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Lease-Purchase with First Commerce Bank Increased

City of Marysville logoCity of Marysville
Disclosed value
total lease purchase $1,506,000 at 4.98% interest
From agenda
Document date
Oct 27, 2025

The 30-second brief

What it covers

Marysville City Council amended its lease-purchase financing with First Commerce Bank, raising the total principal to $1,506,000 at 4.98% to fund an additional $250,000 for the 15th Street Storm Sewer Project. The financing terms otherwise remain unchanged.

Who holds it

First Commerce Bank holds this financial services contract with City of Marysville. Its other public contracts on record include work for City of Fayetteville and Valley View CUSD 365U.

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Contract details

Contract type
Financial Services
Amount
total lease purchase $1,506,000 at 4.98% interest
Document date
October 27, 2025
Vendor
First Commerce Bank
Agency
City of Marysville
Source document
city_council_meeting_agenda_october_27_2025.pdf (Agenda)

First Commerce Bank's other public contracts

City of Fayetteville, TennesseeCity Renews 12-Month CD with First Commerce Bank · Jun 9, 2026UndisclosedValley View CUSD 365U, IllinoisDistrict CDARS Deposit at First Commerce Bank · May 11, 2026Valley View CUSD 365U, IllinoisFirst Commerce Bank CDARS Certificate · Apr 13, 2026$243.5KTownship of Lakewood, New JerseyPerformance Guarantee Funds Released via First Commerce Bank · Mar 12, 2026$31.4KCity of Fayetteville, TennesseeCity Transfers CD to First Commerce Bank · Mar 10, 2026UndisclosedAll First Commerce Bank contractsVendor profile

More City of Marysville contracts

Blue Valley TrailersBlue Valley Trailers Provides Hustler Mower Bids · Jan 26, 2026UndisclosedWestern Consultants Dba Governmental Assistance ServicesCity Hires Western Consultants for LMI Survey · Jan 26, 2026$9.5KManhattan EnergyManhattan Energy Working on Pool Slide Resurfacing · Jan 26, 2026UndisclosedTruck Repair PlusLocal Shop Identified for Potential Roller Engine Service · Jan 26, 2026UndisclosedFoley CatFoley Cat Identified as Service Provider for Potential Roller · Jan 26, 2026UndisclosedAll City of Marysville activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Marysville?

First Commerce Bank was awarded this financial services contract by City of Marysville, as recorded on October 27, 2025. The contract value is total lease purchase $1,506,000 at 4.98% interest.

How much is the First Commerce Bank contract with City of Marysville worth?

The First Commerce Bank contract with City of Marysville is valued at total lease purchase $1,506,000 at 4.98% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_meeting_agenda_october_27_2025.pdf (Agenda), dated October 27, 2025 from City of Marysville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Commerce Bank hold?

First Commerce 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.

What is City of Marysville currently buying?

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

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