FINANCIAL_SERVICESAPPROVED

Town of Port Austin Awards $1,500,000 Financial Services Contract to Port Austin State Bank (June 2025)

The DDA received approval for a $1.5 million, 15-year loan from Port Austin State Bank to finance the 4 Season Farmers Market project. The Council unanimously approved the loan arrangement.

Status
APPROVED
Document date
June 9, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Port Austin State Bank
Agency
Town of Port Austin · MI

Trusted by teams at

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
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
$1,500,000
Contract type
FINANCIAL_SERVICES
Contract term
15 years
Renewal date
2040-06-09
Renewal
Standard bank loan; repayment per agreed schedule over 15 years.
Document type
Minutes
Source document
Port Austin Village Council Meeting Minutes June 9 2025

Related contracts

Other contracts from Port Austin State Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Port Austin?

Port Austin State Bank was awarded this financial services contract by Town of Port Austin, as recorded on June 9, 2025. The contract value is $1,500,000.

How much is the Port Austin State Bank contract with Town of Port Austin worth?

The Port Austin State Bank contract with Town of Port Austin is valued at $1,500,000, 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 Port Austin Village Council Meeting Minutes June 9 2025 (Minutes), dated June 9, 2025 from Town of Port Austin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Port Austin State Bank hold?

Port Austin State 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 Port Austin State Bank's profile

What is Town of Port Austin currently buying?

Explore Town of Port Austin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Port Austin's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free