Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Fernandina Beach General Employees' Pension Plan Board of Trustees Meeting AgendaPacket May 2026

Trustees Approve Valley Bank Purchase Card Program

Cap at $12,500 total balanceCity of Fernandina BeachVALLEY BANKMay 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board of Trustees approved the use of a Valley Bank purchase card with a total balance cap of $12,500 to pay hotel expenses for trustees attending trainings. The card program will support travel-related payments and is structured to accrue interest on deposited balances.

Contract Details

Contract Amount

Cap at $12,500 total balance

Vendor

VALLEY BANK

Agency

City of Fernandina Beach, FL

Contract Type

FINANCIAL_SERVICES

Document Date

May 14, 2026

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