CONTRACTAPPROVED

City of Moberly Awards Financial Services Contract to County Bank (November 2025)

City of Moberly logoCity of Moberly
Disclosed value
Total cost $179,700.74; annual payment $59,900.25; total interest $12,526.34
From minutes
Approved
Nov 17, 2025

The 30-second brief

What it covers

The City of Moberly approved a municipal lease agreement with County Bank to finance the 2025 equipment purchase at 3.7% interest, with an estimated total cost of $179,700.74. The lease features annual payments starting in late 2026 and no prepayment penalties or origination fees.

Who holds it

County Bank holds this financial services contract with City of Moberly. Its other public contracts on record include work for City of Kirksville and Poweshiek County.

What happens next

Term as filed: Annual payments beginning November/December 2026 (exact term not stated).

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Contract details

Contract type
Financial Services
Amount
Total cost $179,700.74; annual payment $59,900.25; total interest $12,526.34
Document date
November 17, 2025
Term
Annual payments beginning November/December 2026 (exact term not stated)
Source document
moberly_city_council_meeting_minutes_november_17_2.pdf (Minutes)

County Bank's other public contracts

More City of Moberly contracts

Questions about this contract

Who was awarded the financial services contract by City of Moberly?

County Bank was awarded this financial services contract by City of Moberly, as recorded on November 17, 2025. The contract value is Total cost $179,700.74; annual payment $59,900.25; total interest $12,526.34.

How much is the County Bank contract with City of Moberly worth?

The County Bank contract with City of Moberly is valued at Total cost $179,700.74; annual payment $59,900.25; total interest $12,526.34, 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 moberly_city_council_meeting_minutes_november_17_2.pdf (Minutes), dated November 17, 2025 from City of Moberly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does County Bank hold?

County 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 Moberly currently buying?

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

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