Baystone Financing Bid Rejected for Property Purchase

Scope & details

The full contract record, as filed.

Contract amount

Interest rate 5.37%, $0 loan origination fee, total payments $2,076,367 (bid not selected)

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

City of Galena Council Meeting Minutes April 2026

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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 Galena?

Baystone Government Finance was awarded this financial services contract by City of Galena, as recorded on April 13, 2026. The contract value is Interest rate 5.37%, $0 loan origination fee, total payments $2,076,367 (bid not selected).

How much is the Baystone Government Finance contract with City of Galena worth?

The Baystone Government Finance contract with City of Galena is valued at Interest rate 5.37%, $0 loan origination fee, total payments $2,076,367 (bid not selected), 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 City of Galena Council Meeting Minutes April 2026 (Minutes), dated April 13, 2026 from City of Galena. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Baystone Government Finance hold?

Baystone Government 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 Galena currently buying?

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

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