FINANCIAL_SERVICESPENDING

Community Bank Bids on $1M City TAN

Community Bank submitted a bid to provide the City of Ocilla with a $1,000,000 Tax Anticipation Note at a 0.60% interest rate. The financing would support the City’s short-term cash flow needs pending council approval.

Status
PENDING
Document date
February 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Bank
Agency
City of Ocilla · GA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,000,000.00 at 0.60% interest
Contract type
FINANCIAL_SERVICES
Contract term
Tax Anticipation Note dated March 6, 2026
Renewal date
2026-12-31
Renewal
Single-year Tax Anticipation Note; renewals or future TANs would require new bids or agreements.
Document type
Minutes
Source document
City of Ocilla Regular Monthly Meeting Minutes February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ocilla?

Community Bank was awarded this financial services contract by City of Ocilla, as recorded on February 16, 2026. The contract value is $1,000,000.00 at 0.60% interest.

How much is the Community Bank contract with City of Ocilla worth?

The Community Bank contract with City of Ocilla is valued at $1,000,000.00 at 0.60% 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 City of Ocilla Regular Monthly Meeting Minutes February 2026 (Minutes), dated February 16, 2026 from City of Ocilla. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Bank hold?

Community 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.

View Community Bank's profile

What is City of Ocilla currently buying?

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

View City of Ocilla's profile

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