amount not specified
Contract type
FINANCIAL_SERVICES
Renewal
One-time project loan; no revolving renewal terms are described. Loan may be paid off early without penalty.
Document type
AgendaPacket
Source document
City of Lake Butler Agenda Packet 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lake Butler?

Capital City Bank was awarded this financial services contract by City of Lake Butler, as recorded on June 16, 2026. The contract value is Approximately at 5.25% interest; principal amount not specified.

How much is the Capital City Bank contract with City of Lake Butler worth?

The Capital City Bank contract with City of Lake Butler is valued at Approximately at 5.25% interest; principal amount not specified, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Lake Butler Agenda Packet 2026-06-16 (AgendaPacket), dated June 16, 2026 from City of Lake Butler. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capital City Bank hold?

Capital City 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 Capital City Bank's profile

What is City of Lake Butler currently buying?

Explore City of Lake Butler's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Lake Butler's profile

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