Council Reviews Line of Credit Terms with AuburnBank
City of LanettCity · AL- Document date
- Dec 15, 2025
The 30-second brief
The Lanett City Council reviewed the city's line of credit agreement with AuburnBank, evaluating the 4.8% interest rate and considering the possibility of converting to a fixed rate structure.
AUBURNBANK holds this financial services contract with City of Lanett. Its other public contracts on record include work for City of Auburn.
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Contract details
- Contract type
- Financial Services
- Document date
- December 15, 2025
- Vendor
- AUBURNBANK
- Agency
- City of Lanett
- Source document
- City of Lanett City Council Meeting Minutes December 2025 (Minutes)
AUBURNBANK's other public contracts
More City of Lanett contracts
Questions about this contract
Who was awarded the financial services contract by City of Lanett?
AUBURNBANK was awarded this financial services contract by City of Lanett, as recorded on December 15, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Lanett City Council Meeting Minutes December 2025 (Minutes), dated December 15, 2025 from City of Lanett. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does AUBURNBANK hold?
AUBURNBANK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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