Finance agreement under consideration for infrastructure project
- Disclosed value
- $1,900,000
- From agenda
- Document date
- May 14, 2024
The 30-second brief
City of Blanco is considering a Public Property Finance Act Lease Purchase Agreement with First Security Finance, Inc. to finance the costs of the project, in a principal amount not to exceed $1,900,000, a maturity date of no later than December 31, 2044, and an interest rate of 5.49% per annum.
First Security Finance holds this finance contract with Town of Blanca. Its other public contracts on record include work for Pajaro Sunny Mesa Community Services District and City of Ione.
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Contract details
- Contract type
- Finance
- Amount
- $1,900,000
- Document date
- May 14, 2024
- Term
- NA
- Vendor
- First Security Finance
- Agency
- Town of Blanca
- Source document
- town-of-blanca-agenda-2024-05-14_ce2.pdf (Agenda)
First Security Finance's other public contracts
More Town of Blanca contracts
Questions about this contract
Who was awarded the finance contract by Town of Blanca?
First Security Finance was awarded this finance contract by Town of Blanca, as recorded on May 14, 2024. The contract value is $1,900,000.
How much is the First Security Finance contract with Town of Blanca worth?
The First Security Finance contract with Town of Blanca is valued at $1,900,000, covering finance work.
What type of contract is this?
This is a Finance contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-blanca-agenda-2024-05-14_ce2.pdf (Agenda), dated May 14, 2024 from Town of Blanca. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Security Finance hold?
First Security Finance 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 Blanca currently buying?
Explore Town of Blanca's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.