LICENSEPENDING

City Negotiates ATM Site License With Peak Credit Union

The City of Morton plans to enter into a site license with Peak Credit Union for an ATM at 192 Adams Ave, with rent set at $5 per month plus an additional $5 per month toward electricity over an initial ten-year term starting June 2026. The agreement includes options for two additional five-year renewal terms and requires insurance and indemnification of the City.

Status
PENDING
Document date
June 22, 2026
Contract type
LICENSE
Vendor
Peak Credit Union
Agency
City of Morton · WA

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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
$5.00 per month rent plus $5.00 per month for electricity share
Contract type
LICENSE
Contract term
Initial term of five (5) years commencing June 2026 and terminating June 2036, with option for two (2) additional five (5) year renewal terms
Renewal date
2036-06-30
Renewal
Initial ten-year term from June 2026 to June 2036 with two optional five-year renewal terms at the Licensee’s option, subject to the agreement’s conditions.
Document type
AgendaPacket
Source document
City of Morton AgendaPacket Council Meeting 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the license contract by City of Morton?

Peak Credit Union was awarded this license contract by City of Morton, as recorded on June 22, 2026. The contract value is $5.00 per month rent plus $5.00 per month for electricity share.

How much is the Peak Credit Union contract with City of Morton worth?

The Peak Credit Union contract with City of Morton is valued at $5.00 per month rent plus $5.00 per month for electricity share, covering license work.

What type of contract is this?

This is a License contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Morton AgendaPacket Council Meeting 2026-06-22 (AgendaPacket), dated June 22, 2026 from City of Morton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peak Credit Union hold?

Peak Credit Union 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 Peak Credit Union's profile

What is City of Morton currently buying?

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

View City of Morton's profile

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