CONTRACTAPPROVED

Banks Fire District #13 Awards Financial Services Contract to Summit Bank (June 2026)

Banks Fire District #13 logoBanks Fire District #13
Disclosed value
$300,000 borrowing limit; approximately $500 fee to establish line of credit
From minutes
Approved
Jun 23, 2026

The 30-second brief

What it covers

Banks Fire District #13 approved resolution 06232026B to establish a $300,000 operating line of credit with Summit Bank as an emergency financial safety net. The annually renewing facility, available from August through December with an estimated six percent interest rate and a $500 setup fee, is intended to address unforeseen operational expenses if needed.

Who holds it

Summit Bank holds this financial services contract with Banks Fire District #13. Its other public contracts on record include work for Shangri La Water District and Sebastopol Independent Charter District.

What happens next

Term as filed: Available annually from August through December; line of credit renews annually and can remain open indefinitely, subject to annual renewal.

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Contract details

Contract type
Financial Services
Amount
$300,000 borrowing limit; approximately $500 fee to establish line of credit
Document date
June 23, 2026
Term
Available annually from August through December; line of credit renews annually and can remain open indefinitely, subject to annual renewal
Source document
Banks Fire District #13 Special Board Meeting Minutes 2026-06-23 (Minutes)

Summit Bank's other public contracts

More Banks Fire District #13 contracts

Questions about this contract

Who was awarded the financial services contract by Banks Fire District #13?

Summit Bank was awarded this financial services contract by Banks Fire District #13, as recorded on June 23, 2026. The contract value is $300,000 borrowing limit; approximately $500 fee to establish line of credit.

How much is the Summit Bank contract with Banks Fire District #13 worth?

The Summit Bank contract with Banks Fire District #13 is valued at $300,000 borrowing limit; approximately $500 fee to establish line of credit, 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 Banks Fire District #13 Special Board Meeting Minutes 2026-06-23 (Minutes), dated June 23, 2026 from Banks Fire District #13. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Summit Bank hold?

Summit 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 Banks Fire District #13 currently buying?

Explore Banks Fire District #13's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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