District Weighs Series 2024 Note with Regions Capital Advantage
University Park Recreation DistrictSpecial District · Orlando, FL- Disclosed value
- Up to $5,000,000 (loan principal including interest)
- From minutes
- Document date
- Jun 27, 2024
The 30-second brief
University Park Recreation District discussed entering into a two-year, up to $5 million Series 2024 Note with Regions Capital Advantage, an affiliate of Regions Bank, to fund irrigation improvements if the bond sale is delayed. The floating-rate loan would require no payments until maturity and be taken out by future bonds.
Regions Capital Advantage holds this financial services contract with University Park Recreation District. Its other public contracts on record include work for State Fair Community College and Hamilton Southeastern Schools.
Term as filed: Two-year loan, no payments due until maturity.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $5,000,000 (loan principal including interest)
- Document date
- June 27, 2024
- Term
- Two-year loan, no payments due until maturity
- Source document
- University Park Recreation District Board Meeting Minutes June 2024 (Minutes)
Regions Capital Advantage's other public contracts
More University Park Recreation District contracts
Questions about this contract
Who was awarded the financial services contract by University Park Recreation District?
Regions Capital Advantage was awarded this financial services contract by University Park Recreation District, as recorded on June 27, 2024. The contract value is Up to $5,000,000 (loan principal including interest).
How much is the Regions Capital Advantage contract with University Park Recreation District worth?
The Regions Capital Advantage contract with University Park Recreation District is valued at Up to $5,000,000 (loan principal including interest), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in University Park Recreation District Board Meeting Minutes June 2024 (Minutes), dated June 27, 2024 from University Park Recreation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Regions Capital Advantage hold?
Regions Capital Advantage 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 University Park Recreation District currently buying?
Explore University Park Recreation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.