CONTRACTONGOING

Jumoke Academy considering mortgage transfer to Liberty Bank

Jumoke Academy District logoJumoke Academy District
Document date
Dec 10, 2024
Term
5 year term

The 30-second brief

What it covers

Jumoke Academy has an outstanding 5-year term mortgage with Bank of America. The academy is considering transferring the mortgage to Liberty Bank for a 10-year term, which would result in a 0.04% decrease in interest rate and a savings of just under $20,000.

Who holds it

Bank of America Corporation holds this mortgage contract with Jumoke Academy District. Its other public contracts on record include work for Lauderdale Isles Water Management District and City of Fort Lauderdale.

What happens next

Term as filed: 5 year term.

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Contract details

Contract type
Mortgage
Document date
December 10, 2024
Term
5 year term
Source document
jumoke-academy-districtmeeting-minutes2024-12-10_27e.pdf (Meeting Minutes)

Bank of America Corporation's other public contracts

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Questions about this contract

Who was awarded the mortgage contract by Jumoke Academy District?

Bank of America Corporation was awarded this mortgage contract by Jumoke Academy District, as recorded on December 10, 2024.

What type of contract is this?

This is a Mortgage contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in jumoke-academy-districtmeeting-minutes2024-12-10_27e.pdf (Meeting Minutes), dated December 10, 2024 from Jumoke Academy District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Corporation hold?

Bank of America Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Jumoke Academy District currently buying?

Explore Jumoke Academy District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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