CONTRACTAPPROVED

New London School District Awards $3,700,000 Line Of Credit Contract to First State Bank (October 2024)

Disclosed value: $3,700,000; From meeting minutes
Approved: Oct 23, 2024

What it covers

New London School District approves a line of credit with First State Bank, not to exceed $3,700,000, to provide cash flow for operational expenses and potential investment opportunities during the 2024-25 school year.

Who holds it

First State Bank holds this line of credit contract with New London School District. Its other public contracts on record include work for Graham County and Macomb County.

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Contract details

Contract type: Line Of Credit
Amount: $3,700,000
Document date: October 23, 2024
Term: NA
Vendor: First State Bank
Agency: New London School District
Source document: new-london-school-districtmeeting-minutes2024-10-23_d62.pdf (Meeting Minutes)

First State Bank's other public contracts

Graham County, KansasFirst State Bank Provides Patrol Vehicle Financing Quote · Oct 20, 2026Undisclosed Macomb County, MichiganMacomb County Plans First State Bank Reconciliation · Oct 20, 2026$30K City of Brooklyn, IowaBrooklyn Approves First State Bank Payment · Oct 19, 2026$3.3K Decatur Independent School District, TexasDecatur ISD Approves First State Bank · Oct 19, 2026Undisclosed South Dakota Minerals and Environment Board | State of South Dakota, South DakotaFirst State Bank Surety Released for Mining Liability · Oct 15, 2026$2K All First State Bank contractsVendor profile

More New London School District contracts

Robin Health PartnersHealth insurance renewals approved with Robin Health Partners · Nov 13, 2024Undisclosed Delta DentalDelta Dental's self-funded dental plan approved · Nov 13, 2024Undisclosed Mike & Judy OconnellProperty purchase approved for $7,000. · Oct 9, 2024$7K Cooperative Educational Service Agency 6 (Cesa 6)CESA 6 gets contract for learning services · Oct 9, 2024$20.3K Danielle SievertBoard approves waiving damages for Sievert's contract · Sep 11, 2024Undisclosed All New London School District activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by New London School District?

First State Bank was awarded this line of credit contract by New London School District, as recorded on October 23, 2024. The contract value is $3,700,000.

How much is the First State Bank contract with New London School District worth?

The First State Bank contract with New London School District is valued at $3,700,000, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in new-london-school-districtmeeting-minutes2024-10-23_d62.pdf (Meeting Minutes), dated October 23, 2024 from New London School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First State Bank hold?

First 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.

What is New London School District currently buying?

Explore New London School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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