FINANCIAL_SERVICESRECOMMENDED

Adams Considers Royal Bank Loan for Budget Deficit

The City of Adams Finance Committee will consider recommending a loan from Royal Bank at a 4.97% interest rate. The loan would not exceed $450,000 and would fund operating costs associated with the projected 2027 budget deficit.

Document date · October 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $450,000.00
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
City of Adams Agenda Finance Committee Meeting October 5, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Royal Bank was awarded this financial services contract by City of Adams, as recorded on October 5, 2026. The contract value is Not to exceed $450,000.00.

How much is the Royal Bank contract with City of Adams worth?

The Royal Bank contract with City of Adams is valued at Not to exceed $450,000.00, 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 Adams Agenda Finance Committee Meeting October 5, 2026 (Agenda), dated October 5, 2026 from City of Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Royal Bank hold?

Royal 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.

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