FINANCIAL_SERVICESAPPROVED

City of Pine Lake Awards Financial Services Contract to Renasant Bank (June 2026)

Pine Lake approved a taxable Tax Anticipation Note with Renasant Bank for $450,000 to cover 2026 operating cash flow needs. The note carries a 4.90% fixed interest rate and matures on December 31, 2026.

Status
APPROVED
Document date
June 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Renasant Bank
Agency
City of Pine Lake · 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
$450,000 principal; approximately $11,025 interest; $1,400 bank administrative fee
Contract type
FINANCIAL_SERVICES
Contract term
Dated June 30, 2026; matures December 31, 2026 (approximately 6 months)
Renewal date
2026-12-31
Renewal
Single-year tax anticipation note to be repaid from 2026 property tax collections by December 31, 2026; no renewal or prepayment option noted.
Document type
AgendaPacket
Source document
City of Pine Lake Agenda Packet 2026-06-30

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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 Pine Lake?

Renasant Bank was awarded this financial services contract by City of Pine Lake, as recorded on June 30, 2026. The contract value is $450,000 principal; approximately $11,025 interest; $1,400 bank administrative fee.

How much is the Renasant Bank contract with City of Pine Lake worth?

The Renasant Bank contract with City of Pine Lake is valued at $450,000 principal; approximately $11,025 interest; $1,400 bank administrative fee, 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 City of Pine Lake Agenda Packet 2026-06-30 (AgendaPacket), dated June 30, 2026 from City of Pine Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Renasant Bank hold?

Renasant 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 Renasant Bank's profile

What is City of Pine Lake currently buying?

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

View City of Pine Lake's profile

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