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FINANCIAL_SERVICESPENDING

City of Tuckerman Council Meeting Minutes November 2025

City Explores Loan with Merchants and Planters Bank

Roughly $70,000.00 (amount to be determined)City of TuckermanMERCHANTS & PLANTERS BANKNovember 14, 2025

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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

Description

The Tuckerman council directed Mayor Graham to work with Merchants and Planters Bank to arrange a loan, likely around $70,000, to address outstanding Tuckerman Water and Sewer Department obligations, using a city CD as collateral. Final loan terms and amount will be brought back to the council for consideration.

Contract Details

Contract Amount

Roughly $70,000.00 (amount to be determined)

Vendor

MERCHANTS & PLANTERS BANK

Agency

City of Tuckerman, AR

Contract Type

FINANCIAL_SERVICES

Document Date

November 14, 2025

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