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Gulf Breeze Amends Synovus BAN to $16M for Facility Project

City of Gulf Breeze logoCity of Gulf Breeze
Disclosed value
$16,000,000 (maximum principal amount)
From agenda
Document date
Jun 1, 2026
Term
August 20, 2024 – August 20, 2027
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

City of Gulf Breeze approved an amendment reducing its Bond Anticipation Note with Synovus Bank from $32 million to $16 million for interim financing of the Thomas E. Lambert Reclamation Facility. Approximately $6 million will be repaid upon receipt of a state revolving fund loan, with the remaining principal to be refinanced or paid off by August 2027.

Who holds it

Synovus Bank holds this financial services contract with City of Gulf Breeze. Its other public contracts on record include work for Brighten Academy and South Indian River Water Control District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Gulf Breeze contract.

Contract details

Contract type
Financial Services
Amount
$16,000,000 (maximum principal amount)
Document date
June 1, 2026
Term
August 20, 2024 – August 20, 2027
Renews
Free account
Vendor
Synovus Bank
Agency
City of Gulf Breeze
Source document
City of Gulf Breeze Agenda 2026-06-01 (Agenda)

Synovus Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Gulf Breeze?

Synovus Bank was awarded this financial services contract by City of Gulf Breeze, as recorded on June 1, 2026. The contract value is $16,000,000 (maximum principal amount).

How much is the Synovus Bank contract with City of Gulf Breeze worth?

The Synovus Bank contract with City of Gulf Breeze is valued at $16,000,000 (maximum principal amount), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Gulf Breeze Agenda 2026-06-01 (Agenda), dated June 1, 2026 from City of Gulf Breeze. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Synovus Bank hold?

Synovus 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.

What is City of Gulf Breeze currently buying?

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

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