Community Center Lease Financing Continues With Truist Bank
Carbon Valley Park And Recreation DistrictSpecial District · Frederick, CO- Disclosed value
- $2,450,000 capitalized lease amount; total scheduled debt service $3,158,808.83
- From budget
- Document date
- Nov 14, 2026
- Renews
- Free account
The 30-second brief
Carbon Valley Parks and Recreation District continues its capital lease with Truist Bank to finance construction and installation of its Community Center. The lease was capitalized at $2.45 million, carries a 3.27% interest rate, and requires annual payments through December 1, 2037.
Truist Bank holds this financial services contract with Carbon Valley Park And Recreation District. Its other public contracts on record include work for Arapahoe Library District and Lee County School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,450,000 capitalized lease amount; total scheduled debt service $3,158,808.83
- Document date
- November 14, 2026
- Term
- August 29, 2022 – December 1, 2037; annual payments due December 1
- Renews
- On record
- Vendor
- Truist Bank
- Source document
- Carbon Valley Parks and Recreation District Budget 2027 Budget Book 2026-11-18 (Budget)
Truist Bank's other public contracts
More Carbon Valley Park And Recreation District contracts
Questions about this contract
Who was awarded the financial services contract by Carbon Valley Park And Recreation District?
Truist Bank was awarded this financial services contract by Carbon Valley Park And Recreation District, as recorded on November 14, 2026. The contract value is $2,450,000 capitalized lease amount; total scheduled debt service $3,158,808.83.
How much is the Truist Bank contract with Carbon Valley Park And Recreation District worth?
The Truist Bank contract with Carbon Valley Park And Recreation District is valued at $2,450,000 capitalized lease amount; total scheduled debt service $3,158,808.83, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in Carbon Valley Parks and Recreation District Budget 2027 Budget Book 2026-11-18 (Budget), dated November 14, 2026 from Carbon Valley Park And Recreation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Bank hold?
Truist 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 Carbon Valley Park And Recreation District currently buying?
Explore Carbon Valley Park And Recreation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
