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City of Shelby Awards Financial Services Contract to Cleveland County (April 2024)

City of Shelby
Disclosed value
$1,006,034 (year 7 payment of 15 total, 3.25% interest)
From agenda
Approved
Apr 1, 2024
Term
15 years (started April 3, 2017)
Renews
Free account

The 30-second brief

What it covers

Shelby City Council approved the seventh annual repayment of an interlocal infrastructure loan to Cleveland County for Project Grizzly utility improvements, in the amount of $1,006,034. The city will continue payments through a 15-year term with an interest rate of 3.25%. Payments are funded by revenues from Clearwater Paper and city tax receipts.

Who holds it

Cleveland County holds this financial services contract with City of Shelby. Its other public contracts on record include work for City of Noble and Oklahoma Turnpike Authority | State of Oklahoma.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Shelby contract.

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Contract details

Contract type
Financial Services
Amount
$1,006,034 (year 7 payment of 15 total, 3.25% interest)
Document date
April 1, 2024
Term
15 years (started April 3, 2017)
Renews
Free account
Vendor
Cleveland County
Agency
City of Shelby
Source document
Shelby City Council Agenda April 2024 (Agenda)

Cleveland County's other public contracts

City of Noble, OklahomaNoble Approves Interlocal Agreement With Cleveland County · Sep 8, 2026UndisclosedOklahoma Turnpike Authority | State of Oklahoma, OklahomaOTA Considers Cleveland County ACCESS Agreement · Sep 1, 2026UndisclosedLincoln County, OklahomaDetention Services Agreement With Cleveland County Approved · Jun 22, 2026UndisclosedLincoln County, OklahomaDetention Services Agreement with Cleveland County · Jun 22, 2026UndisclosedNorman Public Schools, OklahomaEmergency evacuation MOU with Cleveland County · Apr 13, 2026UndisclosedAll Cleveland County contractsVendor profile

More City of Shelby contracts

Mcgill AssociatesShelby Accepts McGill Stormwater Master Plan · Oct 5, 2026UndisclosedSusan King & Hamrick HeirsShelby Approves South Morgan Street Property Purchase · Sep 21, 2026$22KTwo BrothersTwo Brothers Begins South Lafayette Waterline Project · Sep 21, 2026UndisclosedCathford ConsultingCathFord Consulting Webbley Development Proposal Remains Pending · Sep 21, 2026Odom EngineeringOdom Engineering Plan Supports Crawford Street Traffic Project · Sep 21, 2026All City of Shelby activityAgency profile

Questions about this contract

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

Cleveland County was awarded this financial services contract by City of Shelby, as recorded on April 1, 2024. The contract value is $1,006,034 (year 7 payment of 15 total, 3.25% interest).

How much is the Cleveland County contract with City of Shelby worth?

The Cleveland County contract with City of Shelby is valued at $1,006,034 (year 7 payment of 15 total, 3.25% interest), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Shelby City Council Agenda April 2024 (Agenda), dated April 1, 2024 from City of Shelby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cleveland County hold?

Cleveland County 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 City of Shelby currently buying?

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

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