FINANCIAL_SERVICESRECOMMENDED

Farmville Plans Truist Financing for Police Cars

The Town of Farmville Board of Commissioners is asked to adopt a resolution authorizing tax-exempt financing with Truist Bank for up to $218,600 to purchase and upfit five new police cars. The proposed financing would run for up to five years at an interest rate not to exceed 4.27%, secured by annual appropriations and a security interest in the vehicles.

Status
RECOMMENDED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Truist Bank
Agency
Town of Farmville · NC

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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
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
Not to exceed $218,600
Contract type
FINANCIAL_SERVICES
Contract term
Not to exceed five (5) years from closing
Renewal
Single 5-year financing term for vehicle purchase and upfit; no renewal terms specified.
Document type
AgendaPacket
Source document
Town of Farmville Agenda Packet August 3, 2026

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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 Farmville?

Truist Bank was awarded this financial services contract by Town of Farmville, as recorded on August 3, 2026. The contract value is Not to exceed $218,600.

How much is the Truist Bank contract with Town of Farmville worth?

The Truist Bank contract with Town of Farmville is valued at Not to exceed $218,600, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Farmville Agenda Packet August 3, 2026 (AgendaPacket), dated August 3, 2026 from Town of Farmville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Bank hold?

Truist 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.

View Truist Bank's profile

What is Town of Farmville currently buying?

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

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