Airport Construction Loan Extended With Citizens Bank
City of ArkadelphiaCity · Arkadelphia, AR- Disclosed value
- Up to $600,000; interest at 5.89%
- From agendapacket
- Document date
- Jul 7, 2026
- Renews
- Free account
The 30-second brief
Arkadelphia moved to extend its revolving construction loan agreement with Citizens Bank to finance airport capital improvement projects. The extension allows borrowing up to $600,000 at 5.89% interest through December 31, 2027, with monthly interest payments.
Citizens Bank holds this financial services contract with City of Arkadelphia. Its other public contracts on record include work for County College Of Morris and San Gabriel County Water District.
The renewal date is on record. A free account shows it, with the renewals for every City of Arkadelphia contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $600,000; interest at 5.89%
- Document date
- July 7, 2026
- Term
- Through December 31, 2027 (eighteen-month extension)
- Renews
- Free account
- Vendor
- Citizens Bank
- Agency
- City of Arkadelphia
- Source document
- Arkadelphia Board of Directors AgendaPacket Regular Called Meeting 2026-07-07 (AgendaPacket)
Citizens Bank's other public contracts
More City of Arkadelphia contracts
Questions about this contract
Who was awarded the financial services contract by City of Arkadelphia?
Citizens Bank was awarded this financial services contract by City of Arkadelphia, as recorded on July 7, 2026. The contract value is Up to $600,000; interest at 5.89%.
How much is the Citizens Bank contract with City of Arkadelphia worth?
The Citizens Bank contract with City of Arkadelphia is valued at Up to $600,000; interest at 5.89%, 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 Arkadelphia Board of Directors AgendaPacket Regular Called Meeting 2026-07-07 (AgendaPacket), dated July 7, 2026 from City of Arkadelphia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Citizens Bank hold?
Citizens 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 Arkadelphia currently buying?
Explore City of Arkadelphia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.