Upper San Juan Library District Awards Financial Services Contract to Bank of the San Juans a Division of Glacier Bank (July 2026)

Scope & details

The full contract record, as filed.

Contract amount

Maximum annual repayment cost of Rent not to exceed $134,000; total repayment cost not to exceed $1,330,000; total aggregate principal amount not to exceed $1,055,000

Contract type

FINANCIAL_SERVICES

Contract term

Lease Purchase Agreement term ending no later than August 1, 2036; Site Lease term ending no later than August 1, 2046

Renewal date

2036-08-01

Renewal

Lease Purchase Agreement is subject to annual appropriation by the District and may be terminated for nonappropriation at the end of any fiscal year. Site Lease term and Lease Purchase Agreement term are constrained by Resolution 2026-1; the delegation to set final terms via Sale Certificate is effective for one year from July 22, 2026.

Document type

AgendaPacket

Source document

Upper San Juan Library District AgendaPacket Special Meeting of the Library Board of Trustees 2026-07-22

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Silverton Board of Trustees Regular Meeting Packet February 2026

APPROVED

Town of Silverton, ColoradoNot to exceed $32,000 per year, payable in monthly installments over 5 yearsFeb 23, 2026

Silverton Board of Trustees Meeting Packet March 2025

PENDING

Town of Silverton, Colorado$100,000 at 5.19% interest, 5-year amortization (annual payment $21,038)Mar 24, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Upper San Juan Library District?

Bank of the San Juans a Division of Glacier Bank was awarded this financial services contract by Upper San Juan Library District, as recorded on July 22, 2026. The contract value is Maximum annual repayment cost of Rent not to exceed $134,000; total repayment cost not to exceed $1,330,000; total aggregate principal amount not to exceed $1,055,000.

How much is the Bank of the San Juans a Division of Glacier Bank contract with Upper San Juan Library District worth?

The Bank of the San Juans a Division of Glacier Bank contract with Upper San Juan Library District is valued at Maximum annual repayment cost of Rent not to exceed $134,000; total repayment cost not to exceed $1,330,000; total aggregate principal amount not to exceed $1,055,000, 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 Upper San Juan Library District AgendaPacket Special Meeting of the Library Board of Trustees 2026-07-22 (AgendaPacket), dated July 22, 2026 from Upper San Juan Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of the San Juans a Division of Glacier Bank hold?

Bank of the San Juans a Division of Glacier 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 Bank of the San Juans a Division of Glacier Bank's profile

What is Upper San Juan Library District currently buying?

Explore Upper San Juan Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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