Intercity State Bank Line of Credit Funds TID 4

City of Schofield obtained a $4,310,000 General Obligation Line of Credit from Intercity State Bank in 2017 to finance Tax Incremental District No. 4 projects, which was subsequently refunded by later bond issuance. The line of credit supported mixed-use redevelopment and infrastructure improvements in the district.

Scope & details

The full contract record, as filed.

Contract amount

$4,310,000

Contract type

FINANCIAL_SERVICES

Contract term

Issued 2017, refunded 2019

Renewal date

2038-04-01

Renewal

Debt was refunded by a 2019 General Obligation Refunding Bond with final due date in 2038.

Document type

AgendaPacket

Source document

City of Schofield Joint Review Board Agenda Packet 2026-08-04

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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 Schofield?

Intercity State Bank was awarded this financial services contract by City of Schofield, as recorded on July 29, 2026. The contract value is $4,310,000.

How much is the Intercity State Bank contract with City of Schofield worth?

The Intercity State Bank contract with City of Schofield is valued at $4,310,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Schofield Joint Review Board Agenda Packet 2026-08-04 (AgendaPacket), dated July 29, 2026 from City of Schofield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Intercity State Bank hold?

Intercity 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.

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