Town of Mount Vernon Awards $1,435,000 Financing Contract to Banterra Bank (May 2024)
Town of Mount VernonCity · AL- Disclosed value
- $1,435,000
- From meeting minutes
- Approved
- May 20, 2024
- Term
- 7 years
The 30-second brief
Banterra Bank secured a $1,435,000 financing contract for the Downtown Park project over seven years with a competitive 5.53% interest rate and no fees, as approved by the City Council.
Banterra Bank holds this financing contract with Town of Mount Vernon. Its other public contracts on record include work for City of Carbondale city and City of Christopher.
Term as filed: 7 years.
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Contract details
- Contract type
- Financing
- Amount
- $1,435,000
- Document date
- May 20, 2024
- Term
- 7 years
- Vendor
- Banterra Bank
- Agency
- Town of Mount Vernon
- Source document
- town-of-mount-vernon-meeting-minutes-2024-05-20_45e.pdf (Meeting Minutes)
Banterra Bank's other public contracts
More Town of Mount Vernon contracts
Questions about this contract
Who was awarded the financing contract by Town of Mount Vernon?
Banterra Bank was awarded this financing contract by Town of Mount Vernon, as recorded on May 20, 2024. The contract value is $1,435,000.
How much is the Banterra Bank contract with Town of Mount Vernon worth?
The Banterra Bank contract with Town of Mount Vernon is valued at $1,435,000, covering financing work.
What type of contract is this?
This is a Financing contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-mount-vernon-meeting-minutes-2024-05-20_45e.pdf (Meeting Minutes), dated May 20, 2024 from Town of Mount Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Banterra Bank hold?
Banterra 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 Town of Mount Vernon currently buying?
Explore Town of Mount Vernon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.