Franklin Redevelopment and Housing Authority Awards $8,300,000 Financial Services Contract to Webster Bank National Association (December 2024)
Franklin Redevelopment and Housing AuthorityLocal Housing Authority · Franklin, VA- Disclosed value
- $8,300,000
- From agenda
- Awarded
- Dec 9, 2024
- Term
- December __, 2024 – November 1, 2027
- Renews
- Free account
The 30-second brief
Franklin City Council approved an $8,300,000 General Obligation Bond Anticipation Note, Series 2024, to Webster Bank, National Association, providing interim financing for capital projects including court, public safety, and community facilities. The 3.60% interest note matures November 2027 and was finalized via council vote December 9, 2024.
Webster Bank National Association holds this financial services contract with Franklin Redevelopment and Housing Authority. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $8,300,000
- Document date
- December 9, 2024
- Term
- December __, 2024 – November 1, 2027
- Renews
- On record
- Source document
- franklin-redevelopment-and-housing-authority-agenda-2024-12-09_8b8.pdf (Agenda)
Webster Bank National Association's other public contracts
More Franklin Redevelopment and Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Franklin Redevelopment and Housing Authority?
Webster Bank National Association was awarded this financial services contract by Franklin Redevelopment and Housing Authority, as recorded on December 9, 2024. The contract value is $8,300,000.
How much is the Webster Bank National Association contract with Franklin Redevelopment and Housing Authority worth?
The Webster Bank National Association contract with Franklin Redevelopment and Housing Authority is valued at $8,300,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in franklin-redevelopment-and-housing-authority-agenda-2024-12-09_8b8.pdf (Agenda), dated December 9, 2024 from Franklin Redevelopment and Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Webster Bank National Association hold?
Webster Bank National Association 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 Franklin Redevelopment and Housing Authority currently buying?
Explore Franklin Redevelopment and Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.