city_council_meeting_agenda_december_2025.pdf
One Florida Bank Outbid on Chipley Equipment Loan
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Description
One Florida Bank provided a financing quote of $74,719.90 at 5.025% interest over seven annual payments for Chipley’s Vermeer Vacuum Excavator purchase. The quote was not selected, as the City opted for a lower-rate loan from Capital City Bank.
Contract Details
Contract Amount
Quote: $74,719.90 at 5.025% interest, 7 annual payments
Vendor
ONE FLORIDA BANK
Agency
City of Chipley, FL
Contract Type
FINANCIAL_SERVICES
Document Date
December 9, 2025
Contract Term
Quoted term: 7 annual payments
Renewal Info
Single financing quote for consideration only; no contract or renewal was executed with the City.
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