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DNB Bank proposes $1.3M loan for city shop

Town of Crocus
Disclosed value
$1,312,403
From agenda
Document date
Nov 18, 2024
Term
Up to 20 years

The 30-second brief

What it covers

DNB National Bank proposes a loan of up to $1,312,403 for the construction of a new city shop building in Crooks, SD, with a fixed interest rate of 5.75% if confirmed at the next council meeting and closed within 30 days.

Who holds it

Dnb National Bank holds this loan contract with Town of Crocus. Its other public contracts on record include work for Town of Clear Lake and City of Crooks.

What happens next

Term as filed: Up to 20 years.

See who signed off on this $1.3M contract.

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Contract details

Contract type
Loan
Amount
$1,312,403
Document date
November 18, 2024
Term
Up to 20 years
Vendor
Dnb National Bank
Agency
Town of Crocus
Source document
town-of-crocus-city-council-special-meeting-agenda-november-18-2024_78a.pdf (Agenda)

Dnb National Bank's other public contracts

Town of Clear Lake, South DakotaCouncil Designates DNB National Bank as Official Depository · May 11, 2026UndisclosedTown of Clear Lake, South DakotaDNB National Bank Selected as City's Depository · May 11, 2026UndisclosedTown of Clear Lake, South DakotaDNB National Bank Named Official City Depository · May 11, 2026UndisclosedCity of Crooks, South Dakota2026 City Shop Lease Payments Approved · Jan 26, 2026$4.7KCity of Crooks, South DakotaCity Shop Lease Payments Approved for 2026 · Jan 12, 2026All Dnb National Bank contractsVendor profile

More Town of Crocus contracts

Mvb PropertiesCrooks Council to discuss MVB Properties assistance · Jul 14, 2025UndisclosedHw ContractingH&W Contracting Project Accepted by Crooks City Council · Jul 14, 2025UndisclosedDudley Laundry Co Dba AppearaMore Facility Supplies Purchased from Appeara · Jul 14, 2025$100.3Waterbury Plumbing LLCGas Meter Repiping Paid to Waterbury Plumbing LLC · Jul 14, 2025$316.3Banyon Data Systems IncSoftware Support Fees Paid to Banyon Data Systems Inc · Jul 14, 20251450All Town of Crocus activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Crocus?

Dnb National Bank was awarded this loan contract by Town of Crocus, as recorded on November 18, 2024. The contract value is $1,312,403.

How much is the Dnb National Bank contract with Town of Crocus worth?

The Dnb National Bank contract with Town of Crocus is valued at $1,312,403, 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 town-of-crocus-city-council-special-meeting-agenda-november-18-2024_78a.pdf (Agenda), dated November 18, 2024 from Town of Crocus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Dnb National Bank hold?

Dnb National 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 Town of Crocus currently buying?

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

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