Royal Bank Operating Loan Recommended for Adams Budget
City of AdamsCity · WI- Disclosed value
- Not to exceed $200,000.00; agenda proposal was not to exceed $450,000.00
- From report
- Document date
- Oct 16, 2026
The 30-second brief
The City of Adams Finance Committee recommended that the Common Council approve a Royal Bank operating loan at 4.97% interest, capped at $200,000. The loan would support projected 2027 budget deficit operating costs.
Royal Bank holds this financial services contract with City of Adams. Its other public contracts on record include work for Cobb village.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $200,000.00; agenda proposal was not to exceed $450,000.00
- Document date
- October 16, 2026
- Vendor
- Royal Bank
- Agency
- City of Adams
- Source document
- City of Adams Financial Report Payment Approval Report 2026-10-16 (Report)
Royal Bank's other public contracts
More City of Adams contracts
Questions about this contract
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 16, 2026. The contract value is Not to exceed $200,000.00; agenda proposal was 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 $200,000.00; agenda proposal was 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 report record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Adams Financial Report Payment Approval Report 2026-10-16 (Report), dated October 16, 2026 from City of Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is City of Adams currently buying?
Explore City of Adams's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.