CONTRACTAPPROVED

Madison Metropolitan School District Awards $13,000,000 Loan Contract to Citigroup Global Markets (August 2020)

Madison Metropolitan School District logoMadison Metropolitan School District
Disclosed value
$13,000,000
From resolution
Approved
Aug 31, 2020
Term
1 year

The 30-second brief

What it covers

Citigroup Global Markets Inc. has been awarded a $13,000,000 loan contract for Tax and Revenue Anticipation Promissory Notes, Series 2020, with an interest rate of 2.00% per annum. The notes are payable no later than September 2, 2021.

Who holds it

Citigroup Global Markets holds this loan contract with Madison Metropolitan School District. Its other public contracts on record include work for City of Auburn Hills and City of Poway.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Loan
Amount
$13,000,000
Document date
August 31, 2020
Term
1 year
Source document
madison-metropolitan-school-districtresolution2020-08-31_5da.pdf (Resolution)

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Questions about this contract

Who was awarded the loan contract by Madison Metropolitan School District?

Citigroup Global Markets was awarded this loan contract by Madison Metropolitan School District, as recorded on August 31, 2020. The contract value is $13,000,000.

How much is the Citigroup Global Markets contract with Madison Metropolitan School District worth?

The Citigroup Global Markets contract with Madison Metropolitan School District is valued at $13,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in madison-metropolitan-school-districtresolution2020-08-31_5da.pdf (Resolution), dated August 31, 2020 from Madison Metropolitan School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citigroup Global Markets hold?

Citigroup Global Markets 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 Madison Metropolitan School District currently buying?

Explore Madison Metropolitan School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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