CONTRACTAPPROVED

Molalla Aquatic District Awards Financial Services Contract to Zion Bank (February 2024)

Molalla Aquatic District
Approved
Feb 27, 2024
Renews
Free account

The 30-second brief

What it covers

The Molalla Aquatic District Board approved a 10-year loan at 5.53% fixed APR with Zion Bank, which is affiliated with Commerce Bank of Oregon, to finance a purchase under a schedule of three payments per year. The loan carries no prepayment penalties and requires audit completion before funding.

Who holds it

Zion Bank holds this financial services contract with Molalla Aquatic District. Its other public contracts on record include work for Pajaro Valley Unified and Town of Milan.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Molalla Aquatic District contract.

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Contract details

Contract type
Financial Services
Document date
February 27, 2024
Term
10-year loan at fixed 5.53% APR; funded with 3 payments per year
Renews
Free account
Vendor
Zion Bank
Source document
Molalla Aquatic District Board Meeting Minutes February 2024 (Minutes)

Zion Bank's other public contracts

More Molalla Aquatic District contracts

Questions about this contract

Who was awarded the financial services contract by Molalla Aquatic District?

Zion Bank was awarded this financial services contract by Molalla Aquatic District, as recorded on February 27, 2024.

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 Molalla Aquatic District Board Meeting Minutes February 2024 (Minutes), dated February 27, 2024 from Molalla Aquatic District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Zion Bank hold?

Zion 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.

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What is Molalla Aquatic District currently buying?

Explore Molalla Aquatic District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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