CONTRACTAPPROVED

City of Hastings Awards $1,690,304 Letter Of Credit Contract to Five Points Bank (September 2025)

Disclosed value: $1,690,304.25; From minutes
Approved: Sep 8, 2025

What it covers

City Council authorizes the Mayor to execute documents to obtain and maintain a letter of credit from Five Points Bank of Hastings in the amount of $1,690,304.25 to satisfy EPA obligations for the Hastings Groundwater Contamination Site.

Who holds it

Five Points Bank holds this letter of credit contract with City of Hastings. Its other public contracts on record include work for Springfield Platteview Community Schools and City of Torrington.

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Contract details

Contract type: Letter Of Credit
Amount: $1,690,304.25
Document date: September 8, 2025
Term: NA
Vendor: Five Points Bank
Agency: City of Hastings
Source document: city-of-hastings-city-council-meeting-minutes-september-8-2025_171.pdf (Minutes)

Five Points Bank's other public contracts

Springfield Platteview Community Schools, NebraskaDistrict Lists Five Points Lease Payment · Oct 12, 2026$2M City of Torrington, WyomingCopier Lease Financing Paid to Five Points Bank · Sep 15, 2026$216 Meridian Public Schools, NebraskaMeridian Lists Five Points Bank Payment · Sep 14, 2026$388.2 City of Springfield, NebraskaOffice Equipment Purchase from Five Points Bank · Sep 1, 2026$88.4 City of Torrington, WyomingMonthly Copier Lease Payment to FIVE POINTS BANK Approved · Sep 1, 2026$216 All Five Points Bank contractsVendor profile

More City of Hastings contracts

HEDCBoard Approves HEDC Funding Request · Sep 10, 2026$175K Fnic InsuranceFNIC Insurance Presentation on Agenda · Sep 10, 2026Undisclosed Chamber of CommerceBoard Approves Chamber Funding Support · Sep 10, 2026$30K Fnic InsuranceFNIC Insurance Presentation Scheduled · Sep 10, 2026Undisclosed VERIZONVerizon Backing Hastings Tower Proposal · Sep 8, 2026Undisclosed All City of Hastings activityAgency profile

Questions about this contract

Who was awarded the letter of credit contract by City of Hastings?

Five Points Bank was awarded this letter of credit contract by City of Hastings, as recorded on September 8, 2025. The contract value is $1,690,304.25.

How much is the Five Points Bank contract with City of Hastings worth?

The Five Points Bank contract with City of Hastings is valued at $1,690,304.25, covering letter of credit work.

What type of contract is this?

This is a Letter Of Credit contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-hastings-city-council-meeting-minutes-september-8-2025_171.pdf (Minutes), dated September 8, 2025 from City of Hastings. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Five Points Bank hold?

Five Points 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 City of Hastings currently buying?

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

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