CONTRACT

4M loan from First Service Bank for equipment

Disclosed value: $4,000,000; From agenda
Document date: Jun 24, 2025
Term: 5 years

What it covers

The City of Conway is authorized to issue a promissory note in the principal amount up to $4,000,000 with First Service Bank for certain equipment purchases at a fixed interest rate of 3.87% per annum.

Who holds it

First Service Bank holds this loan contract with Housing Authority of the city of Conway. Its other public contracts on record include work for Van Buren County and Marion County.

What happens next

Term as filed: 5 years.

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Contract details

Contract type: Loan
Amount: $4,000,000
Document date: June 24, 2025
Term: 5 years
Vendor: First Service Bank
Agency: Housing Authority of the city of Conway
Source document: housing-authority-of-the-city-of-conwayagenda-2025-06-24_ab4.pdf (Agenda)

First Service Bank's other public contracts

Van Buren County, ArkansasCounty Considers Updating First Service Bank Account Authorities · Sep 17, 2026Undisclosed Marion County, ArkansasMarion County Extends First Service Bank Letter · Sep 8, 2026$5.5K City of Greenbrier, ArkansasGreenbrier Approves $500K Ballpark Partnership Deal · Jul 6, 2026up to $500,000 Arkansas Department of Agriculture | Arkansas Beef Council, ArkansasArkansas Boll Weevil Foundation Engages First Service Bank · Dec 8, 2025Undisclosed Clinton School District, ArkansasFirst Service Bank Awarded 2021–2022 Banking Contract · Nov 17, 2025Undisclosed All First Service Bank contractsVendor profile

More Housing Authority of the city of Conway contracts

Rivercity HydraulicsFront load and automated side load truck purchase · Jun 24, 2025$770.6K Weaver Bailey ContractorsRunway Extension 4 Project awarded to Weaver Bailey · Jun 24, 2025$4.4M Weaver Bailey ContractorsWeaver Bailey wins 4.3M Conway Airport runway project · Jun 24, 2025$4.4M National Auto Fleet GroupService truck purchased from National Auto Fleet · Jun 24, 2025$190.2K Stribling EquipmentCrawler dozer purchased from Stribling equipment · Jun 24, 2025$262.3K All Housing Authority of the city of Conway activityAgency profile

Questions about this contract

Who was awarded the loan contract by Housing Authority of the city of Conway?

First Service Bank was awarded this loan contract by Housing Authority of the city of Conway, as recorded on June 24, 2025. The contract value is $4,000,000.

How much is the First Service Bank contract with Housing Authority of the city of Conway worth?

The First Service Bank contract with Housing Authority of the city of Conway is valued at $4,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-conwayagenda-2025-06-24_ab4.pdf (Agenda), dated June 24, 2025 from Housing Authority of the city of Conway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Service Bank hold?

First Service 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 Housing Authority of the city of Conway currently buying?

Explore Housing Authority of the city of Conway's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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