FINANCIAL_SERVICESAPPROVED

City of Mott Awards $450,000 Financial Services Contract to Commercial Bank of Mott (December 2025)

The City Council approved obtaining a $450,000 bridge loan from Commercial Bank of Mott to cover interim construction costs while awaiting SRF loan draws. The loan helps support ongoing capital improvements.

Status
APPROVED
Document date
December 8, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Commercial Bank of Mott
Agency
City of Mott · ND

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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
$450,000.00
Contract type
FINANCIAL_SERVICES
Renewal
One-time bridge loan to cover project costs until SRF loan disbursement; not a revolving line.
Document type
Minutes
Source document
mott_city_council_minutes_december_2025.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 City of Mott?

Commercial Bank of Mott was awarded this financial services contract by City of Mott, as recorded on December 8, 2025. The contract value is $450,000.00.

How much is the Commercial Bank of Mott contract with City of Mott worth?

The Commercial Bank of Mott contract with City of Mott is valued at $450,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in mott_city_council_minutes_december_2025.pdf (Minutes), dated December 8, 2025 from City of Mott. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Commercial Bank of Mott hold?

Commercial Bank of Mott 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 Commercial Bank of Mott's profile

What is City of Mott currently buying?

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

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