FINANCIAL_SERVICESRECOMMENDED

Tax-Exempt Fire Engine Loan Recommended with KS Bank

Kenly Volunteer Fire Department has requested County approval of tax-exempt status for a loan of up to $877,171.00 from KS Bank at 6.45% for 15 years to finance a 2025 E-One fire engine. The County’s Finance Director has reviewed competing proposals and recommends financing with KS Bank.

Status
RECOMMENDED
Document date
August 4, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Ks Bank
Agency
Johnston County Schools · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
up to $877,171.00
Contract type
FINANCIAL_SERVICES
Contract term
15 year term
Renewal date
2040-01-01
Renewal
Single 15-year tax-exempt loan; no renewals noted.
Document type
Agenda
Source document
johnston-county-board-of-commissioners-regular-agenda-august-4-2025_962.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Johnston County Schools?

Ks Bank was awarded this financial services contract by Johnston County Schools, as recorded on August 4, 2025. The contract value is up to $877,171.00.

How much is the Ks Bank contract with Johnston County Schools worth?

The Ks Bank contract with Johnston County Schools is valued at up to $877,171.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in johnston-county-board-of-commissioners-regular-agenda-august-4-2025_962.pdf (Agenda), dated August 4, 2025 from Johnston County Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ks Bank hold?

Ks 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 Ks Bank's profile

What is Johnston County Schools currently buying?

Explore Johnston County Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Johnston County Schools's profile

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