Town of Carlton Landing Board of Trustees Agenda Packet 2026-05-16
$6 Million TIF Revenue Note Awarded to Firstar Bank
Trusted by teams at
Description
Carlton Landing approved issuing a Subordinate Lien Tax Increment Revenue Note, Taxable Series 2026, up to $6,000,000.00 to Firstar Bank. The negotiated note bears a variable Wall Street Prime minus 0.25% interest rate and matures June 1, 2032 to finance the Nature Center facilities and related project costs.
Contract Details
Contract Amount
Not to exceed $6,000,000.00
Vendor
FIRSTAR BANK
Agency
Town of Carlton Landing, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 16, 2026
Contract Term
Matures June 1, 2032; interest resets daily
Renewal Date
2032-06-01
Renewal Info
Subordinate lien tax increment revenue note with final maturity on 2032-06-01; may be prepaid from future senior TIF issuances but does not auto-renew.
More from FIRSTAR BANK
Related Contracts
Town of Carlton Landing Board of Trustees Agenda Packet 2026-05-16
RATIFIEDTown of Carlton Landing Economic Development Trust Agenda Packet 2026-05-16
APPROVEDTown of Carlton Landing Board of Trustees Agenda Packet 2026-05-16
PENDINGBoard of County Commissioners Regular Meeting Minutes April 2026
APPROVEDBoard of County Commissioners Regular Meeting Minutes April 2026
APPROVEDMore from Town of Carlton Landing
Rural Water, Sewer and Solid Waste Management District #20 Agenda Packet 2026-05-16
Rural Water, Sewer and Solid Waste Management District #20 Agenda Packet 2026-05-16
Rural Water, Sewer and Solid Waste Management District #20 Agenda Packet 2026-05-16
Rural Water, Sewer and Solid Waste Management District #20 Agenda Packet 2026-05-16
Town of Carlton Landing Board of Trustees Agenda Packet 2026-05-16
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.