FINANCIAL_SERVICESPENDING

Village considers rewrite of water debt certificate

The Homer Village Council will consider rewriting Debt Retirement (Water) Certificate #9850 with Southern Michigan Bank & Trust for $225,834.31 at 3.80% interest over 13 months. The action restructures the village’s water debt instrument pending roll call approval.

Status
PENDING
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Southern Michigan Bank & Trust
Agency
Town of Homer · MI

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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
$225,834.31
Contract type
FINANCIAL_SERVICES
Contract term
13 months @ 3.80%
Renewal
Proposed rewrite of existing Debt Retirement (Water) Certificate #9850 into a new 13‑month instrument at 3.80%.
Document type
Agenda
Source document
Homer Village Council Regular Meeting Agenda 2026-06-01

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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 Homer?

Southern Michigan Bank & Trust was awarded this financial services contract by Town of Homer, as recorded on June 1, 2026. The contract value is $225,834.31.

How much is the Southern Michigan Bank & Trust contract with Town of Homer worth?

The Southern Michigan Bank & Trust contract with Town of Homer is valued at $225,834.31, 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 Homer Village Council Regular Meeting Agenda 2026-06-01 (Agenda), dated June 1, 2026 from Town of Homer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southern Michigan Bank & Trust hold?

Southern Michigan Bank & Trust 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 Southern Michigan Bank & Trust's profile

What is Town of Homer currently buying?

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

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