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Aberdeen Budgets Suntrust Bank Debt-Service Payments

City of Aberdeen logoCity of Aberdeen
Disclosed value
$50,400 principal and $1,148 interest budgeted for FY2025
From agenda
Document date
May 13, 2024

The 30-second brief

What it covers

Aberdeen budgeted $51,548 in FY2025 principal and interest payments tied to Suntrust Bank financing. The obligation supports prior capital projects and refunding bonds.

Who holds it

Suntrust Bank holds this financial services contract with City of Aberdeen. Its other public contracts on record include work for Nashville Airport Authority and Richmond Redevelopment & Housing Authority.

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Contract details

Contract type
Financial Services
Amount
$50,400 principal and $1,148 interest budgeted for FY2025
Document date
May 13, 2024
Vendor
Suntrust Bank
Agency
City of Aberdeen
Source document
City of Aberdeen Agenda 2024-05-13 (Agenda)

Suntrust Bank's other public contracts

Nashville Airport Authority, TennesseeSunTrust Bank Bond Financing Ongoing · Aug 12, 2026$27.4MRichmond Redevelopment & Housing Authority, VirginiaHistorical Trustee Role by SunTrust Bank for RRHA Bonds · Mar 13, 2026UndisclosedBrooksville Housing Authority, FloridaCity Continues Payments on Water & Sewer Refunding Bonds · Jan 1, 2026$786KBrooksville Housing Authority, FloridaSunTrust Bank Provides City Capital Financing · Jan 1, 2026Brooksville Housing Authority, FloridaCity to Complete Patch Truck Loan Payments in FY2026 · Jan 1, 2026$15.5KAll Suntrust Bank contractsVendor profile

More City of Aberdeen contracts

PARETOHEALTHAberdeen Evaluates ParetoHealth Captive Insurance · Oct 19, 2026Frederick Ward AssociatesFrederick Ward Associates Supports Middleton Road Plans · Oct 19, 2026UndisclosedAberdeen Boys & Girls ClubBoys and Girls Club Operates Aberdeen Swim Center · Oct 19, 2026UndisclosedUHCAberdeen Reports 2020 UHC Health Insurance Premiums · Oct 19, 2026$2.1MJlr Design ConsultantsJLR Design Consultants Listed on Middleton Road Plans · Oct 19, 2026UndisclosedAll City of Aberdeen activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Aberdeen?

Suntrust Bank was awarded this financial services contract by City of Aberdeen, as recorded on May 13, 2024. The contract value is $50,400 principal and $1,148 interest budgeted for FY2025.

How much is the Suntrust Bank contract with City of Aberdeen worth?

The Suntrust Bank contract with City of Aberdeen is valued at $50,400 principal and $1,148 interest budgeted for FY2025, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Aberdeen Agenda 2024-05-13 (Agenda), dated May 13, 2024 from City of Aberdeen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Suntrust Bank hold?

Suntrust 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 City of Aberdeen currently buying?

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

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