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Cogent Bank $615,600 Loan for Equipment Reimbursement

City of Denison logoCity of Denison
Disclosed value
$615,600
From agenda
Document date
May 19, 2025
Term
5 years

The 30-second brief

What it covers

Council to enter into loan documents with Cogent Bank for $615,600 principal, 5-year term at 3.93% interest rate, to reimburse financing of production network servers, asphalt zipper, Key Trak System and tire balancing machines.

Who holds it

Cogent Bank holds this loan contract with City of Denison. Its other public contracts on record include work for South Hunterdon Regional School District and Tompkins-Seneca-Tioga Boces.

What happens next

Term as filed: 5 years.

See who signed off on this $615.6K contract.

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Contract details

Contract type
Loan
Amount
$615,600
Document date
May 19, 2025
Term
5 years
Vendor
Cogent Bank
Agency
City of Denison
Source document
city-of-denison-city-council-meeting-agenda-may-19-2025_e2f.pdf (Agenda)

Cogent Bank's other public contracts

South Hunterdon Regional School District, New JerseyDistrict Makes Cogent Bank Installment Payments · Aug 24, 2026$51.2KTompkins-Seneca-Tioga Boces, New YorkBOCES OKs Truck Financing With Cogent Bank · Aug 5, 2026$302.2KPittsylvania County, VirginiaPittsylvania Approves $707K School Bus Lease with Cogent Bank · Jun 16, 2026$707.5KLindenwold Public School District, New JerseyChromebook Lease Financing Awarded to Cogent Bank · Jun 8, 2026Lindenwold Public School District, New JerseyChromebook Lease Financing Awarded To Cogent Bank · Jun 8, 2026All Cogent Bank contractsVendor profile

More City of Denison contracts

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Questions about this contract

Who was awarded the loan contract by City of Denison?

Cogent Bank was awarded this loan contract by City of Denison, as recorded on May 19, 2025. The contract value is $615,600.

How much is the Cogent Bank contract with City of Denison worth?

The Cogent Bank contract with City of Denison is valued at $615,600, 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 city-of-denison-city-council-meeting-agenda-may-19-2025_e2f.pdf (Agenda), dated May 19, 2025 from City of Denison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cogent Bank hold?

Cogent 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 Denison currently buying?

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

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