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City of Yuma Awards Financial Services Contract to First Farm Bank (April 2026)

City of Yuma logoCity of Yuma
Disclosed value
Not to exceed $6,000,000 at 4.50% interest
From minutes
Approved
Apr 24, 2026
Term
15 years
Renews
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The 30-second brief

What it covers

The City of Yuma approved on first reading Ordinance #5, Series of 2026, authorizing a loan with First Farm Bank to finance the new city pool, with borrowing up to $6 million at 4.50% over 15 years. The draw-style loan is expected to close around June 9, 2026.

Who holds it

First Farm Bank holds this financial services contract with City of Yuma. Its other public contracts on record include work for Platte Valley Fire Protection District and Yuma School District 1.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $6,000,000 at 4.50% interest
Document date
April 24, 2026
Term
15 years
Renews
On record
Vendor
First Farm Bank
Agency
City of Yuma
Source document
City of Yuma Council Meeting Minutes April 2026 (Minutes)

First Farm Bank's other public contracts

Platte Valley Fire Protection District, ColoradoDistrict Considers Banking Move to First Farm Bank · Aug 4, 2026UndisclosedYuma School District 1, ColoradoDistrict Updates Signers on First Farm Bank Accounts · Jun 22, 2026UndisclosedLogan County, ColoradoFirst Farm Bank Approved to Sell Fair Passes · May 14, 2026UndisclosedCity of Yuma, ColoradoCity Pool Loan Approved with First Farm Bank · May 5, 2026Yuma School District 1, ColoradoFirst Farm Bank Account Signer Authorization Amended · Feb 23, 2026UndisclosedAll First Farm Bank contractsVendor profile

More City of Yuma contracts

CEBTYuma Council to Consider 2027 CEBT Insurance Renewal · Oct 20, 2026UndisclosedCIRSAYuma Council to Discuss CIRSA Hail Damage Claim · Oct 20, 2026UndisclosedSterling Ethanol GroupCouncil to Discuss Sterling Ethanol Nondisclosure Agreement · Oct 6, 2026UndisclosedPowell, StewartYuma Council Considers Farmland Lease with Stewart Powell · Oct 6, 2026UndisclosedSterling Ethanol GroupYuma Council Considers Sterling Ethanol NDA Approval · Oct 6, 2026UndisclosedAll City of Yuma activityAgency profile

Questions about this contract

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

First Farm Bank was awarded this financial services contract by City of Yuma, as recorded on April 24, 2026. The contract value is Not to exceed $6,000,000 at 4.50% interest.

How much is the First Farm Bank contract with City of Yuma worth?

The First Farm Bank contract with City of Yuma is valued at Not to exceed $6,000,000 at 4.50% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Yuma Council Meeting Minutes April 2026 (Minutes), dated April 24, 2026 from City of Yuma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Farm Bank hold?

First Farm 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 Yuma currently buying?

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

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