FINANCIAL_SERVICESAMENDED

Regions Capital Advantage Note Extended to 2027

The District obtained interim financing through a Series 2024 Note from Regions Capital Advantage, Inc. for up to $5 million at a floating SOFR-based rate to fund golf course irrigation replacement. The note term, originally up to two years from August 2024, was later extended to mature on August 12, 2027.

Status
AMENDED
Document date
July 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Regions Capital Advantage Inc
Agency
University Park Recreation District · FL

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
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Veritone logo
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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $5,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Original term not to exceed 2 years from August 12, 2024; extended to mature August 12, 2027
Renewal date
2027-08-12
Renewal
Series 2024 Note term extended via a September 15, 2025 closing to a new maturity date of 2027-08-12; note may later be taken out by the planned Series 2026 bonds.
Document type
AgendaPacket
Source document
University Park Recreation District Agenda Packet 2026-07-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by University Park Recreation District?

Regions Capital Advantage Inc was awarded this financial services contract by University Park Recreation District, as recorded on July 17, 2026. The contract value is Not to exceed $5,000,000.

How much is the Regions Capital Advantage Inc contract with University Park Recreation District worth?

The Regions Capital Advantage Inc contract with University Park Recreation District is valued at Not to exceed $5,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in University Park Recreation District Agenda Packet 2026-07-17 (AgendaPacket), dated July 17, 2026 from University Park Recreation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Capital Advantage Inc hold?

Regions Capital Advantage Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is University Park Recreation District currently buying?

Explore University Park Recreation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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