FINANCIAL_SERVICESPENDING

Baystone Proposes Financing for Musco Lighting Project

Baystone Government Finance submitted a tax-exempt financing proposal to the City of Beatrice for the $498,500 Musco Lighting project, offering 5-, 7-, and 10-year fixed-rate options. The financing terms feature annual payments beginning one year from closing, subject to credit approval and funding by May 22, 2026.

Status
PENDING
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Baystone Government Finance
Agency
Town of Beatrice · AL

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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
Option 1: $498,500.00, 5 years, 5.8200% (annual $117,763.20); Option 2: $498,500.00, 7 years, 5.9400% (annual $89,108.46); Option 3: $498,500.00, 10 years, 6.2900% (annual $68,663.81)
Contract type
FINANCIAL_SERVICES
Contract term
Options of five (5), seven (7), or ten (10) years; first payment due one year from close
Renewal date
2026-05-22
Renewal
No renewal terms stated; proposal is a one-time financing offer expiring if not funded by 2026-05-22.
Document type
Resolution
Source document
City of Beatrice Resolution Add Lights to Fields 4, 5, and 8 at Hannibal Park 2026-05-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Beatrice?

Baystone Government Finance was awarded this financial services contract by Town of Beatrice, as recorded on May 18, 2026. The contract value is Option 1: $498,500.00, 5 years, 5.8200% (annual $117,763.20); Option 2: $498,500.00, 7 years, 5.9400% (annual $89,108.46); Option 3: $498,500.00, 10 years, 6.2900% (annual $68,663.81).

How much is the Baystone Government Finance contract with Town of Beatrice worth?

The Baystone Government Finance contract with Town of Beatrice is valued at Option 1: $498,500.00, 5 years, 5.8200% (annual $117,763.20); Option 2: $498,500.00, 7 years, 5.9400% (annual $89,108.46); Option 3: $498,500.00, 10 years, 6.2900% (annual $68,663.81), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in City of Beatrice Resolution Add Lights to Fields 4, 5, and 8 at Hannibal Park 2026-05-18 (Resolution), dated May 18, 2026 from Town of Beatrice. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Baystone Government Finance hold?

Baystone Government Finance 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 Baystone Government Finance's profile

What is Town of Beatrice currently buying?

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

View Town of Beatrice's profile

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