CONTRACTAPPROVED

City of Sunray Awards Finance Contract to First Security Finance (May 2024)

City of Sunray
Approved
May 30, 2024
Term
20 years

The 30-second brief

What it covers

City of Blanco approves a Public Property Finance Act Lease Purchase Agreement with First Security Finance, Inc., as lessor. In a principal amount not to exceed $1,900,000, a maturity date of no later than December 31, 2044, and an interest rate of 5.49% per annum, for the purposes described therein, including to provide financing for the Project.

Who holds it

First Security Finance holds this finance contract with City of Sunray. Its other public contracts on record include work for Pajaro Sunny Mesa Community Services District and City of Ione.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Finance
Document date
May 30, 2024
Term
20 years
Source document
city-of-sunray-agenda-2024-05-30_78e.pdf (Agenda)

First Security Finance's other public contracts

More City of Sunray contracts

Questions about this contract

Who was awarded the finance contract by City of Sunray?

First Security Finance was awarded this finance contract by City of Sunray, as recorded on May 30, 2024.

What type of contract is this?

This is a Finance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-sunray-agenda-2024-05-30_78e.pdf (Agenda), dated May 30, 2024 from City of Sunray. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Security Finance hold?

First Security Finance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Sunray currently buying?

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

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