Loxahatchee Groves Eyes Extension of BankUnited Credit Line
Town of Loxahatchee GrovesCity · Loxahatchee Groves, FL- Disclosed value
- $500,000
- From agenda
- Document date
- Jul 1, 2025
- Term
- 3 years
The 30-second brief
Town of Loxahatchee Groves is considering extending its emergency revolving line of credit with BankUnited, N.A. by three years, up to June 7, 2028. The initial line of credit was established in December 2020 for $500,000 to ensure short-term access to emergency funds. The extension includes revisions to annual fee terms and updates to financial reporting provisions.
BANKUNITED holds this line of credit contract with Town of Loxahatchee Groves. Its other public contracts on record include work for Beacon Lakes Community Development District and Delaware-Chenango-Madison-Otsego Boces.
Term as filed: 3 years.
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Contract details
- Contract type
- Line Of Credit
- Amount
- $500,000
- Document date
- July 1, 2025
- Term
- 3 years
- Vendor
- BANKUNITED
- Source document
- town-of-loxahatchee-groves-agenda-2025-07-01_324.pdf (Agenda)
BANKUNITED's other public contracts
More Town of Loxahatchee Groves contracts
Questions about this contract
Who was awarded the line of credit contract by Town of Loxahatchee Groves?
BANKUNITED was awarded this line of credit contract by Town of Loxahatchee Groves, as recorded on July 1, 2025. The contract value is $500,000.
How much is the BANKUNITED contract with Town of Loxahatchee Groves worth?
The BANKUNITED contract with Town of Loxahatchee Groves is valued at $500,000, covering line of credit work.
What type of contract is this?
This is a Line Of Credit contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-loxahatchee-groves-agenda-2025-07-01_324.pdf (Agenda), dated July 1, 2025 from Town of Loxahatchee Groves. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BANKUNITED hold?
BANKUNITED 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 Town of Loxahatchee Groves currently buying?
Explore Town of Loxahatchee Groves's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.