CONTRACTRECOMMENDED

First Bank Recommended for Police Vehicle Financing

Disclosed value: $200,000 (principal), $71,285 annually for 3 years at 4.44% (total interest paid $13,854); From agenda
Document date: Apr 7, 2026

What it covers

City staff recommended awarding a three-year, $200,000 lease-purchase financing contract to First Bank for four police vehicles at a 4.44% fixed interest rate. The proposed resolution would authorize the City Manager to execute the financing documents with annual payments of $71,285.

Who holds it

First Bank holds this financial services contract with City of Cayce city. Its other public contracts on record include work for Stark Area Regional Transit Authority and Hillsborough MUA.

What happens next

Term as filed: Three (3) years, annual payments in arrears.

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Contract details

Contract type: Financial Services
Amount: $200,000 (principal), $71,285 annually for 3 years at 4.44% (total interest paid $13,854)
Document date: April 7, 2026
Term: Three (3) years, annual payments in arrears
Vendor: First Bank
Agency: City of Cayce city
Source document: City of Cayce Regular Council Meeting Agenda April 7, 2026 (Agenda)

First Bank's other public contracts

Stark Area Regional Transit Authority, OhioSARTA Holds $245,000 First Bank Certificate of Deposit · Oct 28, 2026$245K Hillsborough MUA, New JerseyAuthority Considers New Banking Accounts at First Bank · Oct 28, 2026Undisclosed Ketchum Fire Department, IdahoFirst Bank Credit Cards Planned for Fire District Staff · Oct 21, 2026Undisclosed Ketchum Fire Department, IdahoFirst Bank Credit Cards Set for Board Confirmation · Oct 21, 2026Undisclosed Johnson Creek village, WisconsinLibrary Lists First Bank Business Account Fee · Oct 20, 2026$99.8 All First Bank contractsVendor profile

More City of Cayce city contracts

South State BankCayce Recommends South State Bank Police Vehicle Financing · Oct 20, 2026 Mrb GroupMRB Group Assists Cayce Riverwalk Stabilization Planning · Oct 20, 2026Undisclosed CMCCayce Council Reviews Pending CMC Agreement · Oct 20, 2026Undisclosed Rci of South Carolina IncCayce Considers Building Services Agreement With RCI · Sep 16, 2026 Routeware IncCayce Weighs One-Year Renewal of Routeware Subscription · Sep 1, 2026Undisclosed All City of Cayce city activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Cayce city?

First Bank was awarded this financial services contract by City of Cayce city, as recorded on April 7, 2026. The contract value is $200,000 (principal), $71,285 annually for 3 years at 4.44% (total interest paid $13,854).

How much is the First Bank contract with City of Cayce city worth?

The First Bank contract with City of Cayce city is valued at $200,000 (principal), $71,285 annually for 3 years at 4.44% (total interest paid $13,854), 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 City of Cayce Regular Council Meeting Agenda April 7, 2026 (Agenda), dated April 7, 2026 from City of Cayce city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Bank hold?

First 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.

What is City of Cayce city currently buying?

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

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