CONTRACTAPPROVED

City of Shelby Awards Financial Services Contract to Cleveland County (April 2024)

City of Shelby
Disclosed value
$518,800 (year 2 payment of 10 total, 2.39% interest)
From agenda
Approved
Apr 1, 2024
Term
10 years (started January 3, 2022)
Renews
Free account

The 30-second brief

What it covers

Shelby City Council approved the second annual loan repayment to Cleveland County for the construction of Shell Building #4, totaling $518,800 for principal and interest. This is part of a 10-year interlocal financing arrangement.

Who holds it

Cleveland County holds this financial services contract with City of Shelby. Its other public contracts on record include work for City of Noble and Oklahoma Turnpike Authority | State of Oklahoma.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Shelby contract.

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Contract details

Contract type
Financial Services
Amount
$518,800 (year 2 payment of 10 total, 2.39% interest)
Document date
April 1, 2024
Term
10 years (started January 3, 2022)
Renews
Free account
Source document
Shelby City Council Agenda April 2024 (Agenda)

Cleveland County's other public contracts

More City of Shelby contracts

Questions about this contract

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

Cleveland County was awarded this financial services contract by City of Shelby, as recorded on April 1, 2024. The contract value is $518,800 (year 2 payment of 10 total, 2.39% interest).

How much is the Cleveland County contract with City of Shelby worth?

The Cleveland County contract with City of Shelby is valued at $518,800 (year 2 payment of 10 total, 2.39% interest), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Shelby City Council Agenda April 2024 (Agenda), dated April 1, 2024 from City of Shelby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cleveland County hold?

Cleveland County 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 Shelby currently buying?

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

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