FINANCIAL_SERVICESPENDING

City Explores Loan with Merchants and Planters Bank

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.

Status
PENDING
Document date
November 14, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Merchants & Planters Bank
Agency
City of Tuckerman · AR

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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
Roughly $70,000.00 (amount to be determined)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
City of Tuckerman Council Meeting Minutes November 2025

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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 Tuckerman?

Merchants & Planters Bank was awarded this financial services contract by City of Tuckerman, as recorded on November 14, 2025. The contract value is Roughly $70,000.00 (amount to be determined).

How much is the Merchants & Planters Bank contract with City of Tuckerman worth?

The Merchants & Planters Bank contract with City of Tuckerman is valued at Roughly $70,000.00 (amount to be determined), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Tuckerman Council Meeting Minutes November 2025 (Minutes), dated November 14, 2025 from City of Tuckerman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants & Planters Bank hold?

Merchants & Planters 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 Merchants & Planters Bank's profile

What is City of Tuckerman currently buying?

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

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