CONTRACTPENDING

County Draw on Independent Bank Letter of Credit

Douglas County logoDouglas County
Disclosed value
$53,240.73
From agenda
Document date
Dec 9, 2025

The 30-second brief

What it covers

Douglas County is considering a resolution to draw $53,240.73 on Irrevocable Letter of Credit No. 698 issued by Independent Bank for Inspiration Point Phases 1 and 2 warranty performance security. The draw enforces financial guarantees tied to subdivision improvements.

Who holds it

Independent Bank holds this financial services contract with Douglas County. Its other public contracts on record include work for BEAR CREEK SUD and City of Belding.

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Contract details

Contract type
Financial Services
Amount
$53,240.73
Document date
December 9, 2025
Source document
douglas_county_board_of_county_commissioners_busin.pdf (Agenda)

Independent Bank's other public contracts

More Douglas County contracts

Questions about this contract

Who was awarded the financial services contract by Douglas County?

Independent Bank was awarded this financial services contract by Douglas County, as recorded on December 9, 2025. The contract value is $53,240.73.

How much is the Independent Bank contract with Douglas County worth?

The Independent Bank contract with Douglas County is valued at $53,240.73, 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 douglas_county_board_of_county_commissioners_busin.pdf (Agenda), dated December 9, 2025 from Douglas County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Independent Bank hold?

Independent 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 Douglas County currently buying?

Explore Douglas County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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