University Park Recreation District Awards Financial Services Contract to Regions Capital Advantage (August 2024)
University Park Recreation DistrictSpecial District · Orlando, FL- Disclosed value
- Up to $5,000,000 including interest
- From agendapacket
- Approved
- Aug 9, 2024
- Term
- Two-year loan
The 30-second brief
The Board authorized a two-year Series 2024 Note of up to $5 million with Regions Capital Advantage to finance irrigation improvements if bond issuance is delayed. The floating-rate loan, including interest within the $5 million cap, will be repaid through non-ad valorem assessments only if needed.
Regions Capital Advantage holds this financial services contract with University Park Recreation District. Its other public contracts on record include work for State Fair Community College and Hamilton Southeastern Schools.
Term as filed: Two-year loan.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $5,000,000 including interest
- Document date
- August 9, 2024
- Term
- Two-year loan
- Source document
- University Park Recreation District Board Meeting Agenda Packet August 2024 (AgendaPacket)
Regions Capital Advantage's other public contracts
More University Park Recreation District contracts
Questions about this contract
Who was awarded the financial services contract by University Park Recreation District?
Regions Capital Advantage was awarded this financial services contract by University Park Recreation District, as recorded on August 9, 2024. The contract value is Up to $5,000,000 including interest.
How much is the Regions Capital Advantage contract with University Park Recreation District worth?
The Regions Capital Advantage contract with University Park Recreation District is valued at Up to $5,000,000 including interest, 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 University Park Recreation District Board Meeting Agenda Packet August 2024 (AgendaPacket), dated August 9, 2024 from University Park Recreation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Regions Capital Advantage hold?
Regions Capital Advantage may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is University Park Recreation District currently buying?
Explore University Park Recreation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.