Commercial Bank Proposes Cascade System Financing Terms
- Disclosed value
- 4.3% interest; estimated payments $1,160.47 (36 months), $1,005.18 (42 months), $888.77 (48 months)
- From agendapacket
- Document date
- Aug 13, 2026
The 30-second brief
Commercial Bank outlined financing proposals for Altamont's $39,126 fire department cascade system at 4.3% interest over 36, 42, or 48 months. The city is considering these terms alongside other lenders.
Commercial Bank holds this financial services contract with City of Altamont. Its other public contracts on record include work for Clinton County and City of Oak Ridge.
Term as filed: Financing options for 36, 42, or 48 months at 4.3%.
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Contract details
- Contract type
- Financial Services
- Amount
- 4.3% interest; estimated payments $1,160.47 (36 months), $1,005.18 (42 months), $888.77 (48 months)
- Document date
- August 13, 2026
- Term
- Financing options for 36, 42, or 48 months at 4.3%
- Vendor
- Commercial Bank
- Agency
- City of Altamont
- Source document
- City of Altamont Agenda Packet 2026-08-13 (AgendaPacket)
Commercial Bank's other public contracts
More City of Altamont contracts
Questions about this contract
Who was awarded the financial services contract by City of Altamont?
Commercial Bank was awarded this financial services contract by City of Altamont, as recorded on August 13, 2026. The contract value is 4.3% interest; estimated payments $1,160.47 (36 months), $1,005.18 (42 months), $888.77 (48 months).
How much is the Commercial Bank contract with City of Altamont worth?
The Commercial Bank contract with City of Altamont is valued at 4.3% interest; estimated payments $1,160.47 (36 months), $1,005.18 (42 months), $888.77 (48 months), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Altamont Agenda Packet 2026-08-13 (AgendaPacket), dated August 13, 2026 from City of Altamont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Commercial Bank hold?
Commercial 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 Altamont currently buying?
Explore City of Altamont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.