FINANCIAL_SERVICESAPPROVED

City of Lake Butler Awards Financial Services Contract to Capital City Bank (May 2026)

The City Commission adopted Resolution No. 2026-04 authorizing a loan from Capital City Bank to fund the Splash Park Repair Project at an interest rate of roughly 5.25%. The loan allows early repayment without penalty and will be serviced on a semi-annual or quarterly schedule.

Status
APPROVED
Document date
May 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Capital City Bank
Agency
City of Lake Butler · FL

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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

Scope & details

The full contract record, as filed.

Contract amount
Loan at approximately 5.25% interest; amount not specified
Contract type
FINANCIAL_SERVICES
Renewal
Standard bank loan; may be paid off early without penalty. No renewals or extensions were discussed.
Document type
Minutes
Source document
City of Lake Butler Regular City Commission Meeting Minutes 2026-05-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lake Butler?

Capital City Bank was awarded this financial services contract by City of Lake Butler, as recorded on May 19, 2026. The contract value is Loan at approximately 5.25% interest; amount not specified.

How much is the Capital City Bank contract with City of Lake Butler worth?

The Capital City Bank contract with City of Lake Butler is valued at Loan at approximately 5.25% interest; amount not specified, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lake Butler Regular City Commission Meeting Minutes 2026-05-19 (Minutes), dated May 19, 2026 from City of Lake Butler. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capital City Bank hold?

Capital City 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.

View Capital City Bank's profile

What is City of Lake Butler currently buying?

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

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